In recent decades, researchers have found compelling evidence of discrimination in the labor and housing market toward ethnic minorities based on field experiments using fictitious applications. However, these findings may be exaggerated as the names used for ethnic minorities in various...

Altruistic parents, who differ in income, make financial transfers to their children, who differ in ability. The children invest in post-compulsory education, subject to an endogenous credit constraint, and taking policy as given. There are two policy tools: a subsidy to those who participate in...

In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues. redistributive policies for them and education investments for their kids.Public education is the engine for growth its effect on human capital; but is also the...