findthat immigrant students are less likely to choose challenging academic track highschools compared with their Italian …

, the so-called switching-track, weakening the recovering role of monetary policy and inducing an L-shaped recovery. When … calibrated to the U.S. economy, the model replicates well the L-shaped recovery and switching-track that followed the Great …

We present direct evidence on the link between children’s patience and educational-track choices years later. Combining … an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three … years later at the end of middle school, we find that patience significantly predicts choosing an academic track. This …