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The intergenerational elasticity of income is generally considered one of the best summary measures of the degree to which a society gives equal opportunity of success to all its members, irrespective of their family background. We present a parsimonious political economy model and show how the...
Persistent link: https://www.econbiz.de/10013144165
Policies that improve early life human capital are a promising tool to alter disadvantaged children's lifelong trajectories. Yet, in many low-income countries, children and their parents face tradeoffs between schooling and productive work. If there are positive returns to human capital in child...
Persistent link: https://www.econbiz.de/10013312318
This paper considers the problem of making inferences about the effects of a program on multiple outcomes when the assignment of treatment status is imperfectly randomized. By imperfect randomization we mean that treatment status is reassigned after an initial randomization on the basis of...
Persistent link: https://www.econbiz.de/10013127296
This paper reviews some of the econometric methods that have been used in the economics of education. The focus is on … interpretation of the results. We start by considering the estimation of the returns to education both within the context of a … of assessing the impact of education quality, the teacher contribution to pupils' achievement and the effect of school …
Persistent link: https://www.econbiz.de/10013143183
important justifications for government intervention in the market for education. In this study, I present evidence on whether …
Persistent link: https://www.econbiz.de/10013212878
This paper analyzes a model in which different rational individuals vote over the composition and time profile of public spending. Potential disagreement between current and future majorities generates instability in the social choice function that aggregates individual preferences. In...
Persistent link: https://www.econbiz.de/10013308356
more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter …
Persistent link: https://www.econbiz.de/10013074913
theoretical framework and assess whether the behavior of voters is consistent with sincere voting in U.S. national elections in … the post-war period. We find that by and large sincere voting can explain virtually all of the individual …-level observations on voting behavior in presidential and congressional U.S. elections in the data …
Persistent link: https://www.econbiz.de/10012777605
We study the properties of the group-based model of voting in elections with more than two candidates. We consider two … equilibria under both rules and identify the features of an election that favor different types of voting behavior: either … sincere voting or coordination behind a limited number of candidates. Comparing plurality and majority runoff, we find that …
Persistent link: https://www.econbiz.de/10012946033
For voters with quot;socialquot; preferences, the expected utility of voting is approximately independent of the size … show that rational socially-motivated voting has a feedback mechanism that stabilizes turnout at reasonable levels (e …
Persistent link: https://www.econbiz.de/10012759742