Publication:
Saving the American Dream? Education Policies in Spatial General Equilibrium

dc.contributor.author Eckert, Fabian
dc.contributor.author Kleineberg, Tatjana
dc.date.accessioned 2021-03-11T15:09:21Z
dc.date.available 2021-03-11T15:09:21Z
dc.date.issued 2021-03
dc.description.abstract Children's education and economic opportunities differ substantially across US neighborhoods. This paper develops and estimates a spatial equilibrium model that links children's education outcomes to their childhood location. Two endogenous factors determine education choices in each location: local education quality and local labor market access. This paper estimates the model with US county-level data and studies the effects of a school funding equalization on education outcomes and social mobility. The reform's direct effects improve education outcomes among children from low-skill families. However, the effects are weaker in spatial general equilibrium because average returns to education decline and residential and educational choices of low-skill families shift them toward locations with lower education quality. en
dc.identifier http://documents.worldbank.org/curated/en/966501615382476637/Saving-the-American-Dream-Education-Policies-in-Spatial-General-Equilibrium
dc.identifier.uri http://hdl.handle.net/10986/35252
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper;No. 9574
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject EDUCATION QUALITY
dc.subject INTERGENERATIONAL MOBILITY
dc.subject EQUALITY OF OPPORTUNITY
dc.subject ACCESS TO EDUCATION
dc.subject EDUCATION REFORM
dc.subject LABOR MARKET
dc.subject ECONOMIC GEOGRAPHY
dc.subject SPATIAL ECONOMICS
dc.title Saving the American Dream? Education Policies in Spatial General Equilibrium en
dc.type Working Paper en
dc.type Document de travail fr
dc.type Documento de trabajo es
dspace.entity.type Publication
okr.date.disclosure 2021-03-10
okr.doctype Publications & Research
okr.doctype Publications & Research :: Policy Research Working Paper
okr.docurl http://documents.worldbank.org/curated/en/966501615382476637/Saving-the-American-Dream-Education-Policies-in-Spatial-General-Equilibrium
okr.identifier.doi 10.1596/1813-9450-9574
okr.identifier.externaldocumentum 090224b088397468_1_0
okr.identifier.internaldocumentum 32898532
okr.identifier.report WPS9574
okr.imported true en
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/966501615382476637/pdf/Saving-the-American-Dream-Education-Policies-in-Spatial-General-Equilibrium.pdf en
okr.region.country United States
okr.statistics.combined 731
okr.statistics.dr 966501615382476637
okr.statistics.drstats 393
okr.topic Education :: Economics of Education
okr.topic Education :: Education For All
okr.topic Education :: Education Reform and Management
okr.topic Education :: Effective Schools and Teachers
okr.topic Macroeconomics and Economic Growth :: Spatial and Local Economic Development
okr.topic Rural Development :: Rural Labor Markets
okr.topic Social Protections and Labor :: Labor Markets
okr.unit Development Research Group, Development Economics
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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