Aggregation and the Estimated Effects of School Resources
AbstractThis paper attempts to reconcile the contradictory findings in the dabate over school resources and school effectiveness by highlighting the role of aggregation in the presence of omitted variables bias. While data aggregation for well-specified linear models yields unbiased parameter estimates, aggregation alters the magnitude of any omitted variables bias.
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Bibliographic InfoPaper provided by University of Rochester - Center for Economic Research (RCER) in its series RCER Working Papers with number 397.
Length: 32 pages
Date of creation: 1995
Date of revision:
Contact details of provider:
Postal: University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A.
EDUCATION ; EDUCATIONAL COSTS ; EDUCATIONAL FINANCING;
Other versions of this item:
- Hanushek, Eric A & Rivkin, Steven G & Taylor, Lori L, 1996. "Aggregation and the Estimated Effects of School Resources," The Review of Economics and Statistics, MIT Press, vol. 78(4), pages 611-27, November.
- Eric A. Hanushek & Steven G. Rivkin & Lori L. Taylor, 1996. "Aggregation and the Estimated Effects of School Resources," NBER Working Papers 5548, National Bureau of Economic Research, Inc.
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
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- Hanushek, E.A. & Rivkin, S.G., 1994. "Understanding the 20th Century Explosion in U.S. School Costs," RCER Working Papers, University of Rochester - Center for Economic Research (RCER) 388, University of Rochester - Center for Economic Research (RCER).
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