With a limited budget and resources, governments must decide how to allocate funds across a variety of factors which benefit society such as education, crime deterrence, and public safety. Each increase in spending on one area comes with the knowledge that this money cannot be spent on social...

The underrepresentation of minority teachers and male teachers remains an issue in US elementary education, and there is evidence that racial interactions partly shape student performance. However there is little work on discrimination within the classroom. Do teachers give better grades to...

How do credit standards on the mortgage market affect neighbourhood choice and the resulting level of urban segregation? To answer this question, we first develop a model of neighbourhood choice with credit constraints. The model shows that a relaxation of credit standards can either increase or...