Estimating the Effects of Private School Vouchers in Multidistrict Economies

By M. Ferreyra. 2007

267 citations recorded by the source corpus.

This paper estimates a general equilibrium model of school quality and household residential and school choice for economies with multiple public school districts and private (religious and nonsectarian) schools. The estimates, obtained through full-solution methods, are used to simulate two large-scale private school voucher programs in the Chicago metropolitan area: universal vouchers and vouchers restricted to nonsectarian schools. In the simulations, both programs increase private school enrollment and affect household residential choice. Under nonsectarian vouchers, however, private school enrollment expands less than under universal vouchers, and religious school enrollment declines for large nonsectarian vouchers. Fewer households benefit from nonsectarian vouchers. (JEL H75, I21, I22)

Subfields: Economics and Econometrics, Gender Studies

View Paper: https://www.semanticscholar.org/paper/830ca3e87c57f045cb1d12b328e94121589cfe1f

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Citations in the corpus

Do 'Capitalization Effects' for Public Goods Reveal the Public's Willingness to Pay? (2014, unknown): “…Duke conference on housing market dynamics, and seminar participants at Arizona State University, Brigham Young University, Research Triangle Institute, Tufts University, University of Calgary, University of Tennessee, Utah State University, Virginia Tech, and Washington University in St. Louis.”
Field experiments in labor economics (2010, background): “efficiency gains (Epple and Romano, 1998; Ferreyra, 2007; Nechyba, 2000; Rouse, 1998; Figlio and Rouse, 2006; Hsieh and Urquiola, 2006; Epple et al., 2006; Arcidiacono, 2005).”
When Do Better Schools Raise Housing Prices? Evidence from Paris Public and Private Schools. CEE DP 119. (2010, background): “Recent papers on school vouchers (Nechyba, 2003; Ferreyra, 2007) argue that private schools act as an outside option when parents decide in which area to buy a house or a flat.”
The New Economics of Equilibrium Sorting and Policy Evaluation Using Housing Markets (2013, methodology): “4.3 The Calibrated Sorting Model (hereafter labeled as CS) Ferreyra (2007) developed a third structural estimator based on the theoretical models and calibrated simulations developed by Nechyba (1997, 1999, 2000) and emphasizes school quality.”
Endogenous open space amenities in a locational equilibrium (2007, methodology): “The second approach is based on the computable equilibrium model of Nechyba [25] and has been developed by Ferreyra [26].”
House prices and the provision of local public services: capitalization under school choice programs (2005, unknown): “, Nechyba [19,20]; Epple & Romano [10]; Ferreyra, [11]).”
A New Approach to Estimating the Production Function for Housing (2010, unknown): “Dennis Epple and Holger Sieg (1999), Dennis Epple, Thomas Romer, and Holger Sieg (2001), Holger Sieg, V. Kerry Smith, Spencer Banzhaf, and Randall Walsh (2004), Patrick Bayer, Fernando Ferreira, and Robert McMillan (2007), Maria Ferreyra (2007) and others provide ample evidence that consumers value ”
Admission, Tuition, and Financial Aid Policies in the Market for Higher Education (2006, methodology): “Alternatively, one could explore the use of parallel computing techniques as suggested, for example, by Ferreyra (2003).”
A Dynamic Model of Demand for Houses and Neighborhoods (2016, unknown): “…generally adopted a static approach.14 We introduce the dynamics of the neighborhood choice problem through two chan14See Epple and Sieg (1999), Bayer, McMillan, and Rueben (2010), Ferreyra (2007), Ekeland, Heckman, and Nesheim (2004), and Bajari and Kahn (2005) for some important recent examples.”