Caroline M. Hoxby

Senior Fellow
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Biography: 

Caroline M. Hoxby is a senior fellow at the Hoover Institution and a member of the Koret Task Force on K–12 Education. She is the Scott & Donya Bommer Professor of Economics at Stanford University and the director of the Economics of Education Program for the National Bureau of Economic Research. She also serves as a member of the Board of Directors of the National Board for Education Sciences.

Hoxby's research has received numerous awards, including a Carnegie Fellowship, a John M. Olin Fellowship, a National Tax Association Award, and a major grant from the National Institute of Child Health and Development. She is the recipient of the 2006 Thomas J. Fordham Prize for Distinguished Scholarship.

She has written extensively on educational choice and related issues. She is the editor of The Economic Analysis of School Choice (University of Chicago Press, 2002) and College Choices (University of Chicago Press, 2004). Some of her published articles include "Does Competition among Public Schools Benefit Students and Taxpayers?" (American Economic Review, 2000), "Not All School Finance Equalizations Are Created Equal" (Quarterly Journal of Economics, 2001), and "How Teachers' Unions Affect Education Production" (Quarterly Journal of Economics, 1996).

Other articles written by Hoxby include "The Effects of School Choice on Curriculum and Atmosphere" (in Earning and Learning: How Schools Matter), "The Effects of Class Size on Student Achievement" (Quarterly Journal of Economics, 1999), and "Evidence on Private School Vouchers: Effects on Schools and Students" (in Performance Based Approaches to School Reform).

Hoxby, who was the subject of a feature article in The New Yorker, has an undergraduate degree, a master's degree, and a doctorate in economics. She earned her master's degree in 1990 from the University of Oxford, which she attended on a Rhodes Scholarship, and her doctorate in 1994 from the Massachusetts Institute of Technology.

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Young Adults

Hoover fellow Hoxby discusses her toolkit for low-income, high-achieving high school students on NPR’s All Things Considered

by Caroline M. Hoxbyvia All Things Considered (NPR)
Tuesday, April 2, 2013

Caroline Hoxby, a senior fellow at the Hoover Institution, the Scott and Donya Bommer Professor of Economics at Stanford University, and a member of the Institution’s Koret Task Force on K–12 Education, discusses her study on expanding college opportunities for low-income students and how providing them with more information about top universities can improve application and acceptance rates.

A Revealed Preference Ranking of American Colleges and Universities

by Christopher Avery, Mark Glickman, Caroline M. Hoxby, Andrew Metrickvia Quarterly Journal of Economics
Thursday, December 13, 2012

We present a method of ranking U.S. undergraduate programs based on students’ revealed preferences. When a student chooses a college among those that have admitted him, that college “wins” his “tournament.” Our method efficiently integrates the information from thousands of such tournaments.

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American Education in 2030

by Grover J. Whitehurst, Paul E. Peterson, Terry M. Moe, Tom Loveless, Paul T. Hill, Eric Hanushek, Williamson M. Evers, John E. Chubb, Caroline M. Hoxby, Chester E. Finn Jr., Herbert J. Walbergvia Books by Hoover Fellows
Monday, March 22, 2010

In these essays, members of the Hoover Institution's Task Force on K-12 education, joined by several keen-eyed observers, blend prediction with prescription to paint a vivid picture of American primary and secondary education in 2030.

In the News

The Changing Selectivity of American Colleges

by Caroline M. Hoxbyvia National Bureau of Economic Research
Tuesday, October 27, 2009

This paper shows that although the top ten percent of colleges are substantially more selective now than they were 5 decades ago, most colleges are not more selective...

How New York City Schools Affect Achievement

by Caroline M. Hoxby, Jenny Kang, Sonali Murarkavia National Burea of Economic Research
Tuesday, September 1, 2009
This research was funded by the Institute for Education Sciences under Contract R305A040043, a subcontract of the National Center on School Choice at Vanderbilt University.

The Changing Selectivity of American Colleges

by Caroline M. Hoxbyvia American Economic Association
Tuesday, September 1, 2009

Over the past few decades, the average college has not become more selective: the reverse is true, though not dramatically. People who believe that college selectivity is increasing may be extrapolating from the experience of a small number of colleges such as members of the Ivy League, Stanford, Duke, and so on.

In the News

The Governance and Performance of Research Universities: Evidence from Europe and the U.S.

by Caroline M. Hoxbyvia National Bureau of Economic Research
Wednesday, April 1, 2009

We investigate how university governance affects research output, measured by patenting and international university research rankings...

A Debate on School Reform: Curriculum and Instruction or Markets and Choice?

with Chester E. Finn Jr., E. Donald Hirsch Jr., Caroline M. Hoxby, Paul E. Peterson, Diane Ravitchvia Uncommon Knowledge
Thursday, January 18, 2007

The Koret Task Force on K-–12 Education is a top-rate team of education experts brought together by the Hoover Institution, with the support of the Koret Foundation, to work on education reform. The primary objectives of the task force are to gather, evaluate, and disseminate existing evidence in an analytical context, and analyze reform measures that will enhance the quality and productivity of K-–12 education.

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