PRICED OUT: AGGREGATE INCOME SHOCKS AND SCHOOL PRICING IN THE CHILEAN VOUCHER MARKET.
This paper studies private school market behavior. If school quality is a normal good and schools have market power, profit‐maximizing schools may lower enrollment when incomes rise given parents' preferences for small class sizes and high‐socioeconomic status (SES) classmates. To demonstrate the po...
| Published in: | Economic Inquiry Vol. 59; no. 2; pp. 696 - 722 |
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| Format: | Article |
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Wiley-Blackwell
Apr2021
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| Online Access: | View this record in EBSCOhost |