This paper uses survival analysis to model exits over time from two alternative notions of homelessness. We are unique in being able to account for time-invariant, unobserved heterogeneity. We find that duration dependence has an inverted U-shape with exit rates initially increasing (indicating...

The school resources – educational outcomes debate has focused almost exclusively on spending levels. We extend this by analysing the relationship between student achievement and schools’ budget allocation decisions using panel data. Per-pupil expenditure has only a modest relationship with...