School Finance Reform and the Distribution of Student Achievement

IZA Logo
   

IZA Seminar

Place: Schaumburg-Lippe-Str. 9, 53113 Bonn

Date: 01.09.2016, 12:15 - 13:30

   

Presentation by 

Diane Whitmore Schanzenbach (Northwestern University)
   

Abstract:

We study the impact of post-1990 school finance reforms, during the so-called “adequacy” era, on absolute and relative spending and achievement in low-income school districts. Using an event study research design that exploits the apparent randomness of reform timing, we find that reforms lead to sharp, immediate, and sustained increases in spending in low-income school districts. Using representative samples from the National Assessment of Educational Progress, we also find that reforms cause increases in the achievement of students in these districts, phasing in gradually over the years following the reform. The implied effect of school resources on educational achievement is large.

   
Download complete paper   
   
For more information, please contact seminar@iza.org