Education Attainment, Socioeconomic Segregation, and School Finance

Open Access
Author:
Li, Runbo
Area of Honors:
Economics
Degree:
Bachelor of Science
Document Type:
Thesis
Thesis Supervisors:
  • Russell Wade Cooper, Thesis Supervisor
  • Russell Paul Chuderewicz, Honors Advisor
  • James R. Tybout, Faculty Reader
Keywords:
  • education
  • attainment
  • socioeconomic
  • segregation
  • school
  • finance
Abstract:
In recent decades, educated workers have become increasingly concentrated in order to benefit from job market, peer effects, and social spillovers. Differences in education attainment across communities can result in socioeconomic segregation. I apply the Benabou location choice framework to national data and view it in the context of school finance policies. I find that 1) at the state level, there is no relationship between school revenue redistribution and spending equity, 2) neither school revenue redistribution nor spending have a relationship with segregation, and 3) achievement equity has a weak relationship with segregation.