Public Education, communities and vouchers

María José Luengo-Prado, Oscar Volij

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

This paper examines the effects of school vouchers on the equilibrium of a simple two-community model with local provision of education. Individuals differ only in income and one community imposes a fixed cost on its residents. We show that the introduction of a simple voucher system can result in a Pareto improvement as an equilibrium phenomenon. This improvement brings higher education quality to both communities.

Original languageEnglish
Pages (from-to)51-73
Number of pages23
JournalQuarterly Review of Economics and Finance
Volume43
Issue number1
DOIs
StatePublished - 1 Mar 2003
Externally publishedYes

Keywords

  • Communities
  • Public education
  • Tiebout
  • Vouchers

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