Albornoz, Facundo; Berlinski, Samuel G.; Cabrales, Antonio - 2016
with school system resources. The model is rich, yet sufficiently stylized to provide novel implications. It can show, for … example, that an improvement in parental outside options will reduce parental and school effort, which are partially … compensated through school resources. In this way, by incorporating the behavioral responses of parents, teachers and policymakers …