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Schools and Stimulus - Review

This article analyzes the impact of the education funding component of the American Recovery and Reinvestment Act of 2009 (Recovery Act) on public school districts. We use cross-sectional differences in district-level Recovery Act funding to investigate the program’s impact on staffing, expenditures, and debt accumulation. 

research.stlouisfed.org/publications/review/2020/05/01/schools-and-stimulus

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