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Does money matter? : regression-discontinuity estimates from education finance reform in Massachusetts

Author: Jonathan Guryan; National Bureau of Economic Research.
Publisher: Cambridge, MA. : National Bureau of Economic Research, ©2001.
Series: Working paper series (National Bureau of Economic Research), working paper no. 8269.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: The paper studies a typical state-level education finance equalization scheme, and considers two questions. First, what fraction of state education aid is spent on schools? And second, does increased educational funding for historically low-spending districts lead to improved student achievement? Estimates based on variation in spending caused by state aid formulas suggest that 50 to 75 cents of each  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Jonathan Guryan; National Bureau of Economic Research.
OCLC Number: 60137746
Description: 1 online resource (31, [22] pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 8269.
Responsibility: Jonathan Guryan.

Abstract:

Abstract: The paper studies a typical state-level education finance equalization scheme, and considers two questions. First, what fraction of state education aid is spent on schools? And second, does increased educational funding for historically low-spending districts lead to improved student achievement? Estimates based on variation in spending caused by state aid formulas suggest that 50 to 75 cents of each dollar of education aid were spent on schools. Estimates also suggest that increased spending improved 4 th -grade test scores, but show no effect on 8 th -grade test scores. Further analysis shows that increases in 4 th -grade average test scores were associated with improved performance by low-scoring students.

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