Rockoff, Jonah E. - In: Journal of Urban Economics 68 (2010) 2, pp. 138-147
I examine the impact of a property tax-relief program in New York State that lowered the marginal cost of school expenditure to homeowners. I find that a typical school district, which received 20% of its revenue through the program in the school year 2001-2002, raised expenditure by 4.1% and...