NBER Working Papers by Caroline M. Hoxby

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Working Papers

January 2014The Economics of Online Postsecondary Education: MOOCs, Nonselective Education, and Highly Selective Education
December 2012Endowment Management Based on a Positive Model of the University

Forthcoming: Endowment Management Based on a Positive Model of the University, Caroline M. Hoxby. in How the Financial Crisis and Great Recession Affected Higher Education, Brown and Hoxby. 2014

The Missing "One-Offs": The Hidden Supply of High-Achieving, Low Income Students
with Christopher Avery: w18586
November 2012The Hated Property Tax: Salience, Tax Rates, and Tax Revolts
with Marika Cabral: w18514
October 2009The Changing Selectivity of American Colleges

Published: Caroline M. Hoxby, 2009. "The Changing Selectivity of American Colleges," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 95-118, Fall. citation courtesy of

April 2009The Governance and Performance of Research Universities: Evidence from Europe and the U.S.
with Philippe Aghion, Mathias Dewatripont, Andreu Mas-Colell, André Sapir: w14851

Published: Aghion, P., Dewatripont, M., Hoxby, C., Mas-Colell, A. and Sapir, A. (2010), The governance and performance of universities: evidence from Europe and the US. Economic Policy, 25: 7–59. doi: 10.1111/j.1468-0327.2009.00238.x

Charter Schools in New York City: Who Enrolls and How They Affect Their Students' Achievement
with Sonali Murarka: w14852
February 2006Cost Should Be No Barrier: An Evaluation of the First Year of Harvard's Financial Aid Initiative
with Christopher Avery, Clement Jackson, Kaitlin Burek, Glenn Pope, Mridula Raman: w12029
March 2005Competition Among Public Schools: A Reply to Rothstein (2004)

Published: Caroline M. Hoxby, 2007. "Does Competition Among Public Schools Benefit Students and Taxpayers? Reply," American Economic Review, American Economic Association, vol. 97(5), pages 2038-2055, December.

October 2004A Revealed Preference Ranking of U.S. Colleges and Universities
with Christopher Avery, Mark Glickman, Andrew Metrick: w10803

Published: Christopher N. Avery & Mark E. Glickman & Caroline M. Hoxby & Andrew Metrick, 2013. "A Revealed Preference Ranking of U.S. Colleges and Universities," The Quarterly Journal of Economics, Oxford University Press, vol. 128(1), pages 425-467. citation courtesy of

September 2004Robin Hood and His Not-So-Merry Plan: Capitalization and the Self-Destruction of Texas' School Finance Equalization Plan
with Ilyana Kuziemko: w10722
February 2003Do and Should Financial Aid Packages Affect Students' College Choices?
with Christopher Avery: w9482


April 2002School Choice and School Productivity (or Could School Choice be a Tide that Lifts All Boats?)
March 2002The Cost of Accountability

Published: Evers, Williamson M. and Herbert J. Walberg (eds.) School Accountability. Stanford University, Stanford, CA: Hoover Institution Press, 2002.

August 2000Political Jurisdictions in Heterogeneous Communities
with Alberto Alesina, Reza Baqir: w7859

Published: Alesina, Alberto, Reza Baqir and Caroline Hoxby. "Political Jurisdications In Heterogeneous Communities," Journal of Political Economy, 2004, v112(2,Apr), 348-396. citation courtesy of

Would School Choice Change the Teaching Profession?

Published: Hoxby, Caroline M. "Would School Choice Change The Teaching Profession?," Journal of Human Resources, 2002, v37(4,Fall), 846-891. citation courtesy of

Peer Effects in the Classroom: Learning from Gender and Race Variation
June 2000Benevolent Colluders? The Effects of Antitrust Action on College Financial Aid and Tuition
January 1999Explaining Rising Income and wage Inequality Among the College Educated
with Bridget Terry: w6873
The Productivity of Schools and Other Local Public Goods Providers

Published: Journal of Public Economics (1999).

December 1998The Effects of Class Size and Composition on Student Achievement: New Evidence from Natural Population Variation

Published: Hoxby, Caroline M. "The Effects Of Class Size On Student Achievements: New Evidence From Population Variation," Quarterly Journal of Economics, 2000, v115(4,Nov), 1239-1285.

November 1998All School Finance Equalizations Are Not Created Equal


  • as "How Much Does School Spending Depend On Family Income? The Historical Origins Of The Current School Finance Dilemma," American Economic Review, Vol. 88, no. 2 (May 1998): 309-314
  • The Quarterly Journal of Economics, Vol. 116, no. 4, (November 2001): 1189-1231 citation courtesy of

February 1998Overidentification Tests with Grouped Data
with M. Daniele Paserman: t0223
December 1997How the Changing Market Structure of U.S. Higher Education Explains College Tuition
September 1995Is There an Equity-Efficiency Trade-Off in School Finance? Tiebout and a Theory of the Local Public Goods Producer

Published: Journal of Public Economics (1999).

December 1994Do Private Schools Provide Competition for Public Schools?
Does Competition Among Public Schools Benefit Students and Taxpayers?

Published: Hoxby, C. M. "Does Competition Among Public Shools Benefit Students And Taxpayers," American Economic Review, 2000, v90(5,Dec), 1209-1238. citation courtesy of

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

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