This paper studies how social background affects schooling attainment and job opportunities from a theoretical perspective. We analyse the in-teraction between a school and an employer when students attend school and then go to the job market. Students diÞer in ability and belong to different...

Educational assortative matching encourages individuals to acquire education so as to increase the probability of marrying a high-income partner. But since everyone is more educated, the chances of a good match do not change. Hence over-education emerges, as in absence of educational assortative...

This paper examines how educational decisions affect job and marital satisfaction. We build up a model with educational assortative matching where individuals decide whether to attend university both for obtaining job satisfaction and for increasing the probability to be matched with an educated...

The paper examines whether meeting performance targets in tests at school has an effect on students' subsequent achievement in education and the take-up by schools of financial support from the government for students. We build a theoretical model to describe the channels through which students'...

In this paper we develop a model in which students choose their university coursework based on both investment and consumption incentives. We show that these education decisions are socially inefficient. This result is driven by the fact that students do not consider an externality in the...

The paper examines whether meeting performance targets in tests at school has an effect on students' subsequent achievement in education and the take-up by schools of financial support from the government for students. We build a theoretical model to describe the channels through which students'...