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Illusory Gains from Chile's Targeted School Voucher Experiment

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  • Benjamin Feigenberg
  • Rui Yan
  • Steven Rivkin

Abstract

Chile implemented a targeted voucher programme in 2008 that increased funding for disadvantaged students at public and participating private schools by approximately 50%. This reform would be expected to raise average achievement in participating schools and to reduce the achievement gap related to socioeconomic status, and disadvantaged students did make fourth-grade test-score gains exceeding 0.2 standard deviations that other studies have attributed to the programme. However, we find only small increases in resources and school-switching and little evidence of competition-driven improvement, but a closing of the parental education and income gaps, raising doubts that the programme accounts for much of this convergence.

Suggested Citation

  • Benjamin Feigenberg & Rui Yan & Steven Rivkin, 2019. "Illusory Gains from Chile's Targeted School Voucher Experiment," The Economic Journal, Royal Economic Society, vol. 129(623), pages 2805-2832.
    • Handle: RePEc:oup:econjl:v:129:y:2019:i:623:p:2805-2832.
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    File URL: http://hdl.handle.net/10.1093/ej/uez023
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    Cited by:

    1. Manon Garrouste & Miren Lafourcade, 2022. "Place-Based Policies: Opportunity for Deprived Schools or Zone-and-Shame Effect?," Post-Print hal-04329793, HAL.
    2. Benjamin Feigenberg, 2021. "Priced Out: Aggregate Income Shocks And School Pricing In The Chilean Voucher Market," Economic Inquiry, Western Economic Association International, vol. 59(2), pages 696-721, April.

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