What's in a Grade? School Report Cards and the Housing Market

By David N. Figlio, M. E. Lucas. 2004

578 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Education

View Paper: https://www.semanticscholar.org/paper/d7faf0fc4d4b6a5895a61ed4c44a172b7910d7b0

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

In Education

Citations in the corpus

Quality Disclosure and Certification: Theory and Practice (2010, background): “Instead, researchers might prefer to examine other factors such as improvements in test scores (see references in Section III.4) or even real estate values (Figlio and Lucas, 2004).”
Long-Term Orientation and Educational Performance (2019, background): “…background are remarkably correlated in the United States and around the world (see, e.g., Black, Devereux, and Salvanes 2005; Chevalier, Denny, and McMahon 2009; Fryer and Levitt 2004; Hanushek and Woessmann 2010; Hertz et al. 2007; Reardon and Galindo 2009; Rothstein and Wozny 2013).”
Do Accountability and Voucher Threats Improve Low-Performing Schools? NBER Working Paper No. 11597. (2005, background): “…rewards and recognition by earning a grade of “A” or improving grades from one year to the next.8 Moreover, schools likely faced pressure from the community, as school grades were apparently highly capitalized into housing values, especially at 10 the program’s beginning (Figlio and Lucas, 2004).”
School Quality and Residential Property Values: Evidence from Vancouver Rezoning (2010, background): “Figlio and Lucas (2004) investigate how the assignment of stateadministered letter grades to elementary schools in Florida influenced house prices.”
Causal Inference in Urban and Regional Economics (2014, unknown): “Indeed, Figlio and Lucas (2004) demonstrate that A grades induced sorting of higher-achieving students into the schools’ attendance zones—students whose parents are likely willing to pay more for school quality than the families they replaced.”
Valuing School Quality, Better Transport, and Lower Crime: Evidence from House Prices (2008, background): “…school attendance zone boundaries, and difference-indifference based on boundary changes 10% for one standard deviation increase in mean test scores Figlio and Lucas (2004) Elementary school grades based on government evaluation, Florida, 1999-2001 Repeat property sales within small neighbourhoods…”
Valuing School Quality Using Boundary Discontinuities. CEE DP 132. (2013, background): “results in the literature, surveyed by Gibbons and Machin (2008) and Black and Machin (2010),”
Why do households without children support local public schools? Linking house price capitalization to school spending (2002, background): “2 See Barrow and Rouse (2004), Black (1999), Bogart and Cromwell (1997, 2000), Cheshire and Sheppard (2004), Dee (2000), Figlio and Lucas (2004), Reback (2005), and Weimer and Wolkoff (2001).”
School quality and housing prices: Empirical evidence from a natural experiment in Shanghai, China (2013, result): “Our approach parallels that of Figlio and Lucas (2004), who compared housing prices before and after the State of Florida began to assign grades to schools based on test scores.”
Testing, Crime and Punishment (2005, background): “The public was certainly paying attention to differences at the “top” of the market: Figlio and Lucas (2004) show that the housing market responded substantially to public reports of school grades among high-performing schools.”