Research " On Fiscal Discipline and the Choice of Exchange Rate Regine "

On Fiscal Discipline and the Choice of Exchange Rate Regine This result conflicts with a well-known recent result from Hoxby (2000a), who argues that metropolitan areas with less centralized educational governance, and therefore more competition among local school districts, produce better student outcomes at lower cost. In Chapter Two, I attempt to get to the bottom of the discrepancy. I reanalyze a portion of Hoxby’s data, and find reason to suspect the validity of her conclusions. I am unable to reproduce her results, which appear to be quite sensitive to the exact sample and specification used....