Working Paper
The Effects of Vouchers on Academic Achievement: Evidence from Chile’s Conditional Voucher Program Juan A. Correa David Inostroza Francisco Parro Loreto Reyes Gabriel Ugarte Universidad Andrés Bello Marzo
Fecha
2014Registro en:
Universidad Andrés Bello (Chile). Facultad de Economía y Negocios. Documento de Trabajo N° 7. 2014.
Autor
Juan A., Correa
Inostroza, David
Parro, Francisco
Reyes, Loreto
Ugarte, Gabriel
Institución
Resumen
Abstract
We use data from Chile's conditional voucher program to test the e ects of vouchers
on academic achievement. Conditional vouchers have delivered extra resources
to low-income, vulnerable students since 2008. Moreover, under this scheme, additional
resources are contingent on the completion of speci c scholastic goals. Using a
di erence-in-di erences approach, we nd a positive and signi cant e ect of vouchers
on standardized test scores. Additionally, our results highlight the importance of
conditioning the delivery of resources to some speci c academic goals when frictions
exist in the education market.