Students face four decision margins: (a) How many years to spend in school, (b) What to study, (c) How much effort to … effects on learning or dropout rates but they do appear to have positive effects on the reputation of high school graduates … not internalize the externalities that are pervasive in school settings and as a result students typically devote less …

universal random assignment of students to high schools in certain areas of South Korea to provide estimates of school effects … that may better reflect the effects of school practices. We find significant effects of schools on scores in high …-stakes college entrance exams: a 1 standard deviation increase in school quality leads to 0.06-0.08 standard deviations higher …

representative survey of middle school students in China and focus on schools that randomly assign students to classrooms. Our …, which include their social acclimation and general satisfaction in school. A further decomposition of channels suggests that …