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John Z. Smith Jr.

Private school choice and the returns to private schooling

Publication Date
1996-June-01
Document Type
Department or Program
Abstract

This paper analyzes the magnitude of earnings differentials and differences in the rates of return to education for individuals who attended private and public high schools in the U.S. from 1976 to 1983, controlling for self-selection into school sector, as...

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Share-price reaction to supervisory goodwill litigation: The Cal Fed case

Publication Date
2000-February-01
Document Type
Department or Program
Abstract

More than 100 savings and loans are currently involved in supervisory goodwill litigation against the federal government, with total claims approach fifty billion dollars. These claims arise from a provision in the 1989 Financial Institutions Reform Recovery and Enforcement Act...

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The determinants of private high school attendance

Publication Date
1996-May-01
Document Type
Department or Program
Abstract

This paper develops a model of private school choice that incorporates measures of the availability and costs of private schooling, as well as the quality of existing public schools, in the local market for secondary education. Using data from the...

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The determinants of private school attendance

Publication Date
1996-May-01
Document Type
Department or Program
Abstract

This paper develops a model of private school choice that incorporates measures of the availability and costs of private schooling, as well as the quality of existing public schools, in the local market for secondary education. Using data from the...

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Wealth effects of supervisory goodwill litigation: A portfolio approach

Publication Date
2000-March-18
Document Type
Department or Program
Abstract

Using a unique set of publicly-traded litigation certificates, we measure the wealth effects of (largely) unanticipated damage awards in the ongoing supervisory goodwill litigation between thrifts and the federal government. Estimating abnormal returns for portfolios of litigation certificates and retained...

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