The educational voucher system builds on the pillars of informed choice and competition to improve the quality of the education provided. This document summarizes some of the results of recent literature on the subject, and discusses their public policy implications.

This paper discusses the potential contribution of employing school effectiveness methodological approach within the ongoing research debate on school choice issues. Using the first approach, we estimate the effectiveness of a sample of Chilean schools after controlling by a baseline at the...

This study addresses the phenomenon of permanence for long years of low performance (urban) schools, measured by SIMCE. We also analyze mobility of students to other schools of same or better quality. The results show that student's mobility rates in these schools is almost 11%. Almost 30% of...

The previously successful British merchant houses on the west coast of South America faced significant problems between the two world wars. Earlier historians have referred to difficulties such as the volatility of commodity prices, the organisation and structure of the firms, and changes in...