Mobility, Targeting, and Private-School Vouchers
American Economic Review · 2000 · Volume 90 · Issue 1
Abstract
This paper uses general-equilibrium simulations to explore the role of residential mobility in shaping the impact of different private-school voucher policies. The simulations are derived from a three-district model of low-, middle-, and high-income school districts (calibrated to New York data) with housing stocks that vary within and across districts. In this model, it is demonstrated that school-district targeted vouchers are similar in their impact to non targeted vouchers but vastly different from vouchers targeted to low-income households. Furthermore, strong migration effects are shown to significantly improve the likely equity consequences of voucher programs.
Keywords
Educational Finance, Education: Government Policy, State and Local Government, Intergovernmental Relations: Interjurisdictional Differentials and Their Effects
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