The effects of vouchers on academic achievement: evidence from Chile's conditional voucher program

Available from: 
October 2013
Paper author(s): 
Francisco Parro (Ministerio de Finanzas Chile)
Topic: 
Education - Health
Year: 
2013


We use data from Chile's conditional voucher program to test the effects 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 specific scholastic goals. Using a difference-in-differences approach, we find a positive and significant effect of vouchers on standardized test scores. Additionally, our results highlight the importance of conditioning the delivery of resources to some specific academic goals when frictions exist in the education market.

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Research section: 
Lacea 2013 annual meeting
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