External resources

Reports, books, and articles

Baker, Bruce D. 2016. Does Money Matter in Education? (second edition). Washington, D.C.: Albert Shanker Institute.

Baker, Bruce D. 2017. How Money Matters for Schools. Palo Alto, CA: Learning Policy Institute.

Baker, Bruce D. 2018. Educational Inequality and School Finance: Why Money Matters for America’s Students. Cambridge, MA: Harvard Education Press.

Baker, Bruce D., Weber, Mark, Srikanth, Ajay, Kim, Robert, and Atzbi, Michael. 2018. The Real Shame of the Nation: The Causes and Consequences of Interstate Inequity in Public School Investments. New Brunswick, NJ: Rutgers University.

Candelaria, Christopher A., and Shores, Kenneth A. 2019. Court-Ordered Finance Reforms in the Adequacy Era: Heterogeneous Causal Effects and Sensitivity. Education Finance and Policy 14(1): 31-60.

Hanushek, Eric A. 2003. The Failure of Input-Based Schooling Policies. The Economic Journal 13: F64-F98.

Jackson, C. Kirabo. 2018. Does School Spending Matter? The New Literature on an Old Question: Cambridge, MA: National Bureau of Economic Research.

Jackson, C. Kirabo, Johnson, Rucker C., and Persico, Claudia. 2016. The Effects of School Spending on Educational and Economic Outcomes. The Quarterly Journal of Economics 131(1): 157-218.

Ladd, Helen F., and Goertz, Margaret E. 2015. Handbook of Research in Education Finance and Policy. Abingdon, UK: Routledge.

Lafortune, Julien, Rothstein, Jesse, and Schanzenbach, Diane Whitmore. 2018. School Finance Reform and the Distribution of Student Achievement. American Economic Journal: Applied Economics 10(2): 1-26.

Nguyen-Hoang, Phuong, and Yinger, John. 2014. Education Finance Reform, Local Behavior, and Student Performance in Massachusetts. Journal of Education Finance 39(4): 297-322.


  1. Allovue
  2. EdBuild
  3. Education Law Center
  4. Education Trust
  5. Urban Institute Center on Education Data and Policy

Latest News

2019 Release of Database and Annual Report Now Available

April 2019: The full School Finance Indicators Database and annual report are now available to download.

Latest Annual Report

The Adequacy and Fairness of State School Finance Systems

The first edition of our annual report presenting findings from the School Finance Indicators Database for School Year 2015-2016. Released April 2019. Download the report.

Latest Research Briefs

Coming soon