Brings together ten papers by researchers who tackle economic issues surrounding school accountability reforms. The papers in this volume employ relevant microeconomic analysis and econometric techniques to provide an understanding of the vital economic and public policy issues. It is aimed at researchers in business, economics, and other fields.

This book covers a wide range of topics in education finance. It is designed to introduce the literature on education finance to scholars and prospective scholars and can be used as a textbook for a graduate-level education finance class. The topics in the book include the incidence of the property tax as a source of revenue for elementary and secondary education, how much more it costs to reach a state's education targets in a high-poverty school district than in a rich district, the design of state education aid programs, the impact of school quality on house values, the cost implications of school district consolidations, and the impact of state aid on school infrastructure.

This yearbook focuses on alternative ways to measure how well schools are educating their students, delivering what parents want, and using resources efficiently.

Argues for a more valid and democratic approach to assessment and accountability.