Brown Bag Series: Chuanyi Guo
November 30, 2018
12:00 PM - 1:00 PM
Bring your lunch and join us for our brown bag series.
Title:
The Impact of State Financial Intervention on School District Fiscal Performance: Evidence from a Regression Discontinuity Design
Presented by Chuanyi Guo, PhD Candidate, Department of Economics, University of Illinois at Chicago
Abstract:
This paper estimates the causal effect of state financial intervention on fiscal performance of monitored school districts by using district-level administrative data from Illinois State Board of Education. Utilizing the system design that only low-performing districts receive intervention from the state, I employ a regression discontinuity approach by using the exogenous variation in state intervention generated by the cutoffs for each of the five financial indicators introduced in the system to evaluate fiscal positions and determine intervention. Results indicate that there are precisely zero effects on future financial outcomes of school districts. However, I document statistically significant positive impacts on financial indicators reflecting long-run fiscal health in a relatively long term for elementary school districts and accrual-basis school districts.
Date posted
Nov 19, 2018
Date updated
Nov 20, 2018