Ferraz, Claudio; Finan, Frederico; Moreira, Diana B. - In: Journal of Public Economics 96 (2012) 9-10, pp. 712-726
This paper examines if money matters in education by looking at whether missing resources due to corruption affect … student outcomes. We use data from the auditing of Brazil's local governments to construct objective measures of corruption … of corruption across municipalities and controlling for student, school, and municipal characteristics, we find a …