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Working Paper
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium
Gregory, Victoria; Kozlowski, Julian; Rubinton, Hannah (2023-07-13)
We incorporate race into an overlapping-generations spatial-equilibrium model with neighborhood spillovers. The model incorporates race in three ways: (i) a Black-White wage gap, (ii) an amenity externality---households care about the racial composition of their neighbors---and (iii) an additional barrier to moving for Black households. These forces quantitatively account for all of the racial segregation and 80% of the Black-White gap in college attainment in the data for the St. Louis metro area. Counterfactual exercises show that all three forces are quantitatively important. The presence ...
Working Papers , Paper 2022-036

Working Paper
The effect of school finance reform on population heterogeneity
Aaronson, Daniel (1998)
This paper tests whether state school finance reform alters neighborhood income homogeneity. One implication of the Tiebout model is that within-community homogeneity declines as a result of an exogenous decrease in the ability of jurisdictions to set local tax and expenditure levels. The property tax revolt and the school finance equalization reform of the 1970s and 1980s offer a test of the role of state fiscal reform on aggregate population sorting behavior. The results show that school finance has a significant effect on school district income sorting, especially among low income ...
Working Paper Series , Paper WP-98-11

Journal Article
K-12 public school finance in Missouri: an overview
Spring, Matthew G.; Podgursky, Michael (2006-03)
Regional Economic Development , Issue Mar , Pages 31-50

Journal Article
Financial aid : decentralizing Virginia's public universities
Wang, Jennifer (2005-01)
Econ Focus , Volume 9 , Issue Win , Pages 8

Journal Article
Statement to Congress, September 21, 2000 (the economic importance of improving math-science education)
Greenspan, Alan (2000-11)
Federal Reserve Bulletin , Issue Nov

Journal Article
Colleges need to learn about productivity
Poole, William (2006-01)
The Regional Economist , Issue Jan , Pages 3

Journal Article
An economist's viewpoint: using economics to shed light on current policy issues
Stern, Gary H. (2004-09)
The Region , Volume 18 , Issue Sep , Pages 2-5

Journal Article
Conclusions and controversies about the effectiveness of school resources
Hanushek, Eric A. (1998-03)
Although a majority of parents, educators, and policymakers report that their own schools are doing well, many believe that the U.S. education system as a whole is in trouble. The author points out that in the past decade an increasing amount of resources have been devoted to education, but U.S. students have continued to underperform students in other countries. To improve the effectiveness of spending, the author advocates radically different incentives for students and school personnel and better measures of student performance.
Economic Policy Review , Volume 4 , Issue Mar , Pages 11-27

Briefing
A More Comprehensive Measure of the Black-White Wealth Gap
Jones, John Bailey; Neelakantan, Urvi (2022-05)
In this article, we apply a simple graphical device — the plot of the relative rank distribution — to summarize the Black-White wealth gap. We also introduce the relative rank Gini coefficient — an analog to the standard Gini coefficient — as a summary measure of rank inequality. We find that the rank wealth gap is widest in the middle of the wealth distribution. Black-White rank wealth gaps are higher among college graduates than among other education groups. Households with young or retired heads have higher rank gaps than middle-aged households. We caution that rank gaps are not ...
Richmond Fed Economic Brief , Volume 22 , Issue 17

Journal Article
Don't know much about financial literacy : In this classroom, the right choice may be (d) all of the above
Sablik, Timothy (2011-07)
Related links:> https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q3/feature1_weblinks.cfm
Econ Focus , Volume 15 , Issue 3Q , Pages 17-19

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