https://scholars.lib.ntu.edu.tw/handle/123456789/323182
標題: | A note on the impact of voucher programs when there are nonlinear peer group effects | 作者: | HUNG-JU CHEN | 關鍵字: | Growth; Income Inequality; Peer Group Effects; Voucher Programs | 公開日期: | 2006 | 卷: | 10 | 期: | 5 | 起(迄)頁: | 685-698 | 來源出版物: | Macroeconomic Dynamics | 摘要: | This study constructs a dynamic model of the coexistence of public and private schools to study the impact of voucher programs when there are nonlinear peer group effects. The government provides public schools as well as tuition vouchers for households attending private schools. School quality depends on expenditure per student and peer quality within the school. When peer quality is nonlinear, more agents will choose public schools if peer quality is more substitutable, whereas more agents will attend private schools if peer quality is more complementary. We find that vouchers will typically create a "cream skimming" effect and the impact of voucher programs on economic performance is sensitive to the way in which peer interactions affect school quality. © 2006 Cambridge University Press. |
URI: | http://www.scopus.com/inward/record.url?eid=2-s2.0-33947282071&partnerID=MN8TOARS http://scholars.lib.ntu.edu.tw/handle/123456789/323182 |
DOI: | 10.1017/S1365100506050371 |
顯示於: | 經濟學系 |
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