This dissertation consists of two chapters, both of which study the wealth inequality using heterogenous agent general equilibrium model. In particular, the first chapter focuses on a government policy and its implications on wealth inequality. The second chapter incorporates cost to high return assets to generate realistic wealth mobility in the…

With the economic halt precipitated by the COVID-19 virus, states are starting to prepare for and beginning to address the budgetary squeeze that is sure to come absent of massive federal stimulus dollars. At the end of March, New York State was the first state to come out with a post-COVID-19 state budget (the Legislative Budget). In early April,…

Nationally, the demand for charter schools is high, yet access to affordable school facilities is a continued barrier to the growth of the charter sector. This paper, produced by the National Charter School Resource Center (NCSRC) in partnership with the Colorado League of Charter Schools (CLCS) and Momentum Strategies & Research, addresses…

Only 60 percent of students in post-secondary education in the United States graduate within six years of enrollment. Some minority and disadvantaged students graduate at significantly lower rates. As Congress considers reauthorizing the Higher Education Act, some consideration is being given to promoting greater use of evidence-based programs and…

This mixed-method multiple case study investigated nine elementary schools. Six "odds-beating schools," which serve relatively high numbers of economically disadvantaged children, achieved higher than predicted performance on state assessments when compared with three typically performing schools. The overarching research question…

Many districts and states have begun implementing incentives to attract high-performing teachers to low-performing schools. Previous research has found that these incentives are effective. However, effects on the schools and students these teachers leave behind has not been examined. This study focuses on the general equilibrium effects of…

The persistently low college enrollment and completion rates of youth from poor families are partly attributable to their uncertainty about whether college is affordable. In the current system, concrete information about college costs arrives at the end of high school and is only available to those who complete a complex application. Evidence…

Student parents face many challenges to accessing, persisting, and completing postsecondary education. While some of these challenges are unique to student parents--such as finding quality child care during class and work hours and juggling studying and academic assignments with parenting duties--others are typical of low-income and underserved…

As Congress moves to reauthorize the Elementary and Secondary Education Act, or ESEA, it should authorize a program to provide comprehensive services that create the conditions for students to learn in the classroom. These "wraparound" support services range from primary health and dental care to family engagement strategies. For many…

Gaining Early Awareness and Readiness for Undergraduate Programs, or GEAR UP, is a federally-funded system of grants that focuses on preparing low-income students to enter and succeed in postsecondary educational programs. GEAR UP grants extend across 6 school years and require that funded districts begin providing grant services to students no…

Gaining Early Awareness and Readiness for Undergraduate Programs, or GEAR UP, is a federally-funded system of grants that focuses on preparing low-income students to enter and succeed in postsecondary educational programs. GEAR UP grants extend across 6 school years and require that funded districts begin providing grant services to students no…

The Department of Education is vitally interested in whether the financial incentives provided by the grants affect student behavior. That is, will the Academic Competitiveness Grant (ACGs) induce more economically disadvantaged high school students to complete a rigorous high school program and enroll and succeed in postsecondary education? Will…

The federal Gaining Early Awareness and Readiness for Undergraduate Programs, or GEAR UP, project strives to equalize low-income students' access to higher education by increasing their participation in rigorous coursework, providing expanded opportunities for low-income students and parents to learn about postsecondary educational opportunities…

A federal program that provides housing vouchers to help poor families move out of high-poverty neighborhoods appears to be having little impact so far on children's academic achievement, a new report finds. Four to seven years after leaving their old neighborhoods, the study found, children who took part in the program were doing no better in…

Since Title I funds are distributed on the basis of poverty, the key to the fair allocation of such funds is a fair definition of poverty. In this speech, a Congressman describes how his proposed formula for distributing federal funds for educationally deprived children would mean more help for all these children across the country, including…