This paper examines the education literature through the lens of sorting. It argues that how individuals sort across … neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality …. It discusses the implications of different education finance systems for sorting and analyzes the efficiency and welfare …

This paper examines the education literature through the lens of sorting. It argues that how individuals sort across … neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality …. It discusses the implications of different education finance systems for sorting and analyzes the efficiency and welfare …

inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth …, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions … emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of …