This paper presents a screening model of education in which students having private information about their innate abilities are noisily tested in school. The aim is to explore the effect of noise on the screening equilibrium. By assuming that labour contracts take the form of reward schedules...

We take a different look at the PISA 2006 data set considering time input as the main ingredient for scholarly achievement. Across countries, absolute time spent studying is negatively related to scholarly achievement, while a larger fraction of total study time spent in the classroom is...

In this paper, we propose an intuitive way of how to measure residential segregation. Individuals are located in different nodes on a network that are interconnected through links. Each period, an individual either advances to an adjacent node or she stops moving. In this setting, the...

We take a different look at the PISA 2006 data considering time input as one of the main ingredients for scholarly achievement. Across countries there does not exist any clear relationship between total time spent studying (sum of class time, homework time and time spent in private lessons) and...

While students from more advantageous family backgrounds tend to perform better, it is not clear that they exert more effort compared to those from less advantageous family backgrounds. We build a model of students, schools, and employers to study the interaction of family background and effort...

In this article we compare a competency system based on an absolute standard vs. a competitive grading system (tournament) in terms of the student effort level they are able to motivate. We prove, unlike other previous work, that more risk does not always discourage effort under a competency...

. La reforma del Impuesto de la Renta de las Personas Físicas (Ley 40/1998) ha venido acompañada de un mecanismo de compensación destinado a cubrir la posible pérdida de incentivos por adquisición de vivienda habitual. Para ello, se ha definido el “incentivo teórico” que habría...