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- Title
Incentives and the Supply of Effective Charter Schools.
- Authors
Singleton, John D.
- Abstract
Charter school funding is typically set by formulas that provide the same amount for students regardless of advantage or need. I present evidence that this policy skews the distribution of students served by charters toward low-cost populations by influencing where charter schools open and whether they survive. To do this, I develop and estimate an equilibrium model of charter school supply and competition to evaluate the effects of funding policies that aim to correct these incentives. The results indicate that a cost-adjusted funding formula would increase the share of disadvantaged students in charter schools with little reduction in aggregate effectiveness. (JEL H75, I21, I22, I28)
- Subjects
FINANCING of charter schools; CHARTER schools; POOR youth; LOW-income students
- Publication
American Economic Review, 2019, Vol 109, Issue 7, p2568
- ISSN
0002-8282
- Publication type
Article
- DOI
10.1257/aer.20171484