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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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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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