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Educational standards in private and public schools

Giorgio Brunello and Lorenzo Rocco

No 43, "Marco Fanno" Working Papers from Dipartimento di Scienze Economiche "Marco Fanno"

Abstract: ?When school quality increases with the educational standard set by schools, education before college needs not be a hierarchy with private schools offering better quality than public schools. 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 public schools excessively demanding. With the key parameters calibrated for the US and Italy, 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. An equilibrium with low quality private schools is supported instead in Italy.

Keywords: ??private schools; public schools; majority voting (search for similar items in EconPapers)
JEL-codes: H42 J24 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2007-09
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Educational Standards in Private and Public Schools (2008)
Journal Article: Educational Standards in Private and Public Schools (2008) Downloads
Working Paper: Educational Standards in Private and Public Schools (2005) Downloads
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