NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Corrupting Learning: Evidence from Missing Federal Education Funds in Brazil

Claudio Ferraz, Frederico Finan, Diana B. Moreira

NBER Working Paper No. 18150
Issued in June 2012

---- Acknowledgements -----

We are grateful to Brian Knight and two anonymous referees for several insightful comments that significantly improved the paper. We are also thankful to the staff at the CGU for support and clarifications of the auditing process, and to Elaine Pazzelo and Roberta Biondi for help with the education data. We thank David Card, Miguel Foguel, Seema Jayanchandran, Enrico Moretti, Ted Miguel, Sergei Soares, Fernando Veloso and seminar participants at BREAD, GRADE, Ibmec-Rio, IPEA-Rio, Notre Dame, PUC-Rio, RAND, USP for comments and suggestions. Tassia Cruz, Carolina Grottera, Susana Cordeiro Guerra, Marcio Nery, and Sinaia Urrusti-Frenk provided excellent research assistance. Financial support from CCPR and CNPq is gratefully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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