Educational standards in private and public schools

Brunello, Giorgio and Rocco, Lorenzo (2008) Educational standards in private and public schools. Economic Journal, 118 (533). pp. 1866-1887. ISSN 0013-0133

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When school quality increases with the educational standard set by schools, education before college need not be a hierarchy with private schools offering better quality than public schools. 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 public schools excessively demanding. We estimate the key parameters of the model and show that majority voting supports a system where private schools have higher quality in the US and public schools have higher quality in Italy.

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Journal Article
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Economic Journal
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28 Oct 2013 09:43
Last Modified:
22 Nov 2022 00:23