Question: Many state constitutions explicitly require that states provide an adequate
Many state constitutions explicitly require that states provide an “adequate” level of school funding. How might raising this level of “adequacy” actually lead to reduced overall levels of educational spending?
Answer to relevant QuestionsEpple and Romano (2003) described theoretical evidence that school vouchers will lead to “cream-skimming,” where private schools will pick off the better students and leave public schools with lower-ability average ...What is consumption smoothing? How does insurance help people smooth consumption? Currently, in order to receive workers’ compensation, a claimant’s injury claims must be verified by a physician of the claimant’s choosing. Suppose that the workers’ compensation policy changed so that only ...The government of Westlovakia has just reformed its social security system. This reform changed two aspects of the system: (1) It abolished its actuarial reduction for early retirement, and (2) it reduced the payroll tax by ...Dominitz, Manski, and Heinz (2003) present survey evidence suggesting that young Americans are extremely uncertain about the likelihood that they will receive any Social Security benefits at all. How might demographic trends ...
Post your question