Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Estimating Parents’ Valuations of Class Size Reductions Using Attrition in the Tennessee STAR Experiment

Estimating Parents’ Valuations of Class Size Reductions Using Attrition in the Tennessee STAR... Abstract This study estimates parents’ valuations of small classes by examining the effects of randomly assigned class type on the decision to remove one’s child from the Tennessee Student Teacher Achievement Ratio experiment, using a new hedonic estimation strategy that estimates the cash payment that would be required to generate the same difference in attrition rates as was observed between treatment and control groups. In 2010 dollars, our preferred estimates indicate that parents on the margin of sending their children to private schools valued small classes at $2,000–$18,000 per year relative to a cost of $3,000 per student year. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The B.E. Journal of Economic Analysis & Policy de Gruyter

Estimating Parents’ Valuations of Class Size Reductions Using Attrition in the Tennessee STAR Experiment

Download PDF
36 pages

Loading next page...
 
/lp/de-gruyter/estimating-parents-valuations-of-class-size-reductions-using-attrition-cm3k1vjTNw
Publisher
de Gruyter
Copyright
Copyright © 2014 by the
ISSN
2194-6108
eISSN
1935-1682
DOI
10.1515/bejeap-2013-0024
Publisher site
See Article on Publisher Site

Abstract

Abstract This study estimates parents’ valuations of small classes by examining the effects of randomly assigned class type on the decision to remove one’s child from the Tennessee Student Teacher Achievement Ratio experiment, using a new hedonic estimation strategy that estimates the cash payment that would be required to generate the same difference in attrition rates as was observed between treatment and control groups. In 2010 dollars, our preferred estimates indicate that parents on the margin of sending their children to private schools valued small classes at $2,000–$18,000 per year relative to a cost of $3,000 per student year.

Journal

The B.E. Journal of Economic Analysis & Policy – de Gruyter

Published: Jul 1, 2014

References

  • Is Comprehensive Education Really Free?: A Case-Study of the Effects of Secondary School Admissions Policies on House Prices in One Local Area
    Leech
  • Private School Vouchers and Student Achievement: An Evaluation of the Milwaukee Parental Choice Program
    Rouse
  • Estimating Treatment Effects from Contaminated Multiperiod Education Experiments: The Dynamic Impacts of Class Size Reductions
    Ding
  • School Vouchers and Academic Performance: Evidence from Three Randomized Field Trials
    Howell
  • The Effects of Small Classes on Academic Achievement: The Results of the Tennessee Class Size Experiment
    Nye
  • The Impact of School Characteristics on House Prices: Chicago, 1987–1991
    Downes
  • Comment on School Accountability Ratings and Housing Values
    Hill
  • Do Better Schools Matter? Parental Valuation of Elementary Education
    Black
  • Educational Outcomes and House Values: A Test of the Value-Added Approach
    Brasington
  • How Does Your Kindergarten Classroom Affect Your Earnings? Evidence from Project Star
    Chetty
  • Answers and Questions about Class Size: A Statewide Experiment
    Finn
  • Tennessee’s Class Size Study: Findings, Implications, Misconceptions
    Finn
  • Estimating Treatment Effects from Contaminated Multiperiod Education Experiments: The Dynamic Impacts of Class Size Reductions
    Ding
  • Answers and Questions about Class Size: A Statewide Experiment
    Finn
  • The Milwaukee Voucher Experiment
    Witte
  • A Unified Framework for Measuring Preferences for Schools and Neighborhoods
    Bayer
  • The Economic Cost of Conscription and an Upper Bound on the Value of Life: Hedonic Estimates from Two Margins of Response to the Vietnam Draft
    Rohlfs
  • School Voucher Programs: What the Research Says About Parental School Choice
    Wolf
  • Parents, Peers, or School Inputs: Which Components of School Outcomes Are Capitalized Into House Value?
    Brasington