Estimating the Effects of Private School Vouchers in Multi-District Economies
AbstractThis paper estimates a general equilibrium model of school quality and household residential and school choice for economies with multiple public school districts and private (religious and non-sectarian) schools. The estimates, obtained through full-solution methods, are used to simulate two large-scale private school voucher programs in the Chicago metropolitan area: universal vouchers and vouchers restricted to non-sectarian schools. In the simulations, both programs increase private school enrollment and affect household residential choice. However, under non-sectarian vouchers private school enrollment expands less than under universal vouchers and religious school enrollment declines for large vouchers. Fewer households benefit from non-sectarian vouchers.
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Bibliographic InfoPaper provided by Carnegie Mellon University, Tepper School of Business in its series GSIA Working Papers with number 2003-E24.
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Postal: Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213-3890
Web page: http://www.tepper.cmu.edu/
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-12-12 (All new papers)
- NEP-CMP-2004-12-12 (Computational Economics)
- NEP-URE-2005-01-14 (Urban & Real Estate Economics)
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