Journal article
The Valuation of Local School Quality under School Choice
Abstract
School choice programs break the link between residential location and school attendance, and should weaken the capitalization of school quality into house prices. For the first time, I quantify the effect of one such program—charter school expansions—across several states using a dataset covering charter entries and house prices. I embed an event study of charter entry into a boundary discontinuity design and find that, on average, school …
Authors
Zheng A
Journal
American Economic Journal Economic Policy, Vol. 14, No. 2, pp. 509–537
Publisher
American Economic Association
Publication Date
May 1, 2022
DOI
10.1257/pol.20200678
ISSN
1945-7731