Three Essays in Public Economics

Three Essays in Public Economics

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The third chapter, written with Alexandra Resch and Paul Courant, studies how a social planner should allocate students and resources throughout a higher education system. We posit a distribution of student ability and a limited pool of resources and demonstrate the optimal rules for establishing, populating and funding universities. If student ability and school resources are complements, and if there is a fixed cost to establishing a school, then the optimal allocation will involve a tiered system of higher education that sorts students by ability. In contrast to previous research, we show this tiered system is optimal even in the absence of peer effects.The credit is unchanged in the quarter in which the 60, 000th vehicle is sold and in the next quarter. ... A Prius purchased on or before December 31, 2005 was eligible for a $2, 000 deduction (worth at least $500 for households in a middleanbsp;...

Title:Three Essays in Public Economics
Publisher:ProQuest - 2008


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