Majority Choice of an Income-Targeted Educational Voucher

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2018
Volume: 10
Issue: 4
Pages: 289-325

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A model of majority choice of voucher characteristics with quantitative counterpart explains observed income eligibility requirements for educational vouchers. Households differ by income and preference for religious schooling. They elect a policy maker who chooses public school expenditure, a voucher, a maximum income for voucher eligibility, and a tax to finance public expenditure. Equilibrium has a voucher below per student public expenditure, an eligibility threshold near 300 percent of the poverty level, and a majority in public school though with substantial voucher usage, all properties typical of U.S. voucher programs. Disallowing a voucher leads to higher per student public expenditure.

Technical Details

RePEc Handle
repec:aea:aejmic:v:10:y:2018:i:4:p:289-325
Journal Field
General
Author Count
3
Added to Database
2026-01-25