The effect of a general school choice reform on student performance is studied in a Swedish institutional setting. A rich set of individual level data allows estimation of a value added specification, mitigating problems with omission of relevant variables. Increased school competition is shown...

This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral problems of its participants. We identify these impacts using discontinuities in the probability of participation induced by program eligibility rules. Our strategy allows us to...

This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral problems of its participants. We identify these impacts using discontinuities in the probability of participation induced by program eligibility rules. Our strategy allows us to...

This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...

This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...

This paper examines the distributional impacts of direct college costs - that is, whether the response of educational decisions to college costs varies by student characteristics. The primary obstacle in estimating these effects is the endogeneity of schooling costs. To overcome this issue, I...

I study the size and sources of the monetary return to college achievement as measured by cumulative Grade Point Average (GPA). I rst present evidence that the return to achievement is large and statistically signi cant. I nd, however, that this masks variation in the return across dierent...

This paper examines the distributional impacts of direct college costs { that is, whether the response of educational decisions to college costs varies by student characteristics. The primary obstacle in estimating these eects is the endogeneity of schooling costs. To overcome this issue, I use...

Both practitioners and academics posit that microfinance organizations face a tradeoff between financial performance and outreach. We designed a randomized controlled trial of a transitory interest rate subsidy to investigate this tradeoff. We find that subsidized credit substantially increases...

This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax pol- icy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...