Suppose you want to evaluate the effectiveness of vouchers in improving educational attainment by offering a voucher to any student in a particular town who asks for one. What is wrong with simply comparing the educational performance of the students receiving vouchers with those who do not receive vouchers? What would be a better way to study the effectiveness of vouchers?
Answer to relevant QuestionsSeven in ten students who attend publicly funded universities leave the state after graduation, indicating that a very large fraction of states’ investments in human capital bears fruit elsewhere. Why, then, might states ...Lazear (2001) noted that when one simply compares the performance of students in small and large class sizes, there is little difference, despite the presumption (and experimental evidence) that smaller class sizes improve ...Why might government provision of insurance lead to a larger number of insurance claims than private provision of insurance would? Billy Joe has utility of U = ln(C), while Bobby Sue has utility of U = √C. Which person is more risk averse? Which person would pay the higher insurance premium to smooth consumption? Senator Dare suggests lowering Social Security benefits by reducing the rate at which Average Indexed Monthly Earnings are converted to the Primary Insurance Amount for future retirees. Senator Snow instead proposes reducing ...
Post your question