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NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Claudia Persico

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May 2014The Effect of School Finance Reforms on the Distribution of Spending, Academic Achievement, and Adult Outcomes
with C. Kirabo Jackson, Rucker Johnson: w20118
The school finance reforms (SFRs) that began in the early 1970s and accelerated in the 1980s caused some of the most dramatic changes in the structure of K-12 education spending in U.S. history. We analyze the effects of these reforms on the level and distribution of school district spending, as well as their effects on subsequent educational and economic outcomes. In Part One, using a newly compiled database of school finance reforms and a recently available long panel of annual school district data on per-pupil spending that spans 1967-2010, we present an event-study analysis of the effects of different types of school finance reforms on per-pupil spending in low- and high-income school districts. We find that SFRs have been instrumental in equalizing school spending between low- and h...

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers only

 
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