This research examines the effect of accountability threats for low performing schools on resource allocation decisions and provides evidence that schools act with strategic behavior only when the accountability pressure is high. We used a generalization of a traditional regression discontinuity...

In an effort to boost student achievement and reduce income-based gaps, the Chilean government passed the Preferential School Subsidy Law (SEP) in 2008, which altered the nation's 27-year-old universal school-voucher system dramatically. Implementation of SEP increased the value of the school...