Full Citation

Title: The Valuation of Local School Quality under School Choice

Citation Type: Journal Article

Publication Year: 2022

ISBN:

ISSN: 1945-7731

DOI: 10.1257/POL.20200678

NSFID:

PMCID:

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Abstract: School choice programs break the link between residential location and school attendance, and should weaken the capitalization of school quality into house prices. For the first time, I quantify the effect of one such program—charter school expansions—across several states using a dataset covering charter entries and house prices. I embed an event study of charter entry into a boundary discontinuity design and find that, on average, school choice decreases the valuation of traditional schools by four percentage points. Suggestive evidence shows school choice can lead to neighborhood change through resorting as school boundaries become less important.

Url: https://www.aeaweb.org/articles?id=10.1257/pol.20200678

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Authors: Zheng, Angela

Periodical (Full): American Economic Journal: Economic Policy

Issue: 2

Volume: 14

Pages: 537

Data Collections: IPUMS NHGIS

Topics: Education, Housing and Segregation

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