boundaries. We use changes in school boundaries and the proposal of a new school. Our findings from redistricting in the Fayette … county school district (KY) show that prices for homes redistricted from a lower-performing (based on test scores) school … into the proposed school catchment area increase by six percent. For houses in higher-performing school catchment areas …

by boundaries. Here, we use changes in school boundaries and the opening of a new school to identify this capitalization …

Banzhaf (2021), we estimate the capitalization of school redistricting in a generalized DID framework that incorporates … significant differences in both the capitalization effects and welfare changes associated with the school redistricting. …