Marcus R. Waldman
NBER Working Papers and Publications
|June 2017||The Consequences of Educational Voucher Reform in Chile|
with Richard J. Murnane, John B. Willett, Maria Soledad Bos, Emiliana Vegas: w23550
In an effort to boost student achievement and reduce income-based gaps, the Chilean government passed the Preferential School Subsidy Law (SEP) in 2008, which altered the nation’s 27-year-old universal school-voucher system dramatically. Implementation of SEP increased the value of the school voucher by 50 percent for “Priority students”, primarily those whose family incomes fell within the bottom 40 percent of the national distribution. To be eligible to accept the higher-valued vouchers from these students, schools were required to waive fees for Priority students and to participate in an accountability system.
Using national data on the mathematics achievement of 1,631,841 Chilean 4th-grade students who attended one of 8,588 schools during the year 2005 through 2012, we address two re...