Is there a new paradigm emerging in education? There seem to be a number of forces coming together to challenge the current status quo. First, there is the change from industrial economy to the knowledge economy. Secondly, there is renewed questioning of the relevance of current education....

New Zealand’s special funding system allows state schools a greater level of independence in managing their property compared to most other countries. Schools receive a fixed budget as an entitlement from the three “pots” of the educational property funding structure. The government’s...

This paper utilizes the feature of the CHDS data from New Zealand that children are sampled for extremely long individual histories of their class size experiences as well as their scholastic and early labor market outcomes. Our interest is to explore the full set of empirical implications of...