districts, there is substantial spatial heterogeneity in school quality as measured by teacher quality and student test scores … for identifying parental valuation of measured school quality in the presence of strong neighborhood sorting. There is … into neighborhoods only slightly reduces our estimates. Given that school quality, as measured by monetary resources, is …

of inter-urban sorting that incorporates public access to information about air quality, and demonstrate that information …

quality-adjusted price decline, but the evidence points towards a modest decline at most. Our estimates of the price decline … range from 3% to 10% in quality-adjusted terms for the five-year period, which is faster than the BLS estimates for the last …

systematic upward bias in measured inflation due to quality improvements in consumption goods. We show that in the context of a … other hand, quality-adjusted (or hedonic) prices are assumed to be sticky, then the Ramsey plan calls for raising the …