Two related measures of educational inequality are proposed: one for educational
achievement and another for educational opportunity. The former is the simple variance (or …

We present an equilibrium theory of the organization of work in an economy where
knowledge is an essential input in production and agents are heterogeneous in skill. Agents …

Many social commentators have raised concerns over the possibility that increased sorting
in society may lead to greater inequality. To investigate this, we construct a dynamic model …

Este artigo estima uma função de produção educacional para o ensino fundamental
brasileiro, com base nos dados do Sistema de Avaliação da Educação Básica (SAEB) para …

Policymakers frequently use price regulations as a response to inequality in the markets
they control. In this paper, we examine the optimal structure of such policies from the …

Although there are exceptions, most European universities and institutions of higher
education find it difficult to compete with the best universities in the Anglo-Saxon world …

When there are peer effects in education, private schools have an incentive to vary tuition to
attract relatively able students. Epple and Romano [American Economic Review 88 …

How do consumer credit markets affect the allocation of workers to firms, output, and labour
productivity? We address this question in two steps. First, we use new micro-data to estimate …

We study two-sided markets with a finite number of agents on each side, and with two-sided
incomplete information. Agents are matched assortatively on the basis of costly signals …

This paper studies the role of the expansion of higher education (HE) in increasing the
equality of tertiary education opportunities. We examine Italy's experience during the 1990s …