The Impact of School Characteristics on House Prices: Chicago 1987-1991

By Thomas A. Downes, Jeffrey Zabel. 2002

373 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/dfdc9073d2bd46f503e1878d63a5c1f9662d8ba0

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Citations in the corpus

Which school attributes matter? The influence of school district performance and demographic composition on property values (2008, background): “The results of these studies are mixed with a number of studies finding little if any impact of student test scores on property values.4 Some of the crosstime studies examine the effect of demographic attributes on prices with Bogart and Cromwell [4] finding no effect of race on prices while Downes ