Describes an econometric modeling of the labor market for teachers in an "administered" market setting in which the government partially controls the main determinants of demand and is very influential in setting teachers' wages. Reviews relevant econometric literature and shows market forces' crucial role. Discusses economic policy…

Reviews school-choice literature, highlighting empirical studies and the role of evaluation. Discusses the welfare economics of education and provides a chronology of research milestones. Summarizes "pro" and "con" arguments, addresses efficiency/productivity questions, reviews prominent U.S. cases, and discusses how evaluation studies can assess…