access to public universities for students from lower socioeconomic backgrounds. A key concern, however, is how these … students will perform. This paper examines the relationship between high school quality and student success at college. Using … schools in the state that send students to the university, but also provides an admission criteria based on a sole observable …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

reproduce the volatility of the job finding rate. Moreover, the matching model embeds other non-linearities which alter the …

using matching methods. Because precise estimation of the expected counterfactual is particularly important in regions …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …

decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of …

leading UK university, we present evidence on the effects of class size on students' test scores. We observe the same student …-linear class size effects controlling for unobserved heterogeneity of both individual students and faculty. We find that (i) at the … and largest ranges of class sizes and zero over a wide range of intermediate class sizes; (iii) students at the top of the …