Choi, Jinsub - In: Journal of applied economics 26 (2023) 1, pp. 1-19
This paper studies whether the centralization of public school finance affects school revenue levels. The theoretical … overall effect is ambiguous. A public school finance reform in Michigan (U.S. state), which centralized its school finance …. Using district-level panel data on school finance in Michigan and neighboring states over the fiscal-year period of 1990 …