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Throwing money at schools

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  • Eric A. Hanushek

Abstract

The conventional wisdom about public schools is that they face serious problems in terms of performance and that improving schools requires additional money. However, the available evidence suggests that there is no relationship between expenditures and the achievement of students and that such traditional remedies as reducing class sizes or hiring better trained teachers are unlikely to improve matters. Furthermore, there is little reason to believe that schools will move toward more efficient operations, either on their own or through consumer pressures. More attention should be given to developing direct performance incentives.

Suggested Citation

  • Eric A. Hanushek, 1982. "Throwing money at schools," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 1(1), pages 19-41.
    • Handle: RePEc:wly:jpamgt:v:1:y:1982:i:1:p:19-41
    DOI: 10.2307/3324107
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    Cited by:

    1. Alan B. Krueger, 2003. "Economic Considerations and Class Size," Economic Journal, Royal Economic Society, vol. 113(485), pages 34-63, February.
    2. Eric A. Hanushek, 1998. "What money can't buy: Family income and children's life chances," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 17(3), pages 535-538.
    3. Mizala, Alejandra & Urquiola, Miguel, 2013. "School markets: The impact of information approximating schools' effectiveness," Journal of Development Economics, Elsevier, vol. 103(C), pages 313-335.
    4. Alejandra Mizala & Miguel Urquiola, 2007. "Parental choice and school markets: The impact of information approximating school effectiveness," Documentos de Trabajo 239, Centro de Economía Aplicada, Universidad de Chile.

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