Good principals or good peers?
Subtitle: parental valuation of school characteristics, tiebout equilibrium, and the effects of inter-district competition
By: Jesse Rothstein.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10666; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10666.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: School choice.
Description: "School choice policies may improve productivity if parents choose well-run schools, but not if parents primarily choose schools for their peer groups.  Theoretically, high income families cluster near preferred schools in housing market equilibrium; these need only be effective schools if effectiveness is highly valued.  If it is, equilibrium effectiveness sorting' will be more complete in markets offering more residential choice.  Although effectiveness is unobserved to the econometrician, I discuss observable implications of effectiveness sorting.  I find no evidence of a choice effect on sorting, indicating a small role for effectiveness in preferences and suggesting caution about choice's productivity implications"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/11/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.