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than ten percent of total funding; yet, this deduction creates a federal subsidy to education, which not only provides …. In this paper, we estimate the extent and distribution of this subsidy and ask how the price incentives created by the … this indirect federal subsidy to direct federal aid to districts …
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Derek Neal writes that economists must analyze public education policy in the same way they analyze other procurement problems. He shows how standard tools from economics research speak directly to issues in education. For mastering the models and tools that economists of education should use in...
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