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  5. The Impact of School Finance Reforms on Local Tax Revenues

AEA Papers and Proceedings

ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)

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The Impact of School Finance Reforms on Local Tax Revenues

  • Patrick Bayer
  • Peter Q. Blair
  • Kenneth Whaley
AEA Papers and Proceedings
vol. 110, May 2020
(pp. 416–18)
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Abstract

For many applications in public finance, it is difficult to find a source of exogeneous variation in local taxes. In this paper we use an event study design to show that the school finance reforms are one potential source of exogenous variation in taxes. This new instrument enlarges the tool kit for applied economists and other social scientists studying public finance and education.

Citation

Bayer, Patrick, Peter Q. Blair, and Kenneth Whaley. 2020. "The Impact of School Finance Reforms on Local Tax Revenues." AEA Papers and Proceedings, 110: 416–18. DOI: 10.1257/pandp.20201112

Additional Materials

JEL Classification

  • H71 State and Local Taxation, Subsidies, and Revenue
  • H75 State and Local Government: Health; Education; Welfare; Public Pensions
  • I22 Educational Finance; Financial Aid
  • I28 Education: Government Policy