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Neher, Chris; Patterson, David; Duffield, John W.; Harvey, Amy – Journal of Education Finance, 2017
A significant body of work on the economics of education establishes links between specific interventions, such as class size reduction or increased teacher pay, and educational attainment (often measured by graduation rates). Many of these interventions rely on increased funding, so the current study builds upon previous work by analyzing the…
Descriptors: Elementary Secondary Education, Educational Finance, Financial Support, Graduation Rate
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Shuls, James V. – Journal of Education Finance, 2017
From funding to teacher quality, inequities exist between school districts. This paper adds to the literature on inequities by examining the impact of pension plan formulas on pension benefits. Using data from the salary schedules of 464 Missouri school districts, this paper analyzes how various final average salary calculations would impact the…
Descriptors: Retirement Benefits, Teacher Retirement, School Districts, Teacher Salaries
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Sav, G. Thomas – Journal of Education Finance, 2017
The Great Recession induced by the financial crisis accelerated the decades of declining state funding support for U.S. public higher education, while simultaneously bringing increased political pressures for demonstrating improvements in the operating efficiencies among all universities and colleges. The purpose of this paper is twofold. First,…
Descriptors: Higher Education, Public Education, State Aid, Federal Aid
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Ullrich, Laura D.; Murray, Matthew N. – Journal of Education Finance, 2017
"Tennessee Small School Systems v. McWherter" case led to a significant reform of the state's school finance system during 1992-1993 with the phased-in implementation of the Basic Education Program. This paper examines the impact of Tennessee's school finance reform on education spending using a complete panel of school districts from…
Descriptors: Court Litigation, State Legislation, Educational Legislation, Educational Finance
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Ellison, Jessica McGrath; Owings, William; Kaplan, Leslie S. – Journal of Education Finance, 2017
The relationship between lack of a high school diploma and juvenile incarceration is well known. This study investigated whether an increase in state fiscal effort for education is associated with decreased juvenile incarceration rates. Each state's and the District of Columbia's educational fiscal effort and its relation with state juvenile…
Descriptors: Juvenile Justice, Institutionalized Persons, State Aid, Educational Finance
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Babington, Michael; Welsch, David M. – Journal of Education Finance, 2017
Many papers have now examined the competitive effects of charter and voucher programs; relatively less attention has been paid to the potential competitive effects of other school choice programs. Our paper attempts to continue to fill this void, by examining the potential competitive effects of transfers within a statewide open enrollment program…
Descriptors: School Choice, Open Enrollment, Competition, Transfer Students
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Alexander, Nicola A.; Kim, Hyunjun – Journal of Education Finance, 2017
Scholars and policymakers want to know how much investment is sufficient to attain high-performing schools. Examining education spending in a highly regarded education system can yield insights for the United States. This paper explores conceptualizations and applications of adequacy in the United States and the Republic of Korea. Our exploratory…
Descriptors: Foreign Countries, Educational Finance, Financial Support, Expenditures
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Condron, Dennis J. – Journal of Education Finance, 2017
Since 1989, most states have faced "adequacy" lawsuits that target state constitutions' education clauses in aiming to boost funding provided to disadvantaged districts--which should reduce overall inequality in school funding. Using pooled time-series data on 44 states over 19 years spanning the adequacy era, this study examines how…
Descriptors: Educational Finance, Educational Equity (Finance), Court Litigation, Income
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Evans, Chad; Malin, Joel R. – Journal of Education Finance, 2017
Research has demonstrated that families are consistently willing to pay more for homes situated in catchments with better quality schools. However, few have considered whether other school characteristics are capable of capitalizing home values in this way. Using data from the city of Chicago, we investigate whether traditional magnet schools may…
Descriptors: Magnet Schools, Housing, Neighborhoods, Urban Schools
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Gándara, Denisa; Toutkoushian, Robert K. – Journal of Education Finance, 2017
In this study, we provide updated estimates of the private and social financial return on enrolling in a master's degree program in the United States. In addition to returns for all fields of study, we show estimated returns to enrolling in master's degree programs in business and education, specifically. We also conduct a sensitivity analysis to…
Descriptors: Masters Programs, Outcomes of Education, Intellectual Disciplines, Enrollment
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Kelchen, Robert; Stedrak, Luke J. – Journal of Education Finance, 2016
State-level performance-based funding (PBF) policies are an increasingly common way to allocate funds to public colleges and universities. While a growing body of research has examined whether these policies are effective in improving student outcomes, little is known about how colleges respond to PBF policies. In this paper, we examine whether…
Descriptors: Educational Finance, Financial Support, Public Colleges, State Aid
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Springer, Matthew G.; Taylor, Lori L. – Journal of Education Finance, 2016
Pay-for-performance is a popular public education reform, but there is little evidence about the characteristics of a well-designed incentive pay plan for teachers. Some of the literature suggests that effective incentive plans must offer relatively large awards to induce behavioral changes. On the other hand, the experimental economics literature…
Descriptors: Incentives, Public School Teachers, Preferences, Behavior Change
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Davis, Matthew; Vedder, Andrea; Stone, Joe – Journal of Education Finance, 2016
Evidence that local tax and expenditure limits (TELs) for public K-12 schools lower student achievement is widely attributed to the effects of reduced funding, but our results cast doubt on reduced funding as the primary explanation for negative effects of TELs and instead suggest the importance of the predictability of funding. Students in…
Descriptors: Taxes, Educational Finance, Academic Achievement, Educational Equity (Finance)
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Kramer, Dennis A., II – Journal of Education Finance, 2016
This study examines the impact of merit-aid programs on secondary course taking patterns. Specifically, this study uses difference-in-differences to analyze state-level Advanced Placement (AP) participation and examination data pre and post merit-aid adoption. Results indicate increases in AP participation and number of total examinations after…
Descriptors: Advanced Placement Programs, State Aid, Educational Policy, Financial Policy
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DeLuca, Thomas A. – Journal of Education Finance, 2015
As K-12 (kindergarten through twelfth grade) local education agencies (LEAs) face continued fiscal pressure, noninstructional service consolidation advocates point to states like Florida, with its countywide school systems, as an example of LEAs exploiting scale economies to reduce per-pupil spending, especially in administration and other…
Descriptors: School Districts, Counties, Elementary Secondary Education, Resource Allocation
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