Barbara Biasi: School Finance Equalisation Increases Inte...

Barbara Biasi: School Finance Equalisation Increases Intergenerational Mobility: "Rates of intergenerational mobility vary widely��across the US. This column investigates the effects of reducing differences in revenues and expenditures across school districts within each state on students��� intergenerational income mobility, using school finance reforms passed in 20 US states between 1986 and 2004. Equalisation has a large effect on mobility, especially for low-income students. The effect acts through a reduction in the gap in inputs and in college attendance between low-income and high-income districts...

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