Spending More on the Poor? A Comprehensive Summary of State-Specific Responses to School Finance Reforms from 1990-2014
Published in Education Finance & Policy, 2023
In this study, we estimate the effects of SFRs on revenues and expenditures between 1990 and 2014 for twenty-six states. We find that, on average, per pupil spending increased, especially in low-income districts relative to high-income districts. However, underlying these average effect estimates, the distribution of state-level effect sizes ranges from negative to positive—there is substantial heterogeneity. Read more
Recommended citation: Shores, K. A., Candelaria, C. A., & Kabourek, S. E. (2023). Spending More on the Poor? A Comprehensive Summary of State-Specific Responses to School Finance Reforms from 1990–2014. Education Finance & Policy. 18(3), 395-422. https://doi.org/10.1162/edfp_a_00360
Prioritizing School Finance Equity during an Economic Downturn: Recommendations for State Policy Makers
Published in Education Finance & Policy, 2022
We show that (1) school districts are racially segregated along class lines; (2) higher-poverty districts receive a greater share of funds from state, as opposed to local sources, making them especially vulnerable during economic downturns; and (3) many states made across-the-board K–12 budget reductions following the Great Recession, but those cuts disproportionately impacted high-poverty districts. Read more
Recommended citation: Knight, D. S., Hassairi, N., Candelaria, C. A., Sun, M., & Plecki, M. L. (2022). Prioritizing School Finance Equity during an Economic Downturn: Recommendations for State Policymakers. Education Finance and Policy, Education Finance & Policy. 17(1), 188-199. https://doi.org/10.1162/edfp_a_00356
Get Real! Inflation Adjustments of Educational Finance Data
Published in Educational Researcher, 2019
Researchers have linked the Consumer Price Index (CPI) to three different dates: fall, spring, and academic fiscal years. We demonstrate that linking the CPI to these different academic years results in identifying different trends in U.S. educational spending during the Great Recession. We provide an easy-to-use software package to facilitate implementation of National Center for Education Statistics guidelines. Read more
Recommended citation: Shores, K. A., & Candelaria, C. A. (2020). Get Real! Inflation Adjustments of Educational Finance Data. Educational Researcher, 49(1), 71-74. https://doi.org/10.3102/0013189X19890338
Court-Ordered Finance Reforms in the Adequacy Era: Heterogeneous Causal Effects and Sensitivity
Published in Education Finance & Policy, 2019
Seven years after reform, the highest poverty quartile in a treated state experienced an 11.5 percent to 12.1 percent increase in per-pupil spending, and a 6.8 to 11.5 percentage point increase in graduation rates. We subject our benchmark model to various sensitivity tests. Estimates range, in most cases, from 6 to 12 percentage points for graduation rates. Read more
Recommended citation: Candelaria, C. A., & Shores, K. A. (2019). Court-Ordered Finance Reforms in the Adequacy Era: Heterogeneous Causal Effects and Sensitivity. Education Finance and Policy, 14(1), 31-60. https://doi.org/10.1162/edfp_a_00236
Bank Linkages and International Trade
Published in Journal of International Economics, 2018
We find that new bank linkages have larger impacts on trade in industries which tend to be subject to more export risk. For U.S. banks, we can show that bank linkages are positively associated with foreign letter of credit exposures. Read more
Recommended citation: Caballero, J., Candelaria, C. A., & Hale, G. B. (2018). Bank Linkages and International Trade. Journal of International Economics, 115, 30–47. https://doi.org/10.1016/j.jinteco.2018.08.006
The Effects of No Child Left Behind on Children’s Socioemotional Outcomes
Published in AERA Open, 2017
We find that the introduction of high-stakes test accountability did not have consistent significant effects on these socioemotional outcomes. These findings can help states address concerns and motivate further research on potential unintended consequences of revised accountability systems under the Every Student Succeeds Act. Read more
Recommended citation: Whitney, C. R., & Candelaria, C. A. (2017). The Effects of No Child Left Behind on Children's Socioemotional Outcomes. AERA Open, 3(3), 1-21. https://doi.org/10.1177/2332858417726324
Persistence of Regional Wage Differences in China
Published in Pacific Economic Review, 2015
We find that some of the cross-province differences in real wages could be related to the quality of labour, industry composition and geographic location of provinces. These factors, taken together, explain approximately half of the cross-province real wage variation. Read more
Recommended citation: Candelaria, C. A., Daly, M. & Hale, G. (2015). Persistence of Regional Wage Differences in China. Pacific Economic Review, 20(3), 365-387. https://doi.org/10.1111/1468-0106.12113