~marginalrevolution | Bookmarks (2)

Bryan Caplan has a good post on out-of-state tuition: [State schools] almost always charge students from their own state much lower tuition. In the most recent data, average out-of-state tuition for four-year colleges was $26,382, versus $9,212 for in-state — roughly a 3:1 ratio. I’ve argued for a long time that an enterprising lawyer ought to sue […] The post The Puzzling Law and Economics of...

Using a quantitative heterogeneous-agent model calibrated to Korea, we find that fertility would be 28% higher in the absence of the status externality and that childlessness in the poorest quintile would fall from five to less than one percent. We then explore the effects of various government policies. A pro-natal transfer or an education tax […] The post How much does status competition lower...