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Patterns and Implications of Ability Tracking: Evidence from Texas Public Schools
A Quantitative Theory of Domestic Outsourcing: The Role of Wage-Proportional Staffing Fees
Robots and Workers
Profits of Prejudiced Algorithms
Decomposing the Parental Education Gradient in Health: Lessons from a Large Sample of Adoptees
Strategic Wage Posting, Market Power, and Mismatch
College Networks: The Importance of Employer Connections
Instrumental Variables with Unordered Treatments: Theory and Evidence from Returns to Fields of Study
University Loans and Grants: Effects on Educational and Labor Market Outcomes
This study examines the long-term effects of student loans and grants in Chile through a regression discontinuity design. It finds that university loans significantly boost degree completion, especially among women and low-income students, with marginal positive effects on employment and earnings for women. Vocational loans benefit only those ineligible for university loans. Conversely, grants, alongside loans, do not affect education or labor market outcomes. The limited impact of the tuition reductions induced by grants, combined with the substantial gains for low-income students, highlights the presence of credit constraints.