Shirin A. Hashim, Thomas J. Kane, Thomas Kelley-Kemple, Mary E. Laski, Douglas O. Staiger

NBER Working Paper No. 27714
Issued in August 2020

---- Acknowledgments ----

A grant from the Walton Family Foundation supported Mary Laski and Shirin Hashim. Pre-doctoral training grant R305B150010-16 from the Institute of Education Sciences at the U.S. Department of Education supported Thomas Kelley-Kemple. We thank Aimee Chen, Janet Currie, David Deming, John Friedman, David Grissmer, Eric Hanushek, Caroline Hoxby, Dan Koretz, Eric Nielsen, Paul Peterson, Steve Raudenbush, Sarah Reber, Jesse Rothstein, Sarah Turner, Jim Wyckoff and seminar participants at the University of Virginia, Harvard Graduate School of Education and the 2020 NBER Summer Institute for helpful comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Douglas O. Staiger ----

Douglas Staiger is a co-founder, consults for, and holds an equity interest in ArborMetrix, Inc., a company that sells efficiency measurement systems and consulting services to insurers and hospitals.

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