Years ago, it became established that the severity and length of the Great Depression were due largely to misguided Federal Reserve monetary policy and the resulting catastrophic bank failures. This result is confirmed by surveys of scholars in the area and books specifically written on economic history. Yet the leading textbooks used in high…

Little research has examined how K-12 fiscal accountability policies and practices intersect with district finances and student outcomes during periods of economic crises. Employing a critical policy analysis perspective that distinguishes between the concepts of fiscal accountability and fiscal austerity and differences-in-differences and event…

Prior research has found that economic downturns have positive effects on new teacher quality, but has not been able to determine the extent to which this relationship arises from a supply response (increased quantity or positive selection of teaching candidates) vs. a demand response (selection in hiring enabled by falling demand). In this paper,…

This article studies a sample of displaced workers during the deep 1990s recession in Sweden and estimates the effect of secondary-level adult education on tertiary-level educational attainment. Plant closures and mass layoffs are used to identify job separations unrelated to individual productivity. Results indicate a large positive effect of…

Increased state spending and one-time federal pandemic funds have contributed to record K-12 funding levels in recent years. The state of California provides the majority of K-12 funding for the state. California's per pupil spending is slightly above the national average. California's school funding formula allocates additional funding to…

The purpose of the study focused on analyzing how high school students perceive the topics of money management, savings and investment. For this purpose, it was necessary to use the instrument designed by the National Commission of Retirement Savings Systems (2017) from which the items on money management, savings and investment were taken. The…

In the summer of 2018, the author interviewed 10 senior high school students in Nelson, a small city of 15,000 located in the West Kootenay Mountains of southeastern British Columbia that is known for having progressive politics. Nelson is also known for having a unique history -- situated in the heart of the traditional territories of the Sinixt…

This article uses ethnographic data to examine the schooling experiences of Latinx emergent bilinguals and the educators who worked with them at a mid-size high school in a small Wisconsin city. Using Critical Race Theory, I argue that as tensions have increased in recent years from school funding cuts, deindustrialization, and demographic shifts,…

This dissertation consists of two chapters, both of which study the wealth inequality using heterogenous agent general equilibrium model. In particular, the first chapter focuses on a government policy and its implications on wealth inequality. The second chapter incorporates cost to high return assets to generate realistic wealth mobility in the…

Data from past economic downturns show that "recession graduates"--those graduating from high school or college during a recession--may have worse outcomes in earnings and health for years or even decades to come. MDRC sought to work with stakeholders to better understand the challenges recent graduates are facing in the current context…

The nine counties of the San Francisco Bay Area enjoy the greatest advantages of the innovation economy. The Bay Area accounted for nearly $1 trillion in economic productivity in 2018; the only metropolitan area with a higher per-capita gross domestic product was oil-rich and comparatively tiny Midland, Texas. Unemployment in most Bay Area…

For many years the co-operative education program at Madison Park Technical Vocational High School in Boston has fallen short of supporters' hopes for it. The number of students it placed in paid jobs with local employers was often below that of co-op programs at other career vocational technical education (CVTE) schools and mostly focused on…

This report focuses on the college choice process of 1,251 Illinois high school seniors (Class of 2022) who were intending to attend a four-year college in Fall 2022. The survey was conducted in the summer of 2022. In this report, the authors use survey responses to answer the following questions: (1) What general factors do diverse groups of…

Purpose: This article examines the prevalence of six economic terms in 17 Swedish upper-secondary school textbooks and how the language shifts between everyday and scientific language. Variations regarding content in the textbooks used in vocational programmes and preparatory programmes for higher education are also investigated. Design: Powerful…

Context: After the Eurozone crisis unfolded a decade ago, comparative political economy has investigated reforms of public administration, labour market, welfare state and economic policy particularly in Southern European nations which were hit hardest by the crisis. However, analyses of skill formation reform, particularly vocational education…