Why do education vouchers fail at the ballot box? |
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| Institution: | 1. Department of Economics, University of North Carolina at Greensboro, Greensboro, NC 27402, USA;2. School of Economics, La Trobe University, Victoria 3086, Australia;3. Department of Economics, Wylie Hall, Indiana University, Bloomington, IN 47405, USA;4. Research Division, Federal Reserve Bank of St. Louis, P.O. Box 442, St. Louis, MO 63166, USA |
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| Abstract: | We compare a uniform voucher regime against the status quo mix of public and private education, focusing on the distribution of welfare gains and losses across households by income. We argue that the topping-up option available under uniform vouchers is not sufficiently valuable for the poorer households, so the voucher regime is defeated at the polls. Our result is robust to partial voter turnout and efficiency differences between public and private schools, but depends critically on the opting-out feature in the current system. |
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