This research examines the effect of accountability threats for low performing schools on resource allocation decisions and provides evidence that schools act with strategic behavior only when the accountability pressure is high. We used a generalization of a traditional regression discontinuity...

There is considerable disagreement in the academic literature about whether raising school expenditure improves educational outcomes. Yet changing the level of resources is one of the key policy levers open to governments. In the UK, school expenditure has increased by about 40 per cent in real...

Moving forward will only be materialized through investing in the nation's human capital. Human capital investment, through public education expenditure, is generally contributes directly and indirectly to economic development. Hence, many governments across the globe are trying to improve human...

We investigate equilibrium impacts of federal policies such as free-college proposals, taking into account that human capital production is cumulative and that state governments have resource constraints. In the model, a state government cares about household welfare and aggregate educational...

We use estimates across all known "credibly causal" studies to examine the distributions of the causal effects of public K12 school spending on test scores and educational attainment in the United States. Under reasonable assumptions, for each of the 31 included studies, we compute the same...