search query: @freeterm vouchers / total: 3
reference: 2 / 3
| Author: | Caucutt, E. M. |
| Title: | Educational vouchers when there are peer group effects - size matters |
| Journal: | International Economic Review
2002 : FEB, VOL. 43:1, p. 195-222 |
| Index terms: | Payment systems Education |
| Freeterms: | Vouchers |
| Language: | eng |
| Abstract: | The author studies the effects various educational voucher policies have on the sorting of children across schools and the per-student expenditure levels at these schools, when a child's peer group matters and student differ over income and ability. She finds that, depending on the magnitude of the voucher, switching from a public system to a voucher system could entail either welfare gains or losses. A voucher policies under consideration lead to greater inequality than the public system, however, these increases are not monotone in the voucher size. |
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