School Quality, Local Budgets, and Property Values : A Re-Examination of Capitalization.
This paper uses newly available quality-controlled house price indexes to estimate the extent of capitalization of both taxes and services by looking at the relationship between changes in house prices and changes in school quality, non-school spending, and taxes.
Year of publication: |
1995
|
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Authors: | Bradbury, K-L ; Case, K-E ; Mayer, C-J |
Institutions: | Department of Economics, Wellesley College |
Subject: | TAXATION | HOUSING | EDUCATION |
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