@EdWorkingPaper{ai19-18,
title = "Delayed Benefits: Effects of California School District Bond Elections on Achievement by Socioeconomic Status",
author = "Emily Rauscher",
institution = "Annenberg Institute at Brown University",
number = "18",
year = "2019",
month = "May",
URL = "http://www.edworkingpapers.com/ai19-18",
abstract = {Contradictory evidence of the relationship between education funding and student achievement could reflect heterogeneous effects by revenue source or student characteristics. This study examines potential heterogeneous effects of a particular type of local revenue – bond funds for capital investments – on achievement by socioeconomic status. Comparing California school districts within a narrow window on either side of the cutoff of voter support required to pass a general obligation bond measure, this study uses dynamic regression discontinuity models to estimate effects of passing a bond on academic achievement among low- and high-SES students. Results consistently suggest that passing a bond measure increases achievement among low- but not high-SES students. However, these benefits for low-SES students are delayed and emerge 6 years after an election.},
}