This paper studies a model where student effort and talent interact with parental and teachers' investments, as well as with school system resources. The model is rich, yet sufficiently stylized to provide novel implications. It can show, for example, that an improvement in parental outside...

This paper examines the causal effects of Catholic schooling on educational attainment. Using a novel instrumental-variable approach that exploits an exogenous shock to the Catholic school system, we show that the positive correlation between Catholic schooling and student outcomes is explained...

In recent decades, the USA has admitted a large number of foreign-born students into its educational system, raising concerns that the presence of foreign-born students would adversely impact the educational achievement of US-born students and incentivize them to move to private schools where...

This paper argues that school grades cannot be interpreted solely as a reward for a given school performance, since they also reflect teachers' ratings of pupils. Grades therefore contain valuable information about pupils' own - usually unknown - ability. The incorporated assessment in grade...

The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...

We use a new empirical strategy to test various measures of school effectiveness in England. Our approach exploits discontinuities in attendance probabilities that occur at unpredictable distance cutoffs used as tiebreakers in admissions processes for oversubscribed schools. We show that raw,...

The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...

I study how schools impact student performance and educational attainment throughout secondary education, and show that school quality cannot be easily captured by any type of rankings because students with differing characteristics and abilities benefit from different school inputs. To do so, I...

I study how schools impact student performance and educational attainment throughout secondary education, and show that school quality cannot be easily captured by any type of rankings because students with differing characteristics and abilities benefit from different school inputs. To do so, I...

Despite the high estimated returns to schooling, the Brazilian educational indicators have been below international standards over the years. Worse, the poorer the family the lower human capital investment is. Since the individual probability of being poor is strongly determined by the...