Public Education, communities and vouchers

1Citations
Citations of this article
4Readers
Mendeley users who have this article in their library.
Get full text

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. © 2002 Board of Trustees of the University of Illinois. All rights reserved.

Cite

CITATION STYLE

APA

Luengo-Prado, M. J., & Volij, O. (2003). Public Education, communities and vouchers. Quarterly Review of Economics and Finance, 43(1), 51–73. https://doi.org/10.1016/S1062-9769(02)00152-7

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free