TY - JOUR

T1 - Educational standards in private and public schools

AU - Brunello, Giorgio

AU - Rocco, Lorenzo

PY - 2008/11

Y1 - 2008/11

N2 - 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.

AB - 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.

U2 - 10.1111/j.1468-0297.2008.02194.x

DO - 10.1111/j.1468-0297.2008.02194.x

M3 - Journal article

VL - 118

SP - 1866

EP - 1887

JO - Economic Journal

JF - Economic Journal

SN - 0013-0133

IS - 533

ER -