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Abstract

Colombia's PACES program provided over 125,000 poor children with vouchers that covered half the cost of private secondary school. The vouchers were renewable annually conditional on adequate academic progress. Since many vouchers were assigned by lottery, program effects can reliably be assessed by comparing lottery winners and losers. Estimates using administrative records suggest the PACES program increased secondary school completion rates by 15-20 percent. Correcting for the greater percentage of lottery winners taking college admissions tests, the program increased test scores by two-tenths of a standard deviation in the distribution of potential test scores. Boys, who have lower scores than girls in this population, show larger test score gains, especially in math.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 10713.

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Date of creation: Aug 2004
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Handle: RePEc:nbr:nberwo:10713

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Find related papers by JEL classification:

• I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
• J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

This paper has been announced in the following NEP Reports:

• NEP-ALL-2004-09-30 (All new papers)
• NEP-URE-2004-09-30 (Urban & Real Estate Economics)

References

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1. Krueger, Alan B. & Zhu, Pei, 2002. "Another Look at the New York City School Voucher Experiment," IZA Discussion Papers 663, Institute for the Study of Labor (IZA).
   
   • Alan B. Krueger & Pei Zhu, 2003. "Another Look at the New York City School Voucher Experiment," NBER Working Papers 9418, National Bureau of Economic Research, Inc.
   • Alan Krueger & Pei Zhu, 2002. "Another Look at the New York City School Voucher Experiment," Working Papers 849, Princeton University, Department of Economics, Industrial Relations Section..
2. Angrist, J.D., 1996. "Conditional Independance in Sample Selection Models," Working papers 96-27, Massachusetts Institute of Technology (MIT), Department of Economics.
   
   • Angrist, Joshua D., 1997. "Conditional independence in sample selection models," Economics Letters, Elsevier, vol. 54(2), pages 103-112, February.
3. Kremer, Michael R. & Miguel, Edward & Thornton, Rebecca, 2009. "Incentives to Learn," Scholarly Articles 3716457, Harvard University Department of Economics.
   
   • Michael Kremer & Edward Miguel & Rebecca Thornton, 2009. "Incentives to Learn," The Review of Economics and Statistics, MIT Press, vol. 91(3), pages 437-456, August.
   • Kremer, Michael Robert & Miguel, Edward A. & Thorton, Rebecca L, 2004. "Incentives to Learn," Center for International and Development Economics Research, Working Paper Series qt9kc4p47q, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
   • Michael Kremer & Edward Miguel & Rebecca Thornton, 2004. "Incentives to Learn," NBER Working Papers 10971, National Bureau of Economic Research, Inc.
   • Kremer, Michael & Miguel, Edward & Thornton, Rebecca & Ozier, Owen, 2005. "Incentives to learn," Policy Research Working Paper Series 3546, The World Bank.
   • Michael Kremer & Edward Miguel & Rebecca Thornton, 2004. "Incentives to learn," Natural Field Experiments 00289, The Field Experiments Website.
4. David S. Lee, 2002. "Trimming for Bounds on Treatment Effects with Missing Outcomes," NBER Technical Working Papers 0277, National Bureau of Economic Research, Inc.
5. Dynarski, Susan, 2002. "The Consequences of Merit Aid," Working Paper Series rwp02-051, Harvard University, John F. Kennedy School of Government.
   
   • Susan Dynarski, 2002. "The Consequences of Merit Aid," NBER Working Papers 9400, National Bureau of Economic Research, Inc.
6. Christopher M. Cornwell & David B. Mustard & Deepa Sridhar, 2005. "The Enrollment Effects of Merit-Based Financial Aid: Evidence from Georgia's HOPE Scholarship," HEW 0501002, EconWPA.

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1. Brian Hayes on Irish Education Policy
   by Martin Ryan in Geary Behaviour Centre on 2010-11-08 16:52:00

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