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We investigate decision-making and the potential for social learning among school administrators in the market for … school reform consulting services. Specifically, we estimate whether public schools are more likely to choose given … Comprehensive School Reform service providers if their "peer" schools--defined by common governance or geography--have performed …
Persistent link: https://www.econbiz.de/10013104722
individuals go to school and accumulate skill valued in a perfectly competitive labor market. To this it adds one ingredient …: school reputation in the spirit of Holmstrom (1982). The first result is that if schools cannot select students based upon …
Persistent link: https://www.econbiz.de/10013158508
public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …
Persistent link: https://www.econbiz.de/10012776201
An important element in considering school finance policies is that households are not passive. Instead they respond to … residential location and community choice, households base optimizing decisions on commuting costs, school quality, and land rents … income and tastes for schools. This model is used to analyze a series of conventional policy experiments, including school …
Persistent link: https://www.econbiz.de/10012777390
The Indeterminacy School in Macroeconomics exploits the fact that macroeconomic models often display multiple … Indeterminacy School has been used to explain volatility in financial markets. The second phase of the Indeterminacy School has been … used to explain periods of high persistent unemployment. The two phases of the Indeterminacy School provide a microeconomic …
Persistent link: https://www.econbiz.de/10012869650
This paper provides the first evidence that value-added education accountability schemes induce dynamic distortions. Extending earlier dynamic moral hazard models, I propose a new test for ratchet effects, showing that classroom inputs are distorted less when schools face a shorter horizon over...
Persistent link: https://www.econbiz.de/10013058252
We review the theoretical, computational, and empirical research on school vouchers, with a focus on the latter. In …
Persistent link: https://www.econbiz.de/10013016015
Public school choice programs give households a free choice of public school and provide schools incentives to compete … schools, since households' perceptions of school quality depend not only on the efforts of school personnel but also on the … analyzing an economic model of public school choice. To capture the pro-choice argument, the model assumes that a neighborhood …
Persistent link: https://www.econbiz.de/10013043612
that would inject private-school competition and increase technical efficiencies without cream skimming. Conditioning …. However, by adding conditions like tuition constraints such as vouchers can reap the benefits of school competition without …
Persistent link: https://www.econbiz.de/10013218400
To study the effects of ability grouping on school competition, we develop a theoretical and computational model of …
Persistent link: https://www.econbiz.de/10013223055