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We investigate the economic value of a law degree and find that for most law school graduates, the present value of a law degree typically exceeds its cost by hundreds of thousands of dollars. The median and 25th-percentile earnings premiums justify enrollment. We track lifetime earnings of a...
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Using 2000 Census data, we describe the relationship between women's education and marriage outcomes. Women's education is strongly related to husband's income and marital status. This relationship is highly nonlinear and varies across the distribution of husband's earnings. Roughly half of the...
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We develop a model of lobbying in which a time and resource constrained policymaker first chooses which policy proposals to learn about, before choosing which to implement. The policymaker reviews the proposals of the interest groups who provide the highest contributions. We study how policy...
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