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,...