School Performance, Noncognitive Skills and House Prices
Rossi, Gennaro (2021) School Performance, Noncognitive Skills and House Prices. Preprint / Working Paper. University of Strathclyde, Glasgow.
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Abstract
This paper examines parental preference for secondary schools using data from property transactions that occurred between 2015 and 2018 in Scotland, as well as a rich panel of school characteristics. By exploiting discontinuity in attendance across catchment area boundaries, I provide credibly consistent estimates of house price premiums for an array of school characteristics. In particular, whilst I show that house prices do not respond to school value added, school-average performance is well capitalised. I demonstrate that neither of these effects are driven by differences in neighbourhood amenities nor by the presence of private schools. Moreover, I show that in this specific context school “quality” is not multidimensional.
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Item type: Monograph(Preprint / Working Paper) ID code: 76367 Dates: DateEvent30 March 2021PublishedNotes: This working paper was published as part of Strathclyde Discussion Papers in Economics, No. 21-3 Subjects: Social Sciences Department: Strathclyde Business School > Economics Depositing user: Pure Administrator Date deposited: 06 May 2021 14:45 Last modified: 11 Nov 2024 16:06 URI: https://strathprints.strath.ac.uk/id/eprint/76367