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Author:Loeb, S.
Title:Estimating the effects of school finance reform: a framework for a federalist system
Journal:Journal of Public Economics
2001 : MAY, VOL. 80:2, p. 225-247
Index terms:EDUCATIONAL FINANCE
SCHOOLS
Freeterms:LOCAL SUPPLEMENTATION
Language:eng
Abstract:This paper models the effect of increased state involvement in school funding on education spending levels. Unlike previous studies that have assumed perfect sorting of voters into districts by income, this analysis assumes demand sorting. The author, thus, is able to utilize the true distribution of wealth across districts to estimate tax price changes and to predict changes in district spending levels in response to a change in financing rules.
SCIMA record nr: 226589
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