We use computational experiments to study the impact of means-tested education vouchers on the level and distribution of educational expenditures.

We study the relative preference for risk-sharing or risk-pooling income-contingent loans for higher education of risk-averse individuals who differ in their ability to benefit from education and inherited wealth. We then analyse the outcome of a majority vote between the two income-contingent...

Two significant challenges hamper the analyses of the collective choice of educational vouchers. One is the multi-dimensional choice set arising from the interdependence of the voucher, public education spending, and taxation. Second, even absent a voucher, preferences over public spending are...

The literature on vouchers often concludes that a voucher-based system cannot be the outcome of a majority vote. This paper shows that it is possible to propose selective vouchers (of exogenous value) such that the majority of voters are in favour of selective vouchers. As long as the...

This paper analyzes educational choices and political support for subsidies to higher education in the presence of a time-consistency problem in income redistribution. There may be political support for so generous subsidization that it motivates the median voter to obtain higher education. As a...

It can be advantageous for an office motivated party A to spend effort to make it public that a group of voters will lose from party A’s policy proposal. Such effort is called inverse campaigning. The inverse campaigning equilibria are described for the case where the two parties can...

This paper studies electoral effects of exposure to religious minorities in the context of Muslim communities in Germany. Using unique data on mosques' construction and election results across municipalities over the period 1980-2013, we find that the presence of a mosque increases political...