threshold, to estimate causal returns to college education quality. I use a newly constructed dataset, which combines individual … admission threshold have 52% higher yearly income with respect to just-below-threshold students. This premium is equivalent to a … jump from the 44th percentile to the 74th percentile of the income distribution. The richness of the data allows me to …

We investigate the relationship between inequality and political support for public education funding in a model of … endogenous fertility and school choice. Household income heterogeneity is consistent with the skewness of empirical income … distributions. Inequality can drive education spending in opposite directions in poor and rich economies. A mean preserving spread …

We investigate the relationship between inequality and political support for public education funding in a model of … endogenous fertility and school choice. Household income heterogeneity is consistent with the skewness of empirical income … distributions. Inequality can drive education spending in opposite directions in poor and rich economies. A mean preserving spread …

quality level of higher education and the way education is financed. We start by examining a closed economy. In the presence … of imperfect credit markets the education level with pure fee-financing is lower than the optimal level. If the credit … skilled mobile workers as tax-payers while - at least partially - free-riding on the other country’s provision of education …

This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The … findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism … education (university education) reduces terrorism in a cluster of countries where conditions are more favorable. This suggests …

Education yields substantial non-monetary benefits, but the size of these gains is still debated. Previous studies, for … example, report contradictory effects of education and compulsory schooling on mortality - ranging from zero to large … compulsory education both in the shorter and longer run. In contrast, compulsory schooling reforms have little or no effect on …

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. Aset of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …