In May 1991, fifteen thousand Ethiopian Jews were brought to Israel in an overnight airlift and sorted in a haphazard and essentially random fashion to absorption centers across the country. This quasi-random assignment produced a natural experiment whereby the initial schooling environment of...

This paper examines the idea that the increasing return to college is reducing intergenerational mobility by differentially impacting the investments in children by parents across education groups. A larger return to college will create stronger incentives to invest in children by parents with...

This paper examines the effect of inequality on the incentives to emigrate according to a person's observable and unobservable skills. Borjas (1987) shows that higher skilled individuals are more likely to emigrate than lower skilled individuals when the returns to skill are higher in a...