We study the relationship between school characteristics and housing prices in Mecklenburg County, North Carolina … between 1994 and 2001. During this period, the school district was operating under a court-imposed desegregation order and … redrew a number of school boundaries. We use two different sources of variation to disentangle the effect of schools and …

Value-added data are an increasingly common evaluation tool for schools and teachers. Many school districts have … analysis is the first in the school valuation literature to examine property value responses to a value-added information shock …, which is of interest as this measure is less correlated with demographics than typical school quality measures. Unique to …

evaluative measures of school quality available to the general public. The most recent trends in state policies under … letter grades to rate school quality. Because school quality is one of a group of local public goods purchased along with a … house, one would anticipate that additional information about school quality would capitalize into real estate values. This …

This paper develops a comprehensive framework for estimating household preferences for school and neighborhood … to address the endogeneity of school and neighborhood attributes. The model is estimated using restricted-access Census … school increases by five percent. Second, much of the apparent willingness to pay for more educated and wealthier neighbors …