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affected by the Great Recession. Using a rich panel data set of New York State school districts and a trend-shift analysis, we … examine how the funding and expenditure dynamics of districts have changed in the four years since the recession hit. We find …
Persistent link: https://www.econbiz.de/10010201342
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 …
Persistent link: https://www.econbiz.de/10010201209
heavily reliant on state and local funds, which were severely depleted during the Great Recession. To alleviate some of the …-shift analysis. We find that the recession led to cuts in funding and expenditure. While the stimulus served as an effective stopgap … sustained small cuts in the initial years after recession. But when the stimulus dried up and the economy was still stagnating …
Persistent link: https://www.econbiz.de/10013075108
affected by the Great Recession. Using a rich panel data set of New York State school districts and a trend-shift analysis, we … examine how the funding and expenditure dynamics of districts have changed in the four years since the recession hit. We find …
Persistent link: https://www.econbiz.de/10012973939
Funding for New Jersey's low-income school districts tumbled in the most recent recession, and the Abbott districts — a … instructional spending. Moreover, the fiscal strains of recession appear to have led to layoffs of untenured teachers in the Abbott …
Persistent link: https://www.econbiz.de/10013077858
Funding for New Jersey's low-income school districts tumbled in the most recent recession, and the Abbott districts — a … instructional spending. Moreover, the fiscal strains of recession appear to have led to layoffs of untenured teachers in the Abbott …
Persistent link: https://www.econbiz.de/10013080776
Approximately 4800 municipal bond issuers defaulted on interest or principal payments during the Great Depression. Although municipal bond defaults have been quite rare over the last 70 years, some commentators have suggested that another large wave of municipal bond defaults will occur in the...
Persistent link: https://www.econbiz.de/10013096454
and the Great Recession – to identify the determinants fiscal resilience. The findings indicate that although strategic … renewal. In addition, the underlying characteristics of each recession affect whether institutional and economic conditions …
Persistent link: https://www.econbiz.de/10013294159
effect of the Great Recession (or any other recession) on schools. Our paper begins to fill this gap. Exploiting detailed … data on school finance indicators and an analysis of trend shifts, we examine how the Great Recession affected school … mitigating the consequences. -- school finance ; recession ; American Recovery and Reinvestment Act ; federal stimulus …
Persistent link: https://www.econbiz.de/10009411327
Great Recession and the American Recovery and Reinvestment Act (ARRA) federal stimulus period. For these groups of districts … budget come fiscal end. When state and local revenues took a big hit in the most recent recession, officials had to make … downward shifts in revenue and expenditure per pupil during the post-recession era in all three groups of districts. However …
Persistent link: https://www.econbiz.de/10013100332