In 1954 the Supreme Court of the United States ruled that separate schools for black and white children were 'inherently unequal.' This paper studies whether the desegregation plans of the next 30 years in fact benefited the black students for whom the plans were designed. Analysis of data from...

The paper studies a typical state-level education finance equalization scheme, and considers two questions. First, what fraction of state education aid is spent on schools? And second, does increased educational funding for historically low-spending districts lead to improved student...