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For comments and suggestions, we thank Olivier Blanchard, Markus Brunnermeier, John Campbell,
Martin Feldstein, and participants at the NBER Asset Pricing and Monetary Policy Pre-Conference
in Novem...
The Elite Illusion: Achievement Effects at Boston and New York Exam Schools
Peer effects school choice deferred acceptance selective education
2014/9/10
Parents gauge school quality in part by the level of student achievement and a
school抯 racial and socioeconomic mix. The importance of school characteristics in the
housing market can be seen in the...
Discussion of Qian, Reinhart, and Rogoff’s “On Graduation from Default, Inflation and Banking Crises: Ellusive or Illusion”
Default Infl ation Banking Crises Ellusive Illusion
2014/3/12
Qian et al. (2010) (henceforth QRR) have assembled an impressively rich data set on external default, banking, and monetary crises. This paper is part of an ambitious project on placing crises in the ...