References list

4 Educational Finance: References list

Where possible, the list provides abstracts of the entries and links to the publication.
Initial list compiled by: Torberg Falch

This reference list contains three parts:

  • Introductory Reading
    Somebody who does not know this literature or wants to get an overview might want to start here.
  • Key References
    Some of the most important references in this literature, which may require some more knowledge of the field.
  • Further Reading
    Organized by date of publication.

Introductory Reading

  1. Fisher, Ronald C. and Leslie E. Papke (2000). Local Government Responses To Education Grants. In: National Tax Journal 53(1) , 153-168 . Link.

  2. Sonstelie, Jon (1982). The Welfare Cost of Free Public Schools. In: Journal of Political Economy 90(4) , 794-808 . Abstract. Link.

  3. Sonstelie, Jon and Peter Richardson (2001). School Finance and California's Master Plan for Education. San Francisco: Public Policy Institute of California . Abstract. Link.

  4. Yinger, John (2004). Helping Children Left Behind. State Aid and the Pursuit of Educational Equity. Cambridge: MIT Press . Abstract. Link.

Key references

  1. Barlow, Robin (1970). Efficiency Aspects of Local School Finance. In: Journal of Political Economy 78(5) , 1028-1040 . Link.

  2. Craig, Steven G. and Robert P. Inman (1982). Federal Aid and Public Education: An Empirical Look at the New Fiscal Federalism. In: Review of Economics and Statistics 64(4) , 541-552 . Link.

  3. Falch, Torberg and Jørn Rattsø (1999). Local Public Choice of School Spending: Disaggregating the Demand Function for Educational Services. In: Economics of Education Review 18(3) , 361-373 . Abstract. Link.

  4. Feldstein, Martin S. (1975). Wealth Neutrality and Local Choice in Public Education. In: American Economic Review 65(1) , 75-89 . Link.

  5. Fryer, Roland G. (2011). Financial Incentives and Student Achievement: Evidence from Randomized Trials . In: Quarterly Journal of Economics 126(4) , 1755-1798 . Abstract. Link.

  6. Ketel, Nadine, Jona Linde, Hessel Oosterbeek and Bas van der Klaauw (2015). Tuition Fees and Sunk-Cost Effects. In: Economic Journal 126(598) , 2342-2362 . Abstract. Link.

  7. Lavy, Victor (2009). Performance Pay and Teachers’ Effort, Productivity, and Grading Ethics. In: American Economic Review 99(5) , 1979-2011 . Abstract. Link.

  8. Murray, Sheila E., William N. Evans and Robert M. Schwab (1998). Education-Finance Reform and the Distribution of Education Resources. In: American Economic Review 88(4) , 789-812 . Abstract. Link.

  9. Oswald, Yvonne and Uschi Backes-Gellner (2014). Learning for a Bonus: How Financial Incentives Interact with Preferences. In: Journal of Public Economics 118 , 52-61 . Abstract. Link.

  10. Romer, Thomas, Howard Rosenthal and Vincent G. Munley (1992). Economic Incentives and Political Institutions: Spending and Voting in School Budget Referenda. In: Journal of Public Economics 49(1) , 01-33 . Abstract. Link.

Further reading

  1. Ahlin, Åsa and Eva Johansson (2001). Individual Demand for Local Public Schooling: Evidence from Swedish Survey Data. In: International Tax and Public Finance 8(4) , 331-351 . Abstract. Link.

  2. Ahlin, Åsa and Eva Mörk (2005). Effects of decentralization on school resources. In: Economics of Education Review 27(3) , 276-284 . Abstract. Link.

  3. Alesina, Alberto, Reza Baqir and Caroline M. Hoxby (2004). Political jurisdictions in heterogeneous communities . In: Journal of Political Economy 112(2) , 348-396 . Abstract. Link.

  4. Andrews, Matthew, William Duncombe and John Yinger (2002). Revisiting Economics of Size in American Education: Are We Any Closer To a Consensus?. In: Economics of Education Review 21(3) , 245-262 . Abstract. Link.

