The concept of neighbourhood has been analyzed in many disciplines but there is little consensus on what constitutes a neighbourhood. The theoretical literature in housing economics suggests that neighbourhood characteristics are important in determining the value of a housing unit. Thus, to...

Using factor analysis, ordinary least squares estimation, and maximum-likelihood ordered probit estimation, we examine the relationship between the socioeconomic characteristics of neighborhoods and their supply of licansed childcare. We find that supply of licensed childcare in Massachusetts is...