Households “sort” across neighborhoods according to their wealth and their preferences for
public goods, social characteristics, and commuting opportunities. The aggregation of these …

Historically, most attention in public programs has been given to the resources devoted to
the activity, and resources have been used to index both commitment and quality. Education …

Economists and others have long believed that by balancing the costs of such public goods
as air quality and wilderness areas against their benefits, informed policy choices can be …

We present a model that links heterogeneity of preferences across ethnic groups in a city to
the amount and type of public goods the city supplies. We test the implications of the model …

A theoretical and computational model with tax-financed, tuition-free public schools and
competitive, tuition-financed private schools is developed. Students differ by ability and …

This paper studies the effects of progressive income taxes and education finance in a
dynamic heterogeneous‐agent economy. Such redistributive policies entail distortions to …

The major impediment to performing a benefit–cost analysis in many fields of applied
economics, such as those dealing with culture, environment, health, and transportation, is …

The American Dream and the Public Schools examines issues that have excited and divided
Americans for years, including desegregation, school funding, testing, vouchers, bilingual …

We examine how economic stratification affects inequality and growth over time. We study
economies where heterogenous agents interact through local public goods or externalities …

El método de la valoración contingente es una de las técnicas-a menudo la única-que
tenemos para estimar el valor de bienes (productos o servicios) para los que no existe …