  5. Ashenfelter, Orley (1977). Demand and Supply Functions for State and Local Government Employment: the Effect of Federal Grants on Nonfederal Governmental Wages and Employment. New York: John Wiley & Sons .

  6. Baicker, Katherine and Nora Gordon (2006). The Effect of State Education Finance Reform on Total Local Resources. In: Journal of Public Economics 90(8) , 1519-1534 . Abstract. Link.

  7. Barrow, Lisa and Cecilia Elena Rouse (2004). Using market valuation to assess public school spending. In: Journal of Public Economics 88(9) , 1747-1769 . Abstract. Link.

  8. Bearse, Peter, Buly A. Cardak, Gerhard Glomm and B. Ravikumar (2013). Why do education vouchers fail at the ballot box?. In: European Journal of Political Economy 32 , 26-37 . Abstract. Link.

  9. Bergstrom, Theodore, Daniel Rubinfeld and Perry Shapiro (1982). Micro-based Estimates of Demand Functions for Local School Expenditures. In: Econometrica 50(5) , 1183-1205 . Abstract. Link.

  10. Bettinger, Eric P. (2012). Paying to Learn: The Effect of Financial Incentives on Elementary School Test Scores. In: Review of Economics and Statistics 94(3) , 686-698 . Abstract. Link.

  11. Betts, Julian R., Kim S. Reuben and Anne Danenberg (2000). Equal Resources, Equal Outcomes? The Distribution of School Resources and Student Achievement in California. San Francisco: Public Policy Institute of California . Abstract. Link.

  12. Blankenau, William F., Nicole B. Simpson and Marc Tamljanovich (2007). Public Education Expenditures, Taxation, and Growth: Linking Data to Theory. In: American Economic Review 97(2) , 393-397 . Abstract. Link.

  13. Booij, Adam, Edwin Leuven and Hessel Oosterbeek (2012). The role of information in the take-up of student loans. In: Economics of Education Review 31(1) , 33-44 . Abstract. Link.

  14. Borck, Rainald and Martin Wimbersky (2014). Political economics of higher education finance. In: Oxford Economic Papers 66(1) , 115-139 . Abstract. Link.

  15. Borge, Lars-Erik and Jørn Rattsø (1995). Demographic Shift, Relative Costs and the Allocation of Local Public Consumption in Norway. In: Regional Science and Urban Economics 25(6) , 705-726 . Abstract. Link.

  16. Boyd, Donald, Hamilton Lankford, Susanne Loeb and James Wyckoff (2008). The Impact of Assessment and Accountability on Teacher Recruitment and Retention: Are There Unintended Consequences?. In: Public Finance Review 36(1) , 88-111 . Abstract. Link.

  17. Brasington, David (1999). Joint Provision of Public Goods: The Consolidation of School Districts. In: Journal of Public Economics 73(3) , 373-393 . Abstract. Link.

  18. Bruckmeier, Kerstin and Berthold U. Wigger (2014). The effects of tuition fees on transition from high school to university in Germany. In: Economics of Education Review 41 , 14-23 . Abstract. Link.

  19. Brunner, Eric and Ed Balsdon (2004). Intergenerational conflict and the political economy of school spending. In: Journal of Urban Economics 56(2) , 369-388 . Abstract. Link.

  20. Brunner, Eric and Jon Sonstelie (2003). School Finance Reform and Voluntary Fiscal Federalism. In: Journal of Public Economics 87(9-10) , 2157-2185 . Abstract. Link.

  21. Burnell, Barbara (1991). The Effect of School District Structure on Education Spending. In: Public Choice 69(3) , 253-264 . Abstract. Link.

  22. Burstzyn, Leonoardo (2016). Poverty and the Political Economy of Public Education Spending: Evidence from Brazil. In: Journal of the European Economic Association 14(5) , 1101-1128 . Abstract. Link.

