Reposted by Alessandro Tondini
If spending more on schools raises the earnings of the children who benefit, does it eventually make the whole economy richer?
My new NBER paper examines this using school-finance reforms. 🧵
www.nber.org/papers/w35755
nber.org
The Macroeconomic Returns to School Finance Reforms: Micro-Calibrated Predictions Meet Causal Evidence
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
