The evolution of income distribution is studied in a dynamic model of education choice. In this model, both public and private education are available. Public education is financed using a tax rate determined by majority voting. The analysis focuses on neoclassical growth in order to ensure...

We study cross-country differences in rural and urban educational attainment by using a data set for a diverse group of 56 countries. Utilizing human capital, labor market and migration theories, we identify national, rural and urban factors that are expected to influence rural and urban...

This paper studies an economy where parents can choose between public or private schools and can vote on taxes used to fund public schools. The model is calibrated to US data and studied using simulations. A bimodal income distribution emerges where public education students converge to a...