  23. Campbell, Colin and William Fischel (1996). Preferences for School Finance Systems: Voters versus Judges. In: National Tax Journal 49(1) , 01-15 . Abstract. Link.

  24. Card, David and A. Abigail Payne (2002). School Finance Reform, the Distribution of School Spending and the Distribution of Student Test Scores. In: Journal of Public Economics 83(1) , 49-82 . Abstract. Link.

  25. Chambers, Jay (1977). The Impact of Collective Bargaining for Teachers on Resource Allocation in Public School Districts. In: Journal of Urban Economics 4(3) , 324-339 . Abstract. Link.

  26. Chapman, Bruce, and Mathias Sinning (2014). Student loan reforms for German higher education: financing tuition fees. In: Education Economics 22(6) , 569-588 . Abstract. Link.

  27. Chaudhary, Latika (2009). Education inputs, student performance and school finance reform in Michigan. In: Economics of Education Review 28(1) , 90-98 . Abstract. Link.

  28. Coen-Pirani, Daniele (2011). Immigration and spending on public education: California, 1970-2000. In: Journal of Public Economics 95(11-12) , 1386-1396 . Abstract. Link.

  29. Colegrave, Andrew and Margaret J. Giles (2008). School cost functions: A meta-regression analysis. In: Economics of Education Review 27(6) , 688-696 . Abstract. Link.

  30. Conlin, Michael and Paul N. Thompson (2014). Michigan and Ohio K-12 educational financing systems. Equality and efficiency. In: Education Finance and Policy 9(4) , 417-445 . Abstract. Link.

  31. Costrell, Robert, Eric Hanushek and Susanna Loeb (2008). What Do Cost Functions Tell Us About the Cost of an Adequate Education?. In: Peabody Journal of Education 83(2) , 198-223 . Abstract. Link.

  32. Craig, Steven and Robert Inman (1986). Education, Welfare and the “New” Federalism: State Budgeting in a Federalist Public Economy. In: Rosen, Harvey (ed.). Studies in State and Local Public Finance. Chicago: University of Chicago Press , 187-222 . Abstract. Link.

  33. Cullen, Julie Berry (2003). The Impact of Fiscal Incentives on Student Disability Rates. In: Journal of Public Economics 87(7-8) , 1557-1589 . Abstract. Link.

  34. Dearden, Lorraine, Emla Fitzsimons, Alissa Goodman and Greg Kaplan (2008). Higher Education Funding Reforms in England: The Distributional Effects and the Shifting Balance of Costs. In: Economic Journal 118(526) , 100-125 . Abstract. Link.

  35. Del Rey, Elena (2012). Deferring higher education fees without relying on contributions from non-students. In: Education Economics 20(5) , 510-521 . Abstract. Link.

  36. Del Rey, Elena (2004). Funding schools for greater equity. In: Regional Science and Urban Economics 34(2) , 203-224 . Abstract. Link.

  37. Del Rey, Elena and María Racionero (2010). Financing schemes for higher education. In: European Journal of Political Economy 26(1) , 104-113 . Abstract. Link.

  38. Deny, Kevin (2014). The effect of abolishing university tuition costs: evidence from Ireland. In: Labour Economics 26 , 26-33 . Abstract. Link.

  39. Denzau, Arthur (1975). An Empirical Survey of Studies on Public School Spending. In: National Tax Journal 28(2) , 241-249 . Abstract. Link.

  40. Doolan, Karin, Danijela Dolenec, and Mladen Domazet (2013). The Croatian Student Financial Support System in a European Context: A Comparative Study. Zagreb: Institute for the Development of Education . Link.

  41. Link.

  42. Downes, Thomas (1992). Evaluating the Impact of School Finance Reform on the Provision of Public Education: The Californian Case. In: National Tax Journal 45(4) , 405-419 . Abstract. Link.

  43. Downes, Thomas and David Schoeman (1998). School Finance Reform and Private School Enrollment: Evidence from California. In: Journal of Urban Economics 43(3) , 418-443 . Abstract. Link.

