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Now that the U.S. Supreme Court has declared school voucher programs constitutional, the many unanswered questions … concerning the potential effects of school choice will become especially pressing. Contributors to this volume draw on state …-of-the-art economic methods to answer some of these questions, investigating the ways in which school choice affects a wide range of …
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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 …
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Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD countries the price of schooling has increased faster in...
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As school choice is an increasingly common feature of OECD education systems, the regulation of publicly funded private … suggests that private school regulation can make an important contribution to the equity and effectiveness of school choice …
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