Search results
The direction and magnitude of vouchers’ income effects on demand are a function of the relative income and price elasticities of beneficiaries and others. In cases where a voucher increases demand, its price effects depend on supply elasticity, which tends to be greater in the long-run than the short-run.
- 277KB
- David F Bradford, David F Bradford, David F Bradford, Daniel N Shaviro
- 67
- 1999
Aug 16, 2009 · define a voucher to be a government-supplied coupon that is used to offset tuition at an eligible private school.1 Programs that distribute such vouchers exhibit variation in dimensions including who is eligible to receive them, their source of funding, and the criteria for private school participation.
- 293KB
- Dennis Epple, Richard E. Romano, Miguel Urquiola
- 73
- 2017
Apr 1, 1999 · The Economics of Vouchers. D. Bradford, Daniel N. Shaviro. Published 1 April 1999. Economics. Public Economics eJournal. This paper aims to provide a swift tour of the economic issues presented by vouchers and thus to fill an apparent gap in the literature for a basic survey of the subject. Among the issues it considers are: factors determining ...
A proper quality. oor in conjunction with a cash. transfer like a voucher raises quality due to a positive income e ect and a distortion. forced on the consumer, and thus for proper quality. oors, like for proper vouchers, the marginal rate of substitution is smaller than the marginal rate of transformation.
a) The voucher system would cover the full operating cost of education, thereby encouraging the expansion of a diversity of nonpublic schools. b) The vouchers for disadvantaged children would be worth more than those for middle- and upper-income families, which would facilitate the admission of the disadvantaged to preferred private schools.
Jun 1, 2017 · Abstract and Figures. We review the theoretical, computational, and empirical research on school vouchers, with a focus on the latter. Our assessment is that the evidence to date is not sufficient ...
People also ask
How do vouchers work?
How does a voucher program differ from a non-voucher program?
How does a voucher program affect a school market?
What is a private school voucher?
Can a voucher school choose a non-voucher student?
How does a universal voucher affect public school effort?
the voucher, the ability of private schools to charge add-on payments be-yond the voucher amount, and the relation between the voucher and stu-dent attributes (e.g., larger vouchers for less privileged students). Some of these issues are addressed—to the extent that evidence permits—later in the article. Methodological Issues