  44. Downes, Thomas and Shane Greenstein (1996). Understanding the Supply Decisions of Nonprofits: Modelling the Location of Private Schools. In: RAND Journal of Economics 27(2) , 365-390 . Abstract. Link.

  45. Duncombe, William and John Yinger (2011). Are education cost functions ready for prime time? An examination of their validity and reliability. In: Peabody Journal of Education 86(1) , 28-57 . Abstract. Link.

  46. Duncombe, William and John Yinger (2007). Does School District Consolidation Cut Costs?. In: Education Finance and Policy 2(4) , 341-375 . Abstract. Link.

  47. Duncombe, William and John Yinger (2005). How much more does a disadvantaged student cost?. In: Economics of Education Review 24(5) , 513-532 . Abstract. Link.

  48. Ehrenberg, Ronald G., Randy A. Ehrenberg, Christopher L. Smith and Liang Zhang (2004). Why Do School District Budget Referenda Fail?. In: Educational Evaluation and Policy Analysis 26(2) , 111-125 . Abstract. Link.

  49. Eom, Tae Ho, William Duncombe, Phuong Nguyen-Hoang and John Yinger (2014). The unintended consequences of property tax relief: New York’s STAR program. In: Education Finance and Policy 9(4) , 446-480 . Abstract. Link.

  50. Epple, Dennis N. and Maria Marta Ferreyra (2008). School Finance Reform: Assessing General Equilibrium Effects. In: Journal of Public Economics 92(5-6) , 1326-1351 . Abstract. Link.

  51. Epple, Dennis and Richard Romano (2014). On the political economy of educational vouchers. In: Journal of Public Economics 120 , 62-73 . Abstract. Link.

  52. Epple, Dennis, Richard Romano, Sinan Sarpça, and Holger Sieg (2013). The U.S. Market for Higher Education: . A General Equilibrium Analysis of State and Private Colleges and Public Funding Policies. NBER Working Paper 19298. Cambridge, MA: National Bureau of Economic Research. Abstract. Link.

  53. Fack, Gabrielle and Julien Grenet (2015). Improving College Access and Success for Low-Income Students: Evidence from a Large Need-Based Grant Program. In: American Economic Journal: Applied Economics 7(2) , 1-34 . Abstract. Link.

  54. Falch, Torberg and Justina A. V. Fischer (2012). Public sector decentralization and school performance: International evidence. In: Economics Letters 114(3) , 76-279 . Abstract. Link.

  55. Falch, Torberg and Jørn Rattsø (1999). School Reforms and School Spending Growth. In: Journal of Policy Reform 3(3) , 195-227 . Abstract. Link.

  56. Falch, Torberg and Jørn Rattsø (1997). Political Economic Determinants of School Spending in Federal States: Theory and Time-Series Evidence. In: European Journal of Political Economy 13(2) , 299-314 . Abstract. Link.

  57. Falch, Torberg and Jørn Rattsø (1996). Sources of Cost Expansion: Primary Education in Norway 1946–1990. In: Education Economics 4(2) , 161-185 . Abstract. Link.

  58. Falch, Torberg, Marte Rønning and Bjarne Strøm (2008). A cost model of schools: School size, school structure and student composition. In: N. Soguel and P. Jaccard (eds). Governance and performance of education systems. Springer , 247-265 . Abstract. Link.

  59. Fernandez, Raquel and Richard Rogerson (2003). Equity and Resources: An Analysis of Education Finance Systems. In: Journal of Political Economy 111(4) , 858-897 . Abstract. Link.

  60. Fernandez, Raquel and Richard Rogerson (1999). Education Finance Reform and Investment in Human Capital: Lessons from California. In: Journal of Public Economics 74(3) , 327-350 . Abstract. Link.

  61. Fernandez, Raquel and Richard Rogerson (1997). Education Finance Reform: A Dynamic Perspective. In: Journal of Policy Analysis and Management 16(1) , 67-84 . Abstract. Link.

  62. Figlio, David (1997). Did the "Tax Revolt" Reduce School Performance?. In: Journal of Public Economics 65(2) , 245-269 . Abstract. Link.

  63. Figlio, David N. (2002). Can Public Schools Buy Better-Qualified Teachers?. In: Industrial and Labor Relations Review 55(4) , 686-699 . Abstract. Link.

  64. Figlio, David N. and Kim S. Rueben (2001). Tax Limits and the Qualifications of New Teachers. In: Journal of Public Economics 80(1) , 49-71 . Abstract. Link.

  65. Figlio, David N., Thomas A. Husted and Lawrence W. Kenny (2004). Political Economy of Inequality of School Spending. In: Journal of Urban Economics 55(2) , 338-349 . Abstract. Link.

  66. Figlio, David and Cassandra M. D. Hart (2014). Competitive effects of means-tested school vouchers. In: American Economic Journal: Applied Economics 6 , 133-156 . Abstract. Link.

  67. File, Jon, Thomas Farnell, Karin Doolan, Dušan Lesjak, and Ninoslav Šćukanec (2013). Higher Education Funding and the Social Dimension in Croatia: Analysis and Policy Guidelines. Zagreb: Institute for the Development of Education . Link.

  68. Fischer, Justina A. V. (2005). Do Institutions of Direct Democracy Tame the Leviathan? Swiss Evidence on the Structure of Expenditure for Public Education. CESifo Working Paper 1628. Abstract. Link.

  69. Fletcher, Deborah and Lawrence W. Kenny (2008). The Influence of the Elderly on School Spending in a Median Voter Framework. In: Education Finance and Policy 3(3) , 283-315 . Abstract. Link.

  70. Flyer, Fredrick and Sherwin Rosen (1997). The New Economics of Teachers and Education. In: Journal of Labor Economics 15(1) , 104-139 . Abstract. Link.

  71. Freeman, Richard (1986). Unionism Comes To the Public Sector. In: Journal of Economic Literature 24(1) , 41-86 . Abstract. Link.

  72. Gallagher, Daniel (1978). Teacher Bargaining and School District Expenditures. In: Industrial Relations 17(2) , 231-237 . Link.

  73. Glewwe, Paul, Ilias Nauman and Michael Kremer (2010). Teacher Incentives. In: American Economic Journal: Applied Economics 2(3) , 205-227 . Abstract. Link.

  74. Goldhaber, Dan (1999). An Endogenous Model of Public School Expenditures and Private School Enrollment. In: Journal of Urban Economics 46(1) , 106-128 . Abstract. Link.

  75. Goodman, Joshua (2010). Skills, Schools, and Credit Constraints: Evidence from Massachusetts. In: Education Finance and Policy 5(1) , 36-53 . Abstract. Link.

  76. Gordon, Nora (2004). Do federal grants boost school spending? Evidence from Title I. In: Journal of Public Economics 88(9) , 1771-1792 . Abstract. Link.

  77. Gradstein, Mark and Michael Kaganovich (2004). Aging population and education finance. In: Journal of Public Economics 88(9) , 2469-2485 . Abstract. Link.

  78. Greenaway, David and Michelle Haynes (2003). Funding Higher Education in the UK: The Role of Fees and Loans. In: Economic Journal 113(485) , F150-F166 . Abstract. Link.

  79. Grob, Ueli and Stefan C. Walter (2007). Demographic Change and Public Education Spending: A Conflict between Young and Old?. In: Education Economics 15(3) , 277-292 . Abstract. Link.

  80. Gross, John (1995). Heterogeneity of Preferences for Local Public Goods: The Case of Private Expenditures on Public Education. In: Journal of Public Economics 57(1) , 103-127 . Abstract. Link.

  81. Hanushek, Eric A. (2007b). Science Violated: Spending Projections and the 'Costing Out' of an Adequate Education. In: Hanushek, Eric A.(ed). Courting Failure: How School Finance Lawsuits Exploit Judges’ Good Intentions and Harm Our Children. San Fransisco: Stanford . Abstract. Link.

