The paper presents a detailed description of the ISMIK model which was developed as a part of "Priority project TÁMOP - 2.3.2-09/1 Establishing labour market forecasts and foreseeing structural changes". The ISMIK model is a dynamic microsimulation model to project individuals' educational...

This paper sets out a new budget allocation formula for schools, designed to achieve a more equitable distribution of educational achievement. In addition to needs-based elements, the suggested composite allocation formula includes an improvement component, whereby schools receive budgetary...

Sweden has a school voucher system with universal coverage and full acceptance of corporate providers. Using a value added approach, we find that students at upper-secondary voucher schools on average score 0.06 standard deviations lower on externally graded standardized tests in first year core...

We study the effects of increased school spending in rural American school districts by leveraging the introduction and subsequent expansion of Wisconsin's Sparsity Aid Program. We find that the program, which provides additional state funding to small and isolated school districts, increased...

Our paper analyzes historical data for New York State on the percentage of school board budget proposals that are defeated each year and panel data that we collected for individual school districts in the state. We find that changes in state aid have little impact on budget vote success....

We study the evolution of educational attainment of the 1932-1972 cohorts using a human capital investment model with heterogeneous learning ability. Inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and average learning ability...

This paper examines whether parental marriage confers educational advantages to children relative to cohabitation. We exploit a dramatic marriage boom in Sweden in late 1989 created by a reform of the Widow's Pension System that raised the attractiveness of marriage compared to cohabitation to...

In this paper we show that there is a reduction in the correlation coefficient between father and children schooling levels over time in Italy. However, focusing on equality of circumstances, we show that there is still a persistent difference in the odds of attaining a college degree between...