Chakrabarti, Rajashri; Livingston, Max; Roy, Joydeep - 2013
During the Great Recession and its aftermath, state and local governments’ revenue streams dried up due to diminished … districts modified their funding and taxing decisions in response to changes in state aid in the post-recession period. Using … strong evidence that school districts did indeed respond to state aid cuts in the post-recession period by countering the …