How much does school spending depend on family income?

Article Abstract:

Government spending for public elementary and secondary schools have undergone recent changes which have clearly affected the economy. Parents' income significantly affects and determines the amount of money afforded for per-pupil spending in elementary and secondary schools. The second dilemma involves the probable elimination of property tax, which has been the major source of revenue for public schools. There has been no statistical evidence of a relationship between parents' income and per-pupil spending in Massachusetts in 1990. Per-pupil valuation substantially influence per-pupil spending.

Elementary and secondary schools, Secondary Schools, Public, Elementary Schools, Public, Finance, High schools, Public schools, Elementary schools

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The impact of educational standards on the level and distribution of earnings

Article Abstract:

A model is derived to analyze the impact of educational standards on earnings. It is shown that an egalitarian policy maker may set higher educational standards compared to an income-maximizing planner if workers possess different abilities and firms cannot perceive individual workers' productivity. This argument is based on the finding that if workers vary in ability, then increased standards will improve the earnings of both able and least able workers.

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Reorganization of firms and labor-market inequality

Article Abstract:

The restructuring of a manufacturing process from a division of labor type to a more complex pattern is expected to create new concepts on wage inequality. The reengineered corporation, characterized by a flatter structure, multi-tasking capabilities and high-technology communication and production equipment will narrow the wage gap between workers. Savings will also be acquired due to the elimination of middle management positions.

Economic aspects, Corporate reorganizations, Reengineering (Management)

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