Using store-level and aggregated Consumer Price Index data, we show that restaurant prices rise in response to minimum wage increases under several sources of identifying variation. We introduce a general model of employment determination that implies minimum wage hikes cause prices to rise in competitive labor markets but potentially fall in…

This report describes the program for financing public schools in Florida. The intent is to supply general information for those having a casual interest in state funding of schools and more detailed descriptions for the school administrator or the student of school finance. The first section of the report describes key features of the Florida…

The desire to create an effective cost of education index (CEI) arises from a desire to achieve greater equity in state and federal school funding mechanisms. Before such a measure is useful, however, much more thought must be given to the specification of factors differentially affecting demand and supply. Consensus regarding classification of…

The goal of this study was to determine the level of educational expenditure necessary to make ample provision for the education of all students, providing all students with the skills to meet long-term academic standards, pursue additional learning beyond high school, and become productive citizens and contributing members of society. This study…

In 1974 the New Jersey Board of Higher Education appointed an independent Commission on Financing Postsecondary Education to develop a long-range financing plan for education beyond high school. Data were analyzed, issues debated, and alternative financing plans discussed regarding the Commission charge to: (1) develop policies to promote access…