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On the Political Economy of Educational Vouchers. NBER Working Paper No. 17986
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Epple, Dennis N.; Romano, Richard – National Bureau of Economic Research, 2012
Two significant challenges hamper analyses of collective choice of educational vouchers. One is the multi-dimensional choice set arising from the interdependence of the voucher, public education spending, and taxation. The other is that household preferences between public and private schooling vary with the policy chosen. Even absent a voucher,…
Descriptors: Private Education, Public Schools, Private Schools, Income