Eudcation Finance Reform and Investment in Human Capital: Lessons from California

Raquel Fernandez () and Richard Rogerson ()

Working Papers from C.V. Starr Center for Applied Economics, New York University

Abstract: This paper examines the effect of different education financing systems on the level and distribution of resources devoted to public education. We focus on California, which in the 1970's was transformed from a system of mixed local and state financing to one of effectively pure state finance and subsequently saw its funding of public education fall between ten and fifteen percent relative to the rest of the US.

Keywords: EDUCATION; EDUCATIONAL FINANCING; EDUCATIONAL POLICY; PUBLIC GOODS (search for similar items in EconPapers)
JEL-codes: I22 I28 H42 (search for similar items in EconPapers)
Date: 1997
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http://econ.as.nyu.edu/docs/IO/9382/RR97-21.PDF (application/pdf)

Related works:
Working Paper: Education Finance Reform and Investment in Human Capital: Lessons from California (1995)
Journal Article: Education finance reform and investment in human capital: lessons from California (1999)
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Persistent link: http://EconPapers.repec.org/RePEc:cvs:starer:97-21

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