Tag

voucher_design

2 cards

Economics (general)Expert Theory
Ideological Externality Risk in Choice Markets
Identifies ideological polarization and radical instruction as distinct negative externality channels in voucher markets that operate independently of peer sorting and school capacity constraints.
Economics (general)Observational Study
Partial-Coverage Co-Payment Funding
Inflation reduced public voucher coverage from initial full tuition to 56% of average private school tuition by 1998, requiring low-income target families (strata 1 and 2) to make up the remaining 44% in co-payments while maintaining a 15 to 17 percentage point increase in private school enrollment.