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Chakrabarti, Rajashri – Federal Reserve Bank of New York, 2008
This paper examines the impact of vouchers in general and voucher design in particular on public school performance. It argues that all voucher programs are not created equal. There are often fundamental differences in voucher designs that affect public school incentives differently and induce different responses from them. It analyzes two voucher…
Descriptors: Public Schools, Program Effectiveness, Educational Vouchers, School Effectiveness