2018
DOI: 10.1257/app.20160567
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School Finance Reform and the Distribution of Student Achievement

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 show 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 find that reforms cause increases in the achi… Show more

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citations
Cited by 239 publications
(216 citation statements)
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References 55 publications
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“…This heterogeneity stands in contrast to recent studies of school finance reforms (Jackson, Johnson, and Persico 2016;Lafortune, Rothstein, and Schanzenbach forthcoming;and Candelaria and Shores 2015), which found effects primarily among high-poverty districts. I also find that districts allocated the marginal dollar primarily toward schools serving wealthier families within the district.…”
contrasting
confidence: 93%
See 1 more Smart Citation
“…This heterogeneity stands in contrast to recent studies of school finance reforms (Jackson, Johnson, and Persico 2016;Lafortune, Rothstein, and Schanzenbach forthcoming;and Candelaria and Shores 2015), which found effects primarily among high-poverty districts. I also find that districts allocated the marginal dollar primarily toward schools serving wealthier families within the district.…”
contrasting
confidence: 93%
“…I do not focus on these results, because they are statistically imprecise, but I present them in online Appendix Table 7. Jackson, Johnson, and Persico 2016;and Lafortune, Rothstein, and Schanzenbach forthcoming).…”
Section: Heterogeneitymentioning
confidence: 99%
“…Most recently, Baker () finds that targeted and sustained school finance reforms can improve both short‐ and long‐term student outcomes. Similarly, Lafortune, Rothstein, and Schanzenbach () find that 10 years following reform, relative achievement of students in low‐income districts had risen by roughly one‐fifth of the baseline gap between high‐ and low‐income districts. Finally, Grubb () argues that Hanushek and others inappropriately focus on school revenues rather than school resources, and finds that low‐performing schools disproportionately suffer from ineffective teaching, poor‐quality curriculum, and poor school climates.…”
Section: Literature Reviewmentioning
confidence: 93%
“…This approach is explained clearly in Lafortune, Rothstein, and Schanzenbach (2018). Our empirical strategy follows an event-study interpretation of a difference-indifferences estimator.…”
Section: A Empirical Strategymentioning
confidence: 99%
“…The first is drawn from Bailey (2010), who presents evidence that preexisting contraceptive sales bans across the United States provide plausibly exogenous variation in access to the birth control pill in the early 1960's. The second approach we build upon is the strategy outlined by Lafortune, Rothstein, and Schanzenbach (2018) for measuring the policy impact of legal changes when there may be a dynamic response of the outcome variable to the policy change. Additionally the early 1960s saw a number of states overturn their explicit sales bans, and in 1965 the U.S. Supreme Court's Griswold decision struck down all remaining Comstock laws, effectively equalizing marital access to the pill across states.…”
Section: Introductionmentioning
confidence: 99%