How Do Federal Policy Shocks to State Spending Impact Returns to Primary and Secondary Education?

Using NIPA and IPEDS data from 2000 to 2017, this research employs a panel event-study VAR to determine the recursive impact of federal education policy on college enrollment and state spending on education. Specifically, this project focuses on race and gender to analyze the Elementary and Secondary Education Act, and Common Core State Standards as random shocks to federal spending. Do federal policy or state standards help educational disparities? Findings indicate decentralized policies or standards must be centrally aligned to be effective in the US. Improvements must be made for all demographic groups.

Citation

Williams, Miesha Jamell. 2022. "How Do Federal Policy Shocks to State Spending Impact Returns to Primary and Secondary Education?" AEA Papers and Proceedings , 112: 366–69 . DOI: 10.1257/pandp.20221113

Additional Materials

• Replication Package
• Author Disclosure Statement(s) (49.84 KB)

JEL Classification

• H52 National Government Expenditures and Education
• H75 State and Local Government: Health; Education; Welfare; Public Pensions
• I21 Analysis of Education
• I22 Educational Finance; Financial Aid
• I23 Higher Education; Research Institutions
• J15 Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
• J16 Economics of Gender; Non-labor Discrimination

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