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David Figlio
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Journal Articles
Publisher: Journals Gateway
Education Finance and Policy 1–77.
Published: 04 April 2024
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We examine the effects that household exposure to housing price declines, captured by measures of negative equity, have on children's academic performance, using data on public school students and housing transactions from the State of Florida. Our empirical strategy exploits variation over time in the timing of family moves to account for household sorting into neighborhoods and schools and selection into initial mortgage terms. In contrast to the existing literature on the effects of foreclosure, we find that students with the highest risk of negative equity exhibit significantly higher test score growth, with the largest effects among Black students and students qualifying for free or reduced-priced lunch. We find evidence supporting two underlying mechanisms: (1) families in negative equity may reduce the impact of income losses on consumption by forgoing mortgage payments, and (2) families exposed to high levels of negative equity may move to schools that received higher average school report card grades. While negative equity and foreclosure are undesirable, negative equity may have encouraged homeowners to forgo mortgage payments to mitigate the impact of the Great Recession, and temporarily reduced the housing market barriers low-income households faced in accessing educational opportunities.
Includes: Supplementary data
Journal Articles
Publisher: Journals Gateway
Education Finance and Policy (2020) 15 (4): 648–674.
Published: 01 October 2020
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We use matched birth records and longitudinal student records in Florida to investigate whether first-, second-, and third-generation Asian and Hispanic immigrants have different educational success (measured by test scores, disciplinary problems, truancy, high school graduation, and college readiness). We find that, for both Asian and Hispanic students, early-arriving first generation immigrants perform better than do second-generation immigrants, who perform better than third-generation immigrants. The earlier the arrival, the better the students tend to perform. There is therefore a general pattern of successively reduced achievement in the generations following the generation that immigrated to the United States.
Includes: Supplementary data
Journal Articles
Publisher: Journals Gateway
Education Finance and Policy (2019) 14 (3): 383–413.
Published: 01 July 2019
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Educational accountability policies are a popular tool to close the achievement gaps between advantaged and disadvantaged students. However, these policies may exacerbate inequality if families from advantaged backgrounds are better able to advocate for their children and thus circumvent policy. We investigate this possibility in the context of the early grade retention policy in Florida, which requires all students with reading skills below grade level to be retained in the third grade, yet grants exemptions under special circumstances. We find that Florida's third-grade retention policy is in fact enforced differentially depending on children's socioeconomic background, especially maternal education. Holding exemption eligibility constant, scoring right below the promotion cutoff results in an increase in the probability of retention that is 14 percent greater for children whose mothers have less than a high school degree compared with children whose mothers have a bachelor's degree or more. We also find that the discrepancies in retention rates are mainly driven by the fact that students with well-educated mothers are more likely to be promoted based on subjective exemptions, such as teacher portfolios.
Journal Articles
Publisher: Journals Gateway
Education Finance and Policy (2017) 12 (2): 129–136.
Published: 01 April 2017
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Thanks to extraordinary and exponential improvements in data storage and computing capacities, it is now possible to collect, manage, and analyze data in magnitudes and in manners that would have been inconceivable just a short time ago. As the world has developed this remarkable capacity to store and analyze data, so have the world's governments developed large-scale, comprehensive datafiles on tax programs, workforce information, benefit programs, health, and education. Although these data are collected for purely administrative purposes, they represent remarkable new opportunities for expanding our knowledge. We describe some of the benefits and challenges associated with the use of administrative data in education research.