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Estimating the Direct and Indirect Effects of Major Education Reforms / Michael Gilraine, Hugh Macartney, Robert McMillan.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Gilraine, Michael.
Contributor:
National Bureau of Economic Research.
Macartney, Hugh.
McMillan, Robert.
Series:
Working Paper Series (National Bureau of Economic Research) no. w24191.
NBER working paper series no. w24191
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2018.
Summary:
We propose an approach for credibly estimating indirect sorting effects of major education reforms and placing them alongside the reforms' direct and persistent effects for the first time. Applying our approach to California's state-wide class size reduction program, we estimate a large positive direct effect of smaller classes on test scores and an even larger indirect effect due to demographic changes as private school students switch into public schools; both effects also persist. Accounting for sorting using these estimates raises the program's benefit-cost ratio significantly. Further, our analysis indicates that indirect sorting is likely relevant in policy evaluations more generally.
Notes:
Print version record
January 2018.

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