Educational Standards in Private and Public Schools

Giorgio Brunello and Lorenzo Rocco

Economic Journal, 2008, vol. 118, issue 533, 1866-1887

Abstract: 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. Copyright © The Author(s). Journal compilation © Royal Economic Society 2008.

Date: 2008
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Journal Article: Educational Standards in Private and Public Schools (2008)
Working Paper: Educational standards in private and public schools (2007)
Working Paper: Educational Standards in Private and Public Schools (2005)
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