Plausibly Exogenous [634] - School Financing (10/13/2021)
LHS Variable
Intergenerational Mobility
RHS Variable
Equalizing revenues across public school districts
Source of Exogenous Variation
Simulated instrument that exploits plausibly random changes in the funding formula, idiosyncratic to each state
- Biasi (2021), “School Finance Equalization Increases Intergenerational Mobility”