This paper reviews and interprets the literature on the effect of
school resources on students‘ eventual earnings and educational
attainment. In addition, new evidence is presented on the impact
of the great disparity in school resources between black and white

This paper examines evidence on the effect of class size on student achievement. First, it is
shown that results of quantitative summaries of the literature, such as Hanushek (1997), depend
critically on whether studies are accorded equal weight. Hanushek summarizes…

This paper analyzes data on 11,600 students and their teachers who were randomly assigned to
different size classes from kindergarten through third grade. Statistical methods are used to
adjust for non-random attrition and transitions between classes. The main conclusions are:…

Economists attempting to explain the widening of the black-white wage gap in the late 1970's by
differences in school quality have been faced the problem that recent data reveal virtually no gap in the
quality of schools attended by blacks…