@EdWorkingPaper{ai22-587, title = "What is a School Finance Reform? Uncovering the ubiquity and diversity of school finance reforms using a Bayesian changepoint estimator", author = "Christopher A. Candelaria, Shelby M. McNeill, Kenneth A. Shores", institution = "Annenberg Institute at Brown University", number = "587", year = "2022", month = "June", URL = "http://www.edworkingpapers.com/ai22-587", abstract = {School finance reforms are not well defined and are likely more prevalent than the current literature has documented. Using a Bayesian changepoint estimator, we quantitatively identify the years when state education revenues abruptly increased for each state between 1960 and 2008 and then document the state-specific events that gave rise to these changes. We find 108 instances of abrupt increases in state education revenues across 43 states; about one-quarter of these changes had been undocumented. Half of the abrupt increases that occurred post-1990 were preceded by litigation-prompted legislative activity, and Democrat-party control of a state increases the probability of a changepoint occurring by 8 percentage points.}, }