Economic Modeling and Analysis of Educational Vouchers

Autor/inn/en	Epple, Dennis; Romano, Richard
Titel	Economic Modeling and Analysis of Educational Vouchers
Quelle	In: Annual Review of Economics, 4 (2012), S.159-183 (25 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1941-1391
DOI	10.1146/annurev-economics-080511-110900
Schlagwörter	Educational Vouchers; Economic Factors; Educational Environment; Private Schools; Costs; Student Characteristics; Peer Influence; School Choice; Place of Residence; School Districts; Public Schools; Reputation; Incentives; Academic Achievement; Human Capital; Income; Academic Ability; Admission (School); Politics of Education + Suchen Sie Ihr Suchwort? Educational voucher; Bildungsgutschein; Ökonomischer Faktor; Lernumgebung; Pädagogische Umwelt; Schulumwelt; Private school; Privatschule; Cost; Kosten; Choice of school; Schulwahl; Wohnort; School district; Schulbezirk; Public school; Öffentliche Schule; Anreiz; Schulleistung; Humankapital; Einkommen; Educational policy; Bildungspolitik
Abstract	The analysis of educational vouchers has evolved from market-based analogies to models that incorporate distinctive features of the educational environment. These distinctive features include peer effects, scope for private school pricing and admissions based on student characteristics, the linkage of household residential and school choices in multidistrict settings, the potential for rent seeking in public and private schools, the role of school reputations, incentives for student effort, and the intergenerational dynamics of human capital accumulation. Research has also elucidated features of voucher design, including income and ability targeting, restrictions on private school pricing and admissions, and the potential for garnering political support. We review these research advances. (As Provided).
Anmerkungen	Annual Reviews. PO Box 10139, Palo Alto, CA 94303. e-mail: service@annualreviews.org; Web site: http://www.annualreviews.org/journal/economics
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01