As in many school districts around the world, prospective high-school students in Ghana are assigned to schools through … students engage in a costly search process to acquire information over school characteristics. The key insight of the model is … selective school, welfare would increase by 72%. We propose a mechanism design reform, and show that collecting preferences over …

whether financial literacy skills play a role in shaping the value that high school students place on schooling. We … additional education, together with the costs associated with poor school outcomes. We complement OLS estimates with an … instrumental variable (IV) approach to recover a plausibly causal effect of financial literacy on the school outcomes of interest …