@TechReport{iza:izadps:dp1336,
            	author={Brunello, Giorgio and Rocco, Lorenzo},
            	title={Diploma No Problem: Can Private Schools Be of Lower Quality than Public Schools?},
            	year={2004},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={1336},
            	url={https://www.iza.org/index.php/publications/dp1336},
	abstract={Motivated by anecdotal as well as econometric evidence from Italy, we ask whether private
schools can provide lower quality than public schools. Using a stylized model of the
education market with sequential entry of a public and a private school, we show that,
depending on the underlying parameters of the model, a market structure with the private
school offering at a positive price lower quality than the public school can be an equilibrium.
The calibrated parameters for Italy suggest the existence of such an equilibrium in the Italian
market for education.},
	keywords={private schools;education;Italy},
            }