Chakrabarti, Rajashri; Livingston, Max; Roy, Joydeep - In: Education Finance and Policy 9 (2014) 4, pp. 383-416
The Great Recession led to marked declines in state revenue. In this paper we investigate whether (and how) local school districts modified their funding and taxing decisions in response to state aid declines in the post-recession period. Our results reveal school districts responded to state...