, introducing selective vouchers induces a Pareto improvement. Some agents use vouchers in equilibrium to buy private education …The literature on vouchers often concludes that a voucher-based system cannot be the outcome of a majority vote. This … paper shows that it is possible to propose selective vouchers (of exogenous value) such that the majority of voters are in …

The literature on vouchers often concludes that a vouchers-based system cannot be the outcome of a majority vote. This … paper shows that, when the value of vouchers and who is entitled to receive them are fixed exogenously, the majority of … voters are in favour of selective vouchers. On top of that, as long as the introduction of vouchers does not undermine the …

This paper examines the effects of school vouchers on public school quality in a simple two-community model with local … provision of education. Individuals differ only by income and one community imposes a fixed exogenous costs on its residents …. The equilibria of the model are stratified with the rich community providing better education with a lower tax rate. We …

at community level) implies substantially larger impacts of the voucher system. The effect of parents' education on …

at community level) implies substantially larger impacts of the voucher system. The effect of parents' education on …

at community level) implies substantially larger impacts of the voucher system. The effect of parents' education on …