Advances in economics and econometrics : theory and applications : eighth World Congress. Volume II by Dewatripont, M. (Mathias); Hansen, Lars Peter; Turnovsky, Stephen J; Econometric Society. World Congress (8th : 2000 : University of Washington) instant download

Advances in economics and econometrics : theory and applications : eighth World Congress. Volume II by Dewatripont, M. (Mathias); Hansen, Lars Peter; Turnovsky, Stephen J; Econometric Society. World Congress (8th : 2000 : University of Washington) instant download

1 online resource (xii, 372 pages) :, This is the second of three volumes containing edited versions of papers and commentaries presented in invited symposium sessions of the Eighth World Congress of the Econometric Society. The papers summarize and interpret recent key developments and discuss future directions in a wide range of topics in economics and econometrics. The papers cover both theory and applications. Written by leading specialists in their fields, these volumes provide a unique survey of progress in the discipline, Includes bibliographical references and indexes, Print version record, Cover -- Half-title -- Series-title -- Title -- Copyright -- Contents -- Contributors -- Preface -- CHAPTER 1 Sorting, Education, and Inequality -- 1. INTRODUCTION -- 2. SORTING INTO NEIGHBORHOODS -- 2.1. Multicommunity Models: The Economics of Sorting -- 2.2. The Efficiency of Local Provision of Education -- 2.3. Comparing Systems of Financing Public Education: Dynamic Considerations -- 3. SORTING INTO SCHOOLS -- 4. HOUSEHOLD SORTING -- 5. CONCLUDING REMARKS -- ACKNOWLEDGMENTS -- References -- CHAPTER 2 Wage Equations and Education Policy -- 1. INTRODUCTION -- 2. INTERPRETING WAGE EQUATIONS -- 2.1. The Wage Equation in a Competitive Model -- 2.2. The Wage Equation in the Burdett ... Mortensen Equilibrium Search Model -- 2.3. The Schooling Coefficient -- 2.4. A Brief Digression: Estimating the Schooling Coefficient by Using Natural Experiments -- 3. EXTENSIONS OF THE COMPETITIVE SKILL MARKET EQUILIBRIUM MODEL -- 3.1. Willis and Rosen -- 3.2. Heckman and Sedlacek -- 3.3. Keane and Wolpin -- 4. USE OF STRUCTURAL ESTIMATION OF SCHOOLING CHOICE MODELS FOR THE EVALUATION OF EDUCATION POLICIES -- 4.1. Graduation Bonuses -- 4.2. Tuition Effects -- 4.3. Relaxing Borrowing Constraints -- 5. GENERAL EQUILIBRIUM -- 6. CONCLUSIONS -- ACKNOWLEDGMENTS -- References -- Empirical and Theoretical Issues in the Analysis of Education Policy -- 1. INTRODUCTION -- 2. SORTING, EDUCATION, AND…