productivity parameter, class size is a component of school quality, households are heterogeneous in income and hence willingness … to pay for school quality, and schools are subject to a class-size cap. The model offers an explanation for two distinct … approach in settings in which parents have substantial school choice and schools are free to set prices and influence their …

productivity parameter, class size is a component of school quality, households are heterogeneous in income and hence willingness … to pay for school quality, and schools are subject to a class-size cap. The model offers an explanation for two distinct … approach in settings in which parents have substantial school choice and schools are free to set prices and influence their …

productivity parameter, class size is a component of school quality, households are heterogeneous in income and hence willingness … to pay for school quality, and schools are subject to a class-size cap. The model offers an explanation for two distinct … approach in settings in which parents have substantial school choice and schools are free to set prices and influence their …

marginalized groups. Raising the compulsory schooling requirement forces students to remain in school which, on balance, is good …