  82. Hanushek, Eric A. (2007a). Incentive-based financing of schools. SFRP Working Paper 14. Abstract. Link.

  83. Hanushek, Eric A. and Kuzey Yilmaz (2013). Schools and Location: Tiebout, Alonso, and Governmental Finance Policy. In: Journal of Public Economic Theory 15 , 829-855 . Abstract. Link.

  84. Hanushek, Eric A., Charles Ka Yui Leung, and Kuzey Yilmaz (2014). Borrowing Constraints, College Aid, and Intergenerational Mobility. In: Journal of Human Capital 8 , 1-41 . Abstract. Link.

  85. Hanushek, Eric and Steven Rivkin (1997). Understanding the Twentieth-Century Growth in U.S. School Spending. In: Journal of Human Resources 32(1) , 35-58 . Abstract. Link.

  86. Harris, Amy Rehder, William N. Evans and Robert M. Schwab (2001). Education Spending in an Aging America. In: Journal of Public Economics 81(3) , 449-472 . Abstract. Link.

  87. Heinesen, Eskil (2004). Determinants of Local Public School Expenditure: A Dynamic Panel Data Model. In: Regional Science and Urban Economics 34(4) , 429-453 . Abstract. Link.

  88. Hoxby, Caroline (1999). The Productivity of Schools and Other Local Public Goods Producers. In: Journal of Public Economics 74(1) , 01-30 . Abstract. Link.

  89. Hoxby, Caroline (1996). How Teachers’ Unions Affect Education Production. In: Quarterly Journal of Economics 111(3) , 671-718 . Abstract. Link.

  90. Hoxby, Caroline M. (2001). All School Finance Equalizations Are Not Created Equal. In: Quarterly Journal of Economics 116(4) , 1189-1231 . Abstract. Link.

  91. Humlum, Maria K. and Rune M. Vejlin (2013). The Responses of Youth to a Cash Transfer Conditional on Schooling: A Quasi-Experimental Study. In: Journal of Applied Econometrics 28(4) , 628-649 . Abstract. Link.

  92. Hübner, Malte (2012). Do Tuition Fees Affect Enrollment Behavior? Evidence from a ‘Natural Experiment’ in Germany. In: Economics of Education Review 31(6) , 949-960 . Abstract. Link.

  93. Imazeki, Jennifer (2001). School Revenue Limits and Teacher Salaries: Evidence from Wisconsin. Abstract.

  94. Imazeki, Jennifer and Andrew Reschovsky (2001). Achieving Educational Adequacy Through School Finance Reform. In: Journal of Education Finance 26(4) , 373-396 . Link.

  95. Inman, Robert (1978). Optimal Fiscal Reform of Metropolitan Schools: Some Simulation Results. In: American Economic Review 68(1) , 107-122 . Link.

  96. Inman, Robert P. (1979). The Fiscal Performance of Local Governments: An Interpretative Review. In: Mieszkowski, Peter and Mahlon Straszheim (eds.). Current Issues in Urban Economics.. Baltimore, M.D.: Johns Hopkins University Press .

  97. Jackman, Richard and John Papadachi (1981). Local Authority Education Expenditure in England and Wales: Why Standards Differ and the Impact of Government Grants. In: Public Choice 36(3) , 425-439 . Link.

  98. Jackson, Kirabo C., Rucker C. Johnson and Claudia Persico (2016). The Effects of School Spending on Educational and Economic Outcomes: Evidence from School Finance Reforms,The Quarterly Journal of Economics. In: Quarterly Journal of Economics 131(1) , 157-218 . Abstract. Link.

  99. Johnes, Geraint and Jill Johnes (1994). Policy Reforms and the Theory of Education Finance. In: Journal of Economic Studies 21(1) , 03-15 . Abstract. Link.

  100. Johnstone, D. Bruce (2004). The Economics and Politics of Cost Sharing in Higher Education: Comparative Perspectives. In: Economics of Education Review 23(4) , 403-410 . Abstract. Link.

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