Capitalization of school quality into housing prices: Evidence from Boston Public School district walk zones

被引：21
|
作者：
La, Vincent [1 ]
机构：
[1] Fed Reserve Board, Washington, DC 20551 USA
来源：
ECONOMICS LETTERS | 2015年 / 134卷
关键词：
Housing demand; School quality; Capitalization;
D O I：
10.1016/j.econlet.2015.07.001
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using Boston Public School District's unique walk zone feature to better account for unobservables, I estimate a significant positive effect of school quality on house sale prices. This effect increases for homes more likely to be bought by families with children and diminishes in areas with already oversubscribed schools. Published by Elsevier B.V.
引用
收藏
页码：102 / 106
页数：5
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