is a strong positive relationship between parental education, or earnings, and time spent with children. We then show … difference. We speculate that one reason for this positive education gradient relates to the investment aspect of time spent with …

The paper studies a typical state-level education finance equalization scheme, and considers two questions. First, what … fraction of state education aid is spent on schools? And second, does increased educational funding for historically low … that 50 to 75 cents of each dollar of education aid were spent on schools. Estimates also suggest that increased spending …