An important element in considering school finance policies is that households are not passive. Instead they respond to … residential location and community choice, households base optimizing decisions on commuting costs, school quality, and land rents … income and tastes for schools. This model is used to analyze a series of conventional policy experiments, including school …

An important element in considering school finance policies is that households are not passive but instead respond to … existing urban models by incorporating multiple workplace locations, alternative public services by jurisdiction (school … qualities), and voter- determined school expenditure. In our general equilibrium model of residential location and community …

greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility … fertility and education, a decreasing marginal effect of parental education on children's years of education, and wages that are …

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 …

, additional state aid is valued by potential residents and that school districts do not appear to overspend on education. We also …In this paper we use a 'market-based' approach to examine whether increased school expenditures are valued by potential … residents and whether the current level of public school provision is inefficient. We do so by employing an instrumental …

school districts in Camden County, New Jersey and information on local community characteristics including local crime rates … local per pupil spending on public education and community entry prices' play a major part in explaining the location of …

role in the finance of education. At the same time, movement toward increased public school choice, particularly in large … of multi-school districts and, hence, for understanding changing education policies. This paper develops a model of …School districts in the U.S. typically have multiple schools, centralized finance, and student assignment determined by …

public schooling. We develop a theory which integrates private education and fertility decisions with voting on public …The governments of nearly all countries are major providers of primary and secondary education to their citizens. In … of education. In this study, we ask why different societies make different choices regarding the mix of private and …

and school-by-grade fixed effects in addition to observable family and school characteristics. The analysis also addresses …. Moreover, students throughout the school test score distribution appear to benefit from higher achieving schoolmates. On the …