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Equalization of Expenditures and the Demand for Local Public Education: The Case of New Jersey

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  • Sharon Bernstein Megdal

    (University of Arizona)

Abstract

This article focuses on the goal of equalization of educational expenditures up to a minimum. The distribution of expenditures produced by three different aid formulas is examined. The response of local school districts to receipt of aid revenues is discussed, and an aid disbursement formula that could promote compliance with the aforementioned goal is proposed.

Suggested Citation

  • Sharon Bernstein Megdal, 1983. "Equalization of Expenditures and the Demand for Local Public Education: The Case of New Jersey," Public Finance Review, , vol. 11(3), pages 365-376, July.
    • Handle: RePEc:sae:pubfin:v:11:y:1983:i:3:p:365-376
    DOI: 10.1177/109114218301100306
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    References listed on IDEAS

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    1. Sharon Megdal, 1983. "The determination of local public expenditures and the principal and agent relation: A case study," Public Choice, Springer, vol. 40(1), pages 71-87, January.
    2. Feldstein, Martin S, 1975. "Wealth Neutrality and Local Choice in Public Education," American Economic Review, American Economic Association, vol. 65(1), pages 75-89, March.
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    Cited by:

    1. Robert P. Inman, 1997. "Editor's introduction," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 16(1), pages 1-9.
    2. Duncombe, William & Yinger, John, 1998. "School Finance Reform: Aid Formulas and Equity Objectives," National Tax Journal, National Tax Association, vol. 51(n. 2), pages 239-62, June.
    3. Duncombe, William & Yinger, John, 1998. "School Finance Reform: Aid Formulas and Equity Objectives," National Tax Journal, National Tax Association;National Tax Journal, vol. 51(2), pages 239-262, June.

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