Machin, Stephen (2011) Houses and schools: valuation of school quality through the housing market: EALE 2010 presidential address. Centre for Economic Performance occasional papers (CEPOP29). London School of Economics and Political Science. Centre for Economic Performance, London, UK.
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Abstract
This paper offers a critical appraisal of the now sizable empirical literature that values school quality and performance through housing valuations. This literature consistently finds housing valuations to be significantly higher in places where measured school quality is higher, implying a strong parental willingness to pay to get their children educated in better performing schools. This conclusion emerges from studies undertaken in a number of countries, using a variety of identification strategies, and at different parts of the education sequence that children follow.
| Item Type: | Monograph (Report) |
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| Official URL: | http://cep.lse.ac.uk/ |
| Additional Information: | © 2011 The Author |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor University Structure > Language Centre |
| JEL classification: | H - Public Economics > H4 - Publicly Provided Goods R - Urban, Rural, and Regional Economics > R2 - Household Analysis > R21 - Housing Demand |
| Date Deposited: | 23 Nov 2012 10:15 |
| Last Modified: | 15 Sep 2023 22:18 |
| URI: | http://eprints.lse.ac.uk/id/eprint/47495 |
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