to analyze how New Jersey school finances were affected during the Great Recession and the ARRA federal stimulus period …While sparse literature exists investigating the impact of the Great Recession on various sectors of the economy, there … is virtually no research that studies the effect of the Great Recession, or past recessions, on schools. This paper …

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 …

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 …

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 …