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Keywords:Education 

Journal Article
Behind the classroom door

Regional Review , Issue Spr , Pages 6-12

Journal Article
How and why does age at kindergarten entry matter?

Those who have spent time in a kindergarten classroom know that there are remarkable differences in children's skills. Research has shown that these skill differences are strongly tied to age, with students who enter kindergarten later in life doing better than younger entrants. Moreover, an "entry-age achievement gap" has been found to persist until as late as the eighth or ninth grade. ; In this Economic Letter, I describe possible interpretations of the entry-age achievement gap, along with their implications, and discuss new empirical research attempting to establish their relative ...
FRBSF Economic Letter

Working Paper
Why do households without children support local public schools? linking house price capitalization to school spending

While residents receive similar benefits from many local public expenditures, only about one-third of all households have children in the public schools. In this paper the authors argue that capitalization of school spending into house prices can encourage residents to support spending on schools, even if the residents themselves will never have children in the schools. To examine this hypothesis, the authors take advantage of differences across communities in the extent of house price capitalization based on the availability of land or population density. They show that fiscal variables and ...
Working Papers , Paper 02-10

Newsletter
Private schools and school enrollment in Chicago

Does enrollment in private school increase educational attainment? After reviewing some research on national trends concerning private (versus public) schooling, the author examines how private school options in the Chicago metropolitan area might affect academic achievement for various demographic groups.
Chicago Fed Letter , Issue Oct

Conference Paper
Improving education outcomes: in colleges, universities, and beyond: panel discussion

While most of the attention of the public, the policymakers, and this conference is on improving our K -12 education system, our higher education also needs attention. Higher education is undergoing dramatic changes that have to be considered in conjunction with the demands on and the changes in the K -12 system. Similarly, there are common needs of the two systems, and lessons from higher education should be considered in any K -12 reform proposal.
Conference Series ; [Proceedings]

Working Paper
Strengthening financial education in California: Expanding personal finance training among youth

Cross explores multiple options for expanding personal finance training among youth in California, including statewide legislation or education code changes for financial education, professional development and training for teachers on personal finance concepts, and school district adoption of financial preparedness curriculum.
Community Development Working Paper , Paper 2010-02

Working Paper
Capitalization of the quality of local public schools: what do home buyers value?

The expansion of state-mandated tests in the 1990s and the testing requirements of the No Child Left Behind Act have supplied researchers with an abundance of data on test scores that can be used as measures of school quality. This paper uses the state-mandated test scores for 5th grade and 11th grade in Montgomery County, Pennsylvania, to examine three issues about the capitalization of school quality into house prices: (1) At what level do prospective home buyers evaluate the quality of local public education?at the district level or the level of the neighborhood school? (2) After ...
Working Papers , Paper 06-15

Journal Article
School district spending and state aid: why disparities persist

Most decisions about the level of local public school spending are made by local school districts. Their choices are conditioned by local resources and the availability of external funds, mostly from state governments. A major purpose of this substantial state aid is to further the goal of equal educational opportunity by helping to make spending more equal in rich and poor districts. ; This article investigates the link between school spending disparities and state school aid by using data on school finances and community attributes to model the determinants of per-pupil operating spending ...
New England Economic Review , Issue Jan , Pages 50-68

Working Paper
Measuring the value of school quality

Working Papers , Paper 9213

Discussion Paper
Delivery of financial literacy programs

A critical challenge faced by educators, community leaders and policy makers is to bring financial literacy and consumer education effectively to their constituencies. Based on the qualitative evidence gleaned from focus groups, we take a pragmatic approach in proposing ways to deliver financial literacy programs to adults. This article makes several suggestions for implementing financial literacy programs, from outlining important financial literacy and consumer education topics to discussing the logistics of using various method of outreach activities.
Consumer and Community Affairs Policy Studies , Paper 2000-7

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