| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13524 |
| 来源ID | Working Paper 13524 |
| School Finance Reform: Assessing General Equilibrium Effects | |
| Dennis N. Epple; Maria Marta Ferreyra | |
| 发表日期 | 2007-10-23 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | In 1994 the state of Michigan implemented one of the most comprehensive school finance reforms undertaken to date in any of the states. Understanding the effects of the reform is thus of value in informing other potential reform initiatives. In addition, the reform and associated changes in the economic environment provide an opportunity to assess whether a simple general equilibrium model can be of value in framing the study of such reform initiatives. In this paper, we present and use such a model to derive predictions about the effects of the reform on housing prices and neighborhood demographic compositions. Broadly, our analysis implies that the effects of the reform and changes in the economic environment are likely to have been reflected primarily in housing prices and only modestly on neighborhood demographics. We find that evidence for the Detroit metropolitan area from the decade encompassing the reform is largely consistent with the predictions of the model. |
| 主题 | Public Economics ; Public Goods ; Subnational Fiscal Issues ; Health, Education, and Welfare ; Education |
| URL | https://www.nber.org/papers/w13524 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571200 |
| 推荐引用方式 GB/T 7714 | Dennis N. Epple,Maria Marta Ferreyra. School Finance Reform: Assessing General Equilibrium Effects. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13524.pdf（1662KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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