Rothstein, Jesse; Schanzenbach, Diane Whitmore - National Bureau of Economic Research - 2021
lead, we examine effects of post-1990 school finance reforms on students' educational attainment and labor market outcomes … high- and low-income districts. Using a state-by-cohort panel design, we find that reforms increased high school completion … and college-going, concentrated among Black students and women, and raised annual earnings. They also increased the return …