Arbeitspapier
Educational standards in private and public schools
We show that, when school quality is measured by the educational standard and attaining the standard requires costly effort, secondary education needs not be a hierarchy with private schools offering better quality than public schools, as in Epple and Romano, 1998. An alternative configuration, with public schools offering a higher educational standard than private schools, is also possible, in spite of the fact that tuition levied by private schools is strictly positive. In our model, private schools can offer a lower educational standard at a positive price because they attract students with a relatively high cost of effort, who would find the high standards of the public school excessively demanding. With the key parameters calibrated on the available micro-econometric evidence from the US, our model predicts that majority voting in the US supports a system with high quality private schools and low quality public schools, as assumed by Epple and Romano, 1998. This system, however, is not the one that would be selected by the social planner, who prefers high quality public schools combined with low quality private schools.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1418
- Klassifikation
-
Wirtschaft
Publicly Provided Private Goods
Human Capital; Skills; Occupational Choice; Labor Productivity
- Thema
-
private schools
public schools
majority voting
Bildungsniveau
Privatschule
Schule
Bildungsverhalten
Schulpolitik
Wahlsystem
Theorie
Vereinigte Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brunello, Giorgio
Rocco, Lorenzo
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brunello, Giorgio
- Rocco, Lorenzo
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2005