Measuring the equity of school finance policies: A conceptual and empirical analysis

To measure the equity of school finance policies, numerous choices among alternative equity concepts and statistical techniques must be made. The authors develop a fram ework for equity analysis that highlights choices and interprets the choices as value judgments. Elem entary and secondary school finance data are used to show that the selection of different value judgments can have an effect on equity findings. The authors conclude with observations on the policy implications of conflicting evaluations of school finance equity.