Saving the American Dream? Education Policies in Spatial General Equilibrium

Children's education and economic opportunities differ substantially across US neighborhoods. This paper develops and estimates a spatial equilibrium model that links children's education outcomes to their childhood location. Two endogeno...

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Main Authors:	Eckert, Fabian, Kleineberg, Tatjana
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	EDUCATION QUALITY INTERGENERATIONAL MOBILITY EQUALITY OF OPPORTUNITY ACCESS TO EDUCATION EDUCATION REFORM LABOR MARKET ECONOMIC GEOGRAPHY SPATIAL ECONOMICS
Online Access:	http://documents.worldbank.org/curated/en/966501615382476637/Saving-the-American-Dream-Education-Policies-in-Spatial-General-Equilibrium http://hdl.handle.net/10986/35252

id	okr-10986-35252
recordtype	oai_dc
spelling	okr-10986-352522022-09-20T00:10:17Z Saving the American Dream? Education Policies in Spatial General Equilibrium Eckert, Fabian Kleineberg, Tatjana EDUCATION QUALITY INTERGENERATIONAL MOBILITY EQUALITY OF OPPORTUNITY ACCESS TO EDUCATION EDUCATION REFORM LABOR MARKET ECONOMIC GEOGRAPHY SPATIAL ECONOMICS Children's education and economic opportunities differ substantially across US neighborhoods. This paper develops and estimates a spatial equilibrium model that links children's education outcomes to their childhood location. Two endogenous factors determine education choices in each location: local education quality and local labor market access. This paper estimates the model with US county-level data and studies the effects of a school funding equalization on education outcomes and social mobility. The reform's direct effects improve education outcomes among children from low-skill families. However, the effects are weaker in spatial general equilibrium because average returns to education decline and residential and educational choices of low-skill families shift them toward locations with lower education quality. 2021-03-11T15:09:21Z 2021-03-11T15:09:21Z 2021-03 Working Paper http://documents.worldbank.org/curated/en/966501615382476637/Saving-the-American-Dream-Education-Policies-in-Spatial-General-Equilibrium http://hdl.handle.net/10986/35252 English Policy Research Working Paper;No. 9574 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper United States
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	EDUCATION QUALITY INTERGENERATIONAL MOBILITY EQUALITY OF OPPORTUNITY ACCESS TO EDUCATION EDUCATION REFORM LABOR MARKET ECONOMIC GEOGRAPHY SPATIAL ECONOMICS
spellingShingle	EDUCATION QUALITY INTERGENERATIONAL MOBILITY EQUALITY OF OPPORTUNITY ACCESS TO EDUCATION EDUCATION REFORM LABOR MARKET ECONOMIC GEOGRAPHY SPATIAL ECONOMICS Eckert, Fabian Kleineberg, Tatjana Saving the American Dream? Education Policies in Spatial General Equilibrium
geographic_facet	United States
relation	Policy Research Working Paper;No. 9574
description	Children's education and economic opportunities differ substantially across US neighborhoods. This paper develops and estimates a spatial equilibrium model that links children's education outcomes to their childhood location. Two endogenous factors determine education choices in each location: local education quality and local labor market access. This paper estimates the model with US county-level data and studies the effects of a school funding equalization on education outcomes and social mobility. The reform's direct effects improve education outcomes among children from low-skill families. However, the effects are weaker in spatial general equilibrium because average returns to education decline and residential and educational choices of low-skill families shift them toward locations with lower education quality.
format	Working Paper
author	Eckert, Fabian Kleineberg, Tatjana
author_facet	Eckert, Fabian Kleineberg, Tatjana
author_sort	Eckert, Fabian
title	Saving the American Dream? Education Policies in Spatial General Equilibrium
title_short	Saving the American Dream? Education Policies in Spatial General Equilibrium
title_full	Saving the American Dream? Education Policies in Spatial General Equilibrium
title_fullStr	Saving the American Dream? Education Policies in Spatial General Equilibrium
title_full_unstemmed	Saving the American Dream? Education Policies in Spatial General Equilibrium
title_sort	saving the american dream? education policies in spatial general equilibrium
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/966501615382476637/Saving-the-American-Dream-Education-Policies-in-Spatial-General-Equilibrium http://hdl.handle.net/10986/35252
_version_	1764482645544140800

Saving the American Dream? Education Policies in Spatial General Equilibrium

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