Aggregation and the Estimated Effects of School Resources

Eric Hanushek, Steven Rivkin and Lori Taylor

RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: This paper attempts to reconcile the contradictory findings in the dabate over school resources and school effectiveness by highlighting the role of aggregation in the presence of omitted variables bias. While data aggregation for well-specified linear models yields unbiased parameter estimates, aggregation alters the magnitude of any omitted variables bias.

Keywords: EDUCATION; EDUCATIONAL COSTS; EDUCATIONAL FINANCING (search for similar items in EconPapers)
JEL-codes: I22 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1995
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Citations: View citations in EconPapers (9)

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Related works:
Journal Article: Aggregation and the Estimated Effects of School Resources (1996)
Working Paper: Aggregation and the Estimated Effects of School Resources (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:roc:rocher:397

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