This paper asks how search costs, limited awareness of schools, misperceptions of schools' attributes, and inaccurate beliefs over unknown schools affect families' search and application decisions in Chile's nation wide school choice process. We combine novel data on search activity with a panel...

We study the accuracy of job seekers' wage expectations by comparing subjective beliefs to objective benchmarks using linked administrative and survey data. Our findings show that especially job seekers with low objective earnings potential and those predicted to face a penalty compared to their...

Cross-border migration can act as an important adjustment mechanism to country-specific shocks. Yet, depending on who moves, it can have unintended consequences for business cycle stability. This paper argues that the skill composition of migration plays a critical role. When migration flows...