ECON 151 Lecture Notes - Lecture 35: School Choice, Caroline Hoxby, Confidence Interval
22 Nov 2020
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Document Summary
Shows before and after reform where x=0 is reform. Confidence interval includes 0 then doesn"t include 0 so significant. Means that before the reform, there was no difference in terms of resources (resources were similar in treatment districts and control districts) After reform, there is a strong difference increase of resources in treatment districts. shows the difference between the mean of q1 and q5 used money on other resources/infrastructure. Resources increased in average +1250 $ per student. Resources increased more for q1, +710$ compared with q5. States resources did not crowd out other resources (local or federal) resources went in class-size reduction, capital outlays (renovation) Performance of q1 increased and performance of q5 remain the same. Gap declined to 0. 013 (column 6) shows that the resources do increase the performance in schools. School choice: a tide that lifts all boats Caroline hoxby (stanford professor) is one of the main proponent of school choice in the us:
