English, Article, Journal or magazine article edition: Cost Efficiency and Feasibility of Education Policy in the Presence of Local Social Externalities Vandenberghe, Vincent

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/178388
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Cost Efficiency and Feasibility of Education Policy in the Presence of Local Social Externalities
Author
  • Vandenberghe, Vincent
Physical Description
  • preprint
Notes
  • This paper is a theoretical exercise aimed at developing an economic analysis of an education system in which the educational output - apart from each individual's propensity to invest in himself or the level of per-pupil spending - is heavily conditioned by the way non-monetary inputs (peer effects operating as local social spillovers) are allocated between schools. Our model actually stresses the influence peer effects can exert on the monetary cost of a policy aimed at equalizing achievement. Unequal allocation of these non-purchasable inputs will cause unequal monetary input requirements and under some realistic assumptions we show here that the best way to ensure cost efficiency is to achieve an equalitarian allocation of peer effects (perfect desegregation according to ability level). But the implementation of such a policy raises many difficulties. To get particular families to voluntarily send their offspring to desegregated schools might require some form of bribery.
  • Education: Government Policy; Externalities; Cost-Benefit Analysis
  • RePEc:ctl:louvir:1999021
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment