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Houses and schools: Valuation of school quality through the housing market

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  • Machin, Stephen

Abstract

This paper offers a critical appraisal of the now sizable empirical literature that values school quality and performance through housing valuations. This literature consistently finds housing valuations to be significantly higher in places where measured school quality is higher, implying a strong parental willingness to pay to get their children educated in better performing schools. This conclusion emerges from studies undertaken in a number of countries, using a variety of identification strategies, and at different parts of the education sequence that children follow.

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Bibliographic Info

Article provided by Elsevier in its journal Labour Economics.

Volume (Year): 18 (2011)
Issue (Month): 6 ()
Pages: 723-729

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Handle: RePEc:eee:labeco:v:18:y:2011:i:6:p:723-729

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Web page: http://www.elsevier.com/locate/labeco

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References

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  25. Gibbons, Steve & Machin, Stephen, 2003. "Valuing English primary schools," Journal of Urban Economics, Elsevier, vol. 53(2), pages 197-219, March.
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Cited by:
  1. Stephen Machin & Sandra McNally, 2012. "The Evaluation of English Education Policies," National Institute Economic Review, National Institute of Economic and Social Research, vol. 219(1), pages R15-R25, January.
  2. Stephen Machin & Sandra McNally & Gill Wyness, 2013. "Education in a Devolved Scotland: A Quantitative Analysis," CEP Special Papers 30, Centre for Economic Performance, LSE.
  3. Steve Gibbons & Stephen Machin & Olmo Silva, 2009. "Valuing School Quality Using Boundary Discontinuities," SERC Discussion Papers 0018, Spatial Economics Research Centre, LSE.
  4. repec:mab:wpaper:23 is not listed on IDEAS

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