by lowering class size. The theory provides a measurable and operational way to define school quality that can be tested … their classmates do worse. The theory presented below reconciles all of these facts by recognizing that classroom teaching … ranges away from equilibrium levels will adversely affect educational output. The theory argues for a particular non …

The Indeterminacy School in Macroeconomics exploits the fact that macroeconomic models often display multiple … Indeterminacy School has been used to explain volatility in financial markets. The second phase of the Indeterminacy School has been … used to explain periods of high persistent unemployment. The two phases of the Indeterminacy School provide a microeconomic …

Students often make school choice decisions with inadequate information. We present results from delivering information … with universal secondary school choice. We provided guidance on application strategies and reported the selectivity and …

of assessing the impact of education quality, the teacher contribution to pupils' achievement and the effect of school …

An important element in considering school finance policies is that households are not passive but instead respond to … existing urban models by incorporating multiple workplace locations, alternative public services by jurisdiction (school … qualities), and voter- determined school expenditure. In our general equilibrium model of residential location and community …

individuals go to school and accumulate skill valued in a perfectly competitive labor market. To this it adds one ingredient …: school reputation in the spirit of Holmstrom (1982). The first result is that if schools cannot select students based upon …

public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …

An important element in considering school finance policies is that households are not passive. Instead they respond to … residential location and community choice, households base optimizing decisions on commuting costs, school quality, and land rents … income and tastes for schools. This model is used to analyze a series of conventional policy experiments, including school …