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Choosing between School Systems: The Risk of Failure

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  • Volker Meier

Abstract

Hierarchical and comprehensive school systems are compared with respect to efficiency, where the possibility of failure at school is highlighted. At given ability, a student's probability of not completing school rises with increasing mean ability in class. The two kinds of school systems can yield identical average failure rates. Given that output losses in case of failure are stronger for more talented students, the comprehensive school system tends to lead to a higher total income.

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Bibliographic Info

Article provided by Mohr Siebeck, Tübingen in its journal FinanzArchiv.

Volume (Year): 60 (2004)
Issue (Month): 1 (April)
Pages: 83-

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Handle: RePEc:mhr:finarc:urn:sici:0015-2218(200404)60:1_83:cbsstr_2.0.tx_2-g

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Keywords: educational economics; human capital resource allocation; school choice;

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Cited by:
  1. Gerald Eisenkopf & Ansgar Wohlschlegel, 2011. "Regulation in the Market for Education and Optimal Choice of Curriculum," Working Paper Series of the Department of Economics, University of Konstanz 2011-16, Department of Economics, University of Konstanz.
  2. Entorf, Horst & Lauk, Martina, 2006. "Peer Effects, Social Multipliers and Migrants at School: An International Comparison," IZA Discussion Papers 2182, Institute for the Study of Labor (IZA).
  3. Gerald Eisenkopf, 2005. "Ability grouping and incentives," Working Papers of the Research Group Heterogenous Labor 05-10, Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim.
  4. Eric A. Hanushek & Ludger Wößmann, 2005. "Does Education Tracking Affect Performance and Inequality? Differences-In-Differences Evidence Across Countries," Discussion Papers 04-027, Stanford Institute for Economic Policy Research.
  5. Kemnitz, Alexander, 2007. "University Funding Reform, Competition and Teaching Quality," Dresden Discussion Paper Series in Economics 01/07, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
  6. Entorf, Horst & Lauk, Martina, 2007. "Peer effects, social multipliers and migrants at school: An international comparison," Center for European, Governance and Economic Development Research Discussion Papers 57, University of Goettingen, Department of Economics.
  7. Maurizio Iacopetta, 2010. "Human Capital Dispersion and Incentives to Innovate," Documents de Travail de l'OFCE 2010-32, Observatoire Francais des Conjonctures Economiques (OFCE).
  8. Volker Meier & Gabriela Schütz, 2007. "The Economics of Tracking and Non-Tracking," Ifo Working Paper Series Ifo Working Papers No. 50, Ifo Institute for Economic Research at the University of Munich.
  9. Gerald Eisenkopf, 2008. "Student Selection and Incentives," TWI Research Paper Series 42, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
  10. Entorf, Horst & Lauk, Martina, 2006. "Peer effects, social multipliers and migration at school: An international comparison," HWWI Research Papers 3-3, Hamburg Institute of International Economics (HWWI).

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