This article discusses schools as the primary unit of accountability and how school performance is measured and examines whether school-based accountability and incentive programs increase student achievement and how they impact the behavior of principals.

Recent policy interest in managing local population growth has drawn attention to the fiscal pressures that population growth imposes on local governments. This paper uses 1985 data for 247 large county areas to determine the separate impacts on local government spending of two dimensions of...

A defining characteristic of charter schools is that they introduce a strong market element into public education. In this paper, we examine the evolution of the charter school sector in North Carolina between 1999 and 2012 through the lens of a market model. We examine trends in the mix of...

Much of the controversy about whether mortgage lenders discriminate against minorities can be explained in terms of the confusion about how to define discrimination. Based on the legal definition, careful studies of loan denial rates, such as that done by the Federal Reserve Bank of Boston,...

We use data on statewide end-of-course tests in North Carolina to examine the relationship between teacher credentials and student achievement at the high school level. The availability of test scores in multiple subjects for each student permits us to estimate a model with student fixed...