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Does Money Matter? Regression-Discontinuity Estimates from Education Finance Reform in Massachusetts / Jonathan Guryan.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Guryan, Jonathan.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w8269.
NBER working paper series no. w8269
Language:
English
Subjects (All):
Education--Massachusetts--Finance.
Education.
Government aid to education.
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2001.
Cambridge, Massachusetts : National Bureau of Economic Research, 2001.
Summary:
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.
Notes:
Print version record
May 2001.

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