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Proxying the socio-economic background through real estate values. An application on performances of university students

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Listed:
  • Giovanni Gallo
  • Claudia Garofoli

Abstract

This study shows how the socio-economic background of students in tertiary education can influence their performances and, in particular, the obtained graduation mark. Relying on administrative records on graduated students of the University of Modena and Reggio Emilia (UNIMORE) and aggregated statistics from the Immobiliare.it website, we explore the role of socio-economic background on students’ performances through two different proxies. One refers to the group of the Italian indicator of the household equivalised economic situation (or ISEE) which the student belongs, while the other consists of the average real estate price featuring the postcode where the student resides. Econometric results show a positive influence of both proxies of the socio-economic background on the graduation mark. Specifically, we observe that belonging to highest ISEE groups has on the graduation mark a similar effect with respect to the average real estate price of the student’s postcode of residence. This evidence confirms that the latter may be an effective alternative dimension to proxy the individuals’ socio-economic background when income/wealth variables are not available, interval-censored, or also present relevant issues of reliability.

Suggested Citation

  • Giovanni Gallo & Claudia Garofoli, 2023. "Proxying the socio-economic background through real estate values. An application on performances of university students," Center for the Analysis of Public Policies (CAPP) 0184, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
  • Handle: RePEc:mod:cappmo:0184
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    References listed on IDEAS

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    More about this item

    Keywords

    real estate price; socio-economic background; educational inequalities; higher education;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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