We study a society with a continuum of families, segregated in neighborhoods perfectly by income. There is a deterministic, non-linear relationship between years of education attained in youth and earnings in adult life.

The main conlusion to be drawen from this paper's review of the brain drain data i sthat the 1990s movements of educated Canadians to the United States are surprisingly small, when viewed relative to past movements of educated Canadians to the United States, current perceptions, and past and...

Several recent papers on the political economy of growth have argued that increased skewness in the distribution of wealth/income induces slower growth. In the present model, investment, viewed as education, comes from two sources : a public component, financed by taxes and equally distributed...