Journalartikel

The Coupon Trading Approach as a Model for a Subject-based Financing System of Early Childhood Education and Care Services


AutorenlisteEgbert, Von Henrik; Hildenbrand, Andreas

Jahr der Veröffentlichung2012

Seiten116-128

ZeitschriftJournal of Economics and Statistics

Bandnummer232

Heftnummer2

ISSN0021-4027

VerlagDe Gruyter Brill


Abstract
Improving early childhood education and care (ECEC) services is one of the challenging duties of public authorities in Germany. We think that inefficiency with respect to the quantity as well as the quality of ECEC services is caused by the prevalent object-based financing system. In this article, we tackle the issue by providing a positive analysis to the ongoing discussion about the future of publicly financed ECEC services. We present a model of a subject-based financing system for ECEC services with tradable vouchers. On the basis of this model, it is shown that by introducing tradable vouchers a more efficient allocation of resources is possible. Further, the model indicates that tradable vouchers also improve the quality of ECEC services.



Zitierstile

Harvard-ZitierstilEgbert, V. and Hildenbrand, A. (2012) The Coupon Trading Approach as a Model for a Subject-based Financing System of Early Childhood Education and Care Services, Jahrbücher für Nationalökonomie und Statistik - Journal of Economics and Statistics, 232(2), pp. 116-128

APA-ZitierstilEgbert, V., & Hildenbrand, A. (2012). The Coupon Trading Approach as a Model for a Subject-based Financing System of Early Childhood Education and Care Services. Jahrbücher für Nationalökonomie und Statistik - Journal of Economics and Statistics. 232(2), 116-128.



Schlagwörter


Coupon Trading ApproachEarly childhood education and caresubject-based financingvouchersVOUCHERS


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