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More Funding in Exchange for Increased School Accountability: Policy Effects Using the Quantile School Value-Added Approach

Fri, April 28, 2:15 to 3:45pm, Henry B. Gonzalez Convention Center, Floor: Ballroom Level, Hemisfair Ballroom 1

Abstract

This article explores the effect of a policy recently implemented in Chile increasing funding for schools based on the number of low-income students they enroll. In exchange to increased funding, schools commit to tighter school accountability. School effectiveness is studied using a novel and detailed methodology: the quantile value-added approach. This approach examines school improvement for group of students at different achievement level. Results from two sets of cohorts show that the new law has not increased school effectiveness.

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