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

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  • Miesha Jamell Williams

Abstract

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.

Suggested Citation

  • Miesha Jamell Williams, 2022. "How Do Federal Policy Shocks to State Spending Impact Returns to Primary and Secondary Education?," AEA Papers and Proceedings, American Economic Association, vol. 112, pages 366-369, May.
    • Handle: RePEc:aea:apandp:v:112:y:2022:p:366-69
    DOI: 10.1257/pandp.20221113
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    More about this item

    JEL classification:

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

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