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Persistent link: https://www.econbiz.de/10009380069
We study a model of endogenous means testing where households differ in their income and where the in-kind transfer received by each household declines with income. Majority voting determines the two dimensions of public policy: the size of the welfare program and the means-testing rate. We...
Persistent link: https://www.econbiz.de/10011911552
We examine quantitatively why uniform vouchers have repeatedly su¤ered electoral defeats against the current system where public and private schools coexist. We argue that the topping-up option available under uniform vouchers is not sufficiently valuable for the poorer households to prefer the...
Persistent link: https://www.econbiz.de/10004969850