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Economic Brief

Aug. 5, 2020

Richmond Fed Research Suggests Better Schools Could Bolster Rural Populations

The Richmond Fed’s latest Economic Brief finds that better educational outcomes for students in rural areas of the United States are associated, on average, with greater migration into those areas.

The brief highlights the first national study of the relationship between school quality and migration flows into and out of rural areas. The researchers note that while some drivers of migration are largely outside the control of policymakers, state and local governments can pursue policies that improve the quality of public schools.

The Richmond Fed’s Economic Brief series provides essays on economic issues and trends. Sign up to receive an email notification when a new essay is posted.

As part of our nation’s central bank, the Richmond Fed is one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy and deliver on our mission to foster economic stability and strength. We connect with community and business leaders across the Fifth Federal Reserve District — including the Carolinas, District of Columbia, Maryland, Virginia, and most of West Virginia — to monitor economic conditions, address issues facing our communities, and share this information with monetary and financial policymakers. We also work with banks to ensure they are operating safely and soundly, supply financial institutions with currency that’s fit for distribution, and provide a safe and efficient way to transfer funds through our nation’s payments system.


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