Gibbons, Stephen; Machin, Stephen; Silva, Olmo - In: Journal of Urban Economics 75 (2013) C, pp. 15-28
Existing research shows that house prices respond to local school quality as measured by average test scores. However, higher test scores could signal higher academic value-added or higher ability, more sought-after intakes. In our research, we show that both school value-added and student prior...