Plausibly Exogenous [1108] - School Spending (02/12/2023)
LHS Variable
Educational progress
RHS Variable
School spending cuts
Source of Exogenous Variation
States' historical reliance on state-appropriated funds (which are more sensitive to the business cycle) to fund public schools interacted with the timing of the recession as instruments for reductions in school spending
- Jackson, Wigger, and Xiong (2021), “Do school spending cuts matter? Evidence from the Great Recession”