IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Educational Policy and Intergenerational Policy

Listed author(s):
  • Tomoaki Kotera

    (University of Wisconsin, Madison)

  • Ananth Seshadri

    (University of Wisconsin, Madison)

In the United States, there is considerable variation in intergenerational mobility across states. We argue that educational policy and the distribution of public school spending across school districts is important to understand intergenerational mobility within the United States. We build a dynamic model in which districts vote over spending per pupil and school finance systems determine spending. We embed this model with median voting at the district level with a fairly standard Ben Porath model of human capital accumulation later in life. Our model can replicate the correlation between average public school spending per pupil and intergenerational mobility. Counterfactual simulations suggest that i) the distribution of public school spending across school districts plays an important role in explaining the correlation between average public school spending per pupil and rank-rank slope and ii) switching to full state funding in every state improves intergenerational mobility significantly and the negative relationship between intergenerational mobility and public school spending no longer exists. We conclude that educational policy is an important factor in explaining intergenerational mobility. (Copyright: Elsevier)

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: Access to full texts is restricted to ScienceDirect subscribers and institutional members. See for details.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Elsevier for the Society for Economic Dynamics in its journal Review of Economic Dynamics.

Volume (Year): 25 (2017)
Issue (Month): (April)
Pages: 187-207

in new window

Handle: RePEc:red:issued:16-94
DOI: 10.1016/
Contact details of provider: Postal:
Marina Azzimonti, Department of Economics, Stonybrook University, 10 Nicolls Road, Stonybrook NY 11790 USA

Web page:

More information through EDIRC

Order Information: Web: Email:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:red:issued:16-94. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.