@TechReport{iza:izadps:dp10506,
            	author={Avitabile, Ciro and Bobba, Matteo and Pariguana, Marco},
            	title={High School Track Choice and Liquidity Constraints: Evidence from Urban Mexico},
            	year={2017},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={10506},
            	url={https://www.iza.org/publications/dp10506},
	abstract={We study how a large household windfall affects sorting of relatively disadvantaged youth over high school tracks by exploiting the discontinuity in the assignment of a welfare program in Mexico. The in-cash transfer is found to significantly increase the probability of selecting vocational schools as the most preferred options vis-a-vis other more academically oriented education modalities. We find support for the hypothesis that the transfer relaxes the liquidity constraints preventing relatively poor students from choosing a schooling career with higher out-of-pocket expenditures and higher expected returns. The observed change in stated preferences across tracks effectively alters school placement, and bears a positive effect on on-time graduation.},
	keywords={school choice;tracking;financial constraints;vocational education;returns to education;regression discontinuity design},
            }