Research " CHIlD LABOR IN VIETNAM: THE RELATIVE IMPORTANCE OF POVERTY. RETURNS TO EDUCATION. LABOR MOB ILTTY. AND CREDIT CONSTRAINTS "
CHIlD LABOR IN VIETNAM: THE RELATIVE IMPORTANCE OF POVERTY. RETURNS TO EDUCATION. LABOR MOB ILTTY. AND CREDIT CONSTRAINTS A Model of Tiebout Sorting on Exogenous Community Attributes
In this section, I build a formal model of the Tiebout sorting process described
above. As my interest is in the demand side of the market under full information, I treat the
distribution of school effectiveness as exogenous and known to all market participants.18 I
demonstrate that Tiebout equilibrium must be stratified as much as the market structure
allows: Wealthy families always attend schools that are preferred to those attended by lowincome
families....