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Keywords:education OR Education 

Working Paper
Macroeconomic implications of competitive college admissions

We present a public higher education model in which there exist indivisibilities in educational investment. Consequently, when demand for educational services exceed supply, a screening mechanism, which may potentially be imperfect, is required to choose the student body. We demonstrate how distortions or biases in screening--caused by parental factors--interact with the distribution of income to help explain the considerable differences across countries in the share of resources devoted to public higher education. Moderate degrees of admission bias lower the share of resources devoted to ...
International Finance Discussion Papers , Paper 613

Speech
Early Childhood Development and Economic Growth

Early childhood development may seem like an odd topic for a Federal Reserve Bank president.1 The public policy responsibility for which the Fed is best known is the nation’s monetary policy – a macroeconomic subject that would seem to stand in sharp contrast to the more microeconomic focus of Governor Kaine’s summit today. But as a regional Reserve Bank in a federated central banking system like the Fed, we spend a good deal of time trying to understand the economies that make up our District, which, as you may know, includes Maryland, Washington, D.C., Virginia, West Virginia and the ...
Speech

Speech
An Economic Outlook - The Wharton School

I can?t formulate education policy, or allocate funds, or even make my own children study what I want them to ? although, of course, I?m immensely proud of them and they?ve made excellent choices without listening to me. But I can point to the research and what the data say. Changing our approach to how we invest in education and training won?t take care of the entire student debt issue, but it can help those who are disproportionately affected by it.
Speech , Paper 137

Journal Article
Sheepskin blues

Regional Review , Issue Jun , Pages 13-19

Speech
Remarks at Conference on Successful Strategies for Financial Literacy and Education

Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago Federal Reserve Bank of Chicago Chicago, IL
Speech , Paper 33

Journal Article
School accountability and student performance - commentary

Regional Economic Development , Issue Mar , Pages 66-67

Journal Article
The ABCs of ECD

Conference explores the latest research on the economics of early childhood development
The Region , Volume 17 , Issue Dec , Pages 20-24

Journal Article
The Post-9/11 GI Bill

Fewer veterans are using their education benefits. Is this trend a problem — or a sign of a more welcoming job market?
Econ Focus , Issue 2Q , Pages 4-8

Working Paper
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium

We incorporate race into an overlapping-generations spatial-equilibrium model with neighborhood spillovers. Race matters in two ways: (i) the Black-White wage gap and (ii) homophily—the preferences of individuals over the racial composition of their neighborhood. We find that these two forces generate a Black-White college gap of 22 percentage points, explaining about 80% of the college gap in the data for the St. Louis metro area. Counterfactual exercises show that the wage gap and homophily explain 7 and 18 percentage points of the college gap, respectively. A policy of equalizing school ...
Working Papers , Paper 2022-036

Journal Article
Teaching economics

Regional Review , Issue Sum , Pages 5

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