NBER WORKING PAPER SERIESTHE EFFECT OF MANDATED STATE EDUCATION SPENDINGON TOTAL LOCAL RESOURCESKatherine Baicker Nora GordonWorking Paper
10701http://www.nber.org/papers/w10701 NATIONAL BUREAU OF ECONOMIC RESEARCH1050 Massachusetts AvenueCambridge, MA 02138August 2004
The authors thank Sandy Black, Julie Cullen, Julia Darby, Tom Downes, Therese McGuire, Holger Sieg, andseminar participants at Northwestern University, the American Education Finance Association, and TAPESfor many helpful suggestions. Jennifer Poole provided excellent research assistance. Gordon gratefullyacknowledges support from the Spencer Foundation and the William and Flora Hewlett Foundation, throughthe Advanced Studies Fellowship Program at Brown University. Baicker gratefully acknowledges supportfrom the Rockefeller Center at Dartmouth. The content of this paper is solely the responsibility of the authors.The views expressed herein are those of the author(s) and not necessarily those of the National Bureau of Economic Research.©2004 by Katherine Baicker and Nora Gordon. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is givento the source.