. Among students enrolled in the poorest third of schools, the effect is 7.3 percentage points. Smaller classes increase the … likelihood of earning a college degree by 1.6 percentage points and shift students towards high-earning fields such as STEM …

We analyze the effect of Colombia's ambitious "Free Housing" program on children's educational outcomes. The program … lotteries and linking applicants to their children. We find that public housing increases high school graduation by seven …. Their children also attend better schools and live in neighborhoods with less crime …

For an economy with altruistic parents facing productivity shocks, the optimal estate taxation is progressive …: fortunate parents should face lower net returns on their inheritances. This progressivity reflects optimal mean reversion in …

-random distribution of teachers and students among classrooms within schools. We find compelling evidence that teacher credentials affect … distribution of teacher credentials by race and socio-economic status of high school students -- a pattern we also document …

students' lifetime income by more than $250,000 for the average class- room in our sample. We conclude that good teachers …Are teachers' impacts on students' test scores ("value-added") a good measure of their quality? This question has …' impacts on student achievement and (2) whether high-VA teachers improve students' long-term outcomes. We address these two …

-birthweight children. This targeting heavily oversampled twins, whose outcomes differed significantly from singletons'. Singletons' gains …-term gains and negative age-18 impacts. These outcome differences arise from differences in parents' response to the program. A …

that are most effective for their children. Contrary to these arguments, empirical evidence suggests that parents may not …Proponents of school choice argue that it improves educational outcomes by allowing parents to self-select into schools …

School choice may lead to improvements in school productivity if parents' choices reward effective schools and punish … ineffective ones. This mechanism requires parents to choose schools based on causal effectiveness rather than peer characteristics … estimate impacts on college attendance and college quality. Parents prefer schools that enroll high-achieving peers, and these …