We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....

Schools vary in quality, and high-performing schools tend to be oversubscribed: there are more applicants than places available. In this paper, we use nationally representative cohort data linked to administrative education records to study the consequences of failing to gain admission to one's...

This paper is concerned with the relationship between class size and the student outcome length of time in post-compulsory schooling. Research on this topic has been problematic partly because omitted unobservables, like parents' incomes and education levels, are likely to be correlated with...