In assessing educational equity among school districts, according to the authors, researchers should control for differences across districts in the prices of educational inputs. This paper tests a suggested index for one educational input, teacher salaries. The suggested teacher-salary index, based on a supply-and-demand model using 12 demand and…

The National Center for Education Statistics (NCES) commissioned the papers in this publication to address advances in measuring education inflation and adjusting for it, as well as to examine the emergence of a new focus on school spending, rather than school district spending, as well as new, private sources of funding for public education, and…