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The endogeneity of education quality and quantity accounts for difficulties in appropriately identifying the causal … relationship between education and housing prices. To determine how education quality is capitalized into housing prices, we deal … with endogeneity bias by employing a natural experiment occasioned by China’s education reforms. Based on monthly panel …
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-temporal dimension of housing capitalization of impacts generated by the improvement of transport network. …
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more significant capitalization effect. Finally, the empirical evidence could be useful to several actors involved in urban …
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