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Ferraz, Claudio; Finan, Frederico; Moreira, Diana B. – National Bureau of Economic Research, 2012
This paper examines if money matters in education by looking at whether missing resources due to corruption affect student outcomes. We use data from the auditing of Brazil's local governments to construct objective measures of corruption involving educational block grants transferred from the central government to municipalities. Using variation…
Descriptors: Municipalities, Audits (Verification), Standardized Tests, Foreign Countries