A perennial debate worldwide over housing aid policy focuses on whether the government should provide housing vouchers or subsidized public housing units. To complement the empirically- dominated literature, this paper builds a general equilibrium model that merges urban land use (monocentric...

Recent studies of US elite exam schools have yielded the startling conclusion that such schools improve neither educational achievement nor longer-term educational outcomes. Is the same true for exam schools elsewhere? The system in Turkey is ideal for investigating this question. There,...

The structure and functioning of the market of higher education in the United States possess distinctive if not puzzling features such as the wide spectrum of institutional arrangements and sources of funding, stark segmentation in levels of selectivity and instructional resources, and high...