Modelling the U.S. Market for Higher Education and Evaluating Public Funding Policies: Theory and Estimation

模拟美国高等教育市场并评估公共资助政策：理论与估计

• 批准号: 1355892
• 负责人: Dennis Epple
• 金额: $ 54.78万
• 依托单位: Carnegie-Mellon University
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 2014
• 资助国家: 美国
• 起止时间: 2014-04-15 至 2018-03-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=1355892&HistoricalAwards=false
• 关键词: Modelling; U.S.; Market; Higher; Education

Current issues related to the funding model for higher education bring to the forefront striking features of this market in the U.S.: the coexistence of competing public and private sectors; a high degree of differentiation in college characteristics within and across sectors; and latitude for charging differential tuition to students based on place of residence, household income, and academic qualifications. Surprising little research on the interaction between colleges, public and private, is available to inform the policy debate. This research provides a model that characterizes the interaction of providers of higher education and can be used to evaluate alternative public funding policies. This research will advance the research frontier in, at least, three important dimensions. First, the PIs will provide a new framework that incorporates important features of competition between private and public universities. The framework will capture differences in objectives between public and private institutions, differences in resources, and differences in constraints on tuition and admission policies. Second, the PIs will undertake empirical testing of their model. They will assemble a new data set on public and private universities as well as on parental and student choices. They propose to develop new estimators that can deal with the complex pricing and sorting patterns generated by their model. Finally, they propose to explore the policy implications of their work. They will examine changes in state and federal financial aid policies, and their impact on student attainment and achievement, as well as access to higher education by disadvantaged groups of society. The research develops, estimates, and applies a new framework for understanding the market for higher education and for studying education policy issues. This framework significantly advances the state-of-the art in research providing a detailed analysis of the differences in objectives and constraints faced by private and public universities. The proposed research will provide the first estimated model of public-private competition in higher education and is thus on the frontier of integrating theory, computation, and estimation. The general-equilibrium approach is particularly important for study of changes in state and federal policies and the associated changes in admission and tuition policies. The research explores important current public policy issues. Research findings will be disseminated via conferences, seminars, and research papers to promote broad access to the results. Ph.D. students will participate in the research and develop related research, thus contributing both to their training and to the body of knowledge on the subject matter of this proposal.

当前与高等教育资助模式相关的问题凸显了美国这一市场的显着特征：竞争性的公共部门和私营部门并存；院系内和院系间的大学特色高度分化；根据居住地、家庭收入和学历向学生收取差别学费的自由度。令人惊讶的是，关于公立和私立大学之间互动的研究很少，可以为政策辩论提供信息。这项研究提供了一个表征高等教育提供者互动的模型，可用于评估替代公共资助政策。 这项研究将至少在三个重要方面推进研究前沿。首先，PI将提供一个新的框架，其中包含私立和公立大学之间竞争的重要特征。该框架将反映公立和私立机构之间目标的差异、资源的差异以及学费和入学政策限制的差异。其次，PI 将对其模型进行实证测试。他们将收集有关公立和私立大学以及家长和学生选择的新数据集。他们建议开发新的估算器，可以处理其模型生成的复杂定价和排序模式。最后，他们建议探讨其工作的政策影响。他们将研究州和联邦财政援助政策的变化，及其对学生学业成绩和成就以及社会弱势群体接受高等教育的影响。 该研究开发、估计和应用了一个新的框架来了解高等教育市场和研究教育政策问题。该框架极大地推进了最先进的研究，提供了对私立和公立大学所面临的目标和限制的差异的详细分析。拟议的研究将提供第一个高等教育公私竞争的估计模型，因此处于理论、计算和估计相结合的前沿。一般均衡方法对于研究州和联邦政策的变化以及入学和学费政策的相关变化尤其重要。 该研究探讨了当前重要的公共政策问题。研究结果将通过会议、研讨会和研究论文传播，以促进广泛获取结果。博士学生将参与研究并开展相关研究，从而为他们的培训和本提案主题的知识体系做出贡献。