We compare the link between parents’ schooling and their children’s college-entrance test scores in Israeli kibbutzim (communal villages) and in the general population. Though kibbutzim are committed to an egalitarian ethos and provide all kibbutz children with similar need-based access to...

We examine the trade-offs implicit in academic admissions standards when students are charged cost-based tuition and offered loans that remove liquidity constraints. Lowering entry requirements while holding graduation requirements fixed increases aggregate output and promotes a more equal...

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Regions can benefit by offering infrastructure services that are differentiated by quality, thus segmenting the market for industrial location. Regions that compete on infrastructure quality have an incentive to increase the degree of differentiation between them. This places an upper bound on...

We consider the contribution of public education to growth through its role in building social capital—instilling common values and norms that lower economic transaction costs and reduce social tensions between different population groups. This is modeled in the context of a political economy...