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Schools and Stimulus: The Impact of the Education Funding Component of the 2009 American Recovery and Reinvestment Act
Schools and Stimulus: The Impact of the Education Funding Component of the 2009 American Recovery and Reinvestment Act
 
Our Price: $20.00
By Bill Dupor (au); M. Saif Mehkari (au)
Year: 2015
Pages: 35
Binding Paperback
ISBN 978-1-4578-6762-0

Product Code: 1457867621

Description
 
This study analyzes the impact of the education funding component of the 2009 American Recovery and Reinvestment Act (Recovery Act) on public school districts. The authors use cross-sectional differences in district-level Recovery Act funding to investigate the programäó»s impact on staffing, expenditures and debt accumulation. They estimate that $1 million of grants to a district had the following effects: expenditures increased by $570 thousand, district employment saw little or no change, and an additional $370 thousand in debt was accumulated. Moreover, 70% of the increase in expenditures came in the form of capital outlays. Next, the authors built a model of a school districtäó»s budgeting problem, which they calibrate to district level expenditure and staffing data. They also use the model to conduct policy experiments. Tables and figures. This is a print on demand report.

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