Back to the Future: An Update on Michigan School Finance Reform
نویسندگان
چکیده
منابع مشابه
School Finance Reform in Michigan: An Analytical Framework
We examine whether the Michigan school funding reform of 1994 had general equilibrium effects in the Detroit metropolitan area. The reform had two components: centralization of school funding at the state level, with increases for low-revenue districts and revenue caps for highrevenue districts, and property tax reduction. We present a stylized equilibrium model whose main insight is that since...
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This paper investigates how the Michigan school finance reform affected educational performance in that state. In 1994, somewhat unexpectedly and without the prodding of any courts, Michigan radically altered its school financing system. The new plan, Proposal A, significantly increased state aid to the poorer districts and limited future increases in spending in the richest ones. In the proces...
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In this paper I develop an empirical framework for the analysis of large-scale policies, and apply it to study the effects of Michigan’s 1994 school finance reform on the Detroit metropolitan area. The framework includes estimating a general equilibrium model of multiple jurisdictions with data before the reform, predicting the post-reform equilibrium, and comparing this prediction with postref...
متن کاملThe Effect of School Finance Reform on Population Heterogeneity
This paper tests whether state school finance reform alters neighborhood income homogeneity. One implication of the Tiebout model is that within-community homogeneity declines as a result of an exogenous decrease in the ability of jurisdictions to set local tax and expenditure levels. The property tax revolt and the school finance equalization reform of the 1970s and 1980s offer a test of the r...
متن کاملSchool finance reform: Assessing general equilibrium effects
In 1994 the state of Michigan implemented one of the most comprehensive school finance reforms undertaken to date in any of the states. Understanding the effects of the reform is thus of value in informing other potential reform initiatives. In addition, the reform and associated changes in the economic environment provide an opportunity to assess whether a simple general equilibrium model can ...
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ژورنال
عنوان ژورنال: Educational Considerations
سال: 1998
ISSN: 0146-9282
DOI: 10.4148/0146-9282.1376