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Shores, Kenneth; Steinberg, Matthew P. – Journal of Education Finance, 2019
We examine the correlates of district spending and revenue losses following the onset of the Great Recession and the role of fiscal federalism in mitigating these losses. We estimate whether spending and revenue declines were driven primarily by local labor market conditions or the degree of state fiscal centralization. Utilizing population level…
Descriptors: Educational Equity (Finance), Federal State Relationship, School Districts, Expenditures