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1998 - The Economics of School Reform

Attribution: Hoxby, Caroline
Researchers: Caroline Hoxby
University Affiliation: Stanford University
Email: choxby@stanford.edu
Research Question:
Analysis of school reform in the US.
Published: 1
Journal Name or Institutional Affiliation: NBER -National Bureau of Economics
Journal Entry: Spring
Year: 1998
Findings:
  • The consequences of segregation on school reforms are more ambiguous than initially thought and the productivity consequences are clearer and probably of greater quantitative importance.
  • Think jointly about school choice and school finance because financial incentives are the key to the way school choice actually works.
  • Structure of school choice and school finance are crucial to how individuals solve their human capital investment problems and how much a society increases its human capital over time.
  • Economics is valuable for the analysis of school reform:
  • Econometric methods and evaluation techniques are very useful for analyzing school reforms.
  • Many of the puzzles in K-12 schooling are related to financing, and most structural school reforms are loosely based on economic arguments.
  • Educational systems ought to solve the problem of investment in human capital, which involves some capital market failures and spillovers.
Keywords: Charter SchoolsChoiceEconomicsFinanceFundingPrivate SchoolsReformSegregationVouchersRegions: NationalMethodologies: QualitativeResearch Designs: Literature ReviewAnalysis Methods: Content Analysis Sampling Frame:National
Sampling Types: NonrandomAnalysis Units: DocumentData Types: Qualitative-Longitudinal
Data Description:
  • Summary of her own work. Previous studies on Empirical Evidence on School Choice, Choice Among Public School Districts, Choice between Public and Private Schools, School Reform.
Theoretical Framework:
Relevance:
Archives: K-12 Integration, Desegregation, and Segregation Abstracts
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