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.

  • Item type:Monograph(Preprint / Working Paper)
    ID code:76367
    Dates:
    Date
    Event
    30 March 2021
    Published
    Notes: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 Apr 2024 02:54
    URI:https://strathprints.strath.ac.uk/id/eprint/76367
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