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Mobility, Targeting, and Private-School Vouchers

Thomas J. Nechyba
The American Economic Review
Vol. 90, No. 1 (Mar., 2000), pp. 130-146
Stable URL: http://www.jstor.org/stable/117284
Page Count: 17
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Mobility, Targeting, and Private-School Vouchers
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Abstract

This paper uses general-equilibrium simulations to explore the role of residential mobility in shaping the impact of different private-school voucher policies. The simulations are derived from a three-district model of low-, middle-, and high-income school districts (calibrated to New York data) with housing stocks that vary within and across districts. In this model, it is demonstrated that school-district targeted vouchers are similar in their impact to nontargeted vouchers but vastly different from vouchers targeted to low-income households. Furthermore, strong migration effects are shown to significantly improve the likely equity consequences of voucher programs.

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