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Aggregation and the Estimated Effects of School Resources

Author

Listed:
  • Hanushek, E-A
  • Rivkin, S-G
  • Taylor, L-L

Abstract

This 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.

Suggested Citation

  • Hanushek, E-A & Rivkin, S-G & Taylor, L-L, 1995. "Aggregation and the Estimated Effects of School Resources," RCER Working Papers 397, University of Rochester - Center for Economic Research (RCER).
    • Handle: RePEc:roc:rocher:397
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    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid

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