This paper uses computable general equilibrium simulations to investigate the effect of private school vouchers. It improves on past computational approaches by (i) endogenizing the funding of public schools through the modelling of an explicit political process at the school district level;...

This paper uses computable general equilibrium simulations to investigate the effect of private school vouchers. It improves on past computational approaches by (i) endogenizing the funding of public schools through the modelling of an explicit political process at the school district level;...

Any system of primary and secondary schools involves explicit or implicit mechanisms that ration not only financial but also nonfinancial inputs into education production. This chapter focuses primarily on such mechanisms as they relate to the sorting of parents and children into schools and...