We study the impact of post-1990 school finance reforms, during the so-called "adequacy" era, on absolute and relative spending and achievement in low-income school districts. Using an event study research design that exploits the apparent randomness of reform timing, we show that reforms lead to sharp, immediate, and sustained increases…

This report provides a blueprint for reorganizing the governing structure of the National Assessment of Educational Progress (NAEP) and suggests new procedures of test development and test administration that will increase the interpretability of the assessment while at the same time making more staff and monetary resources available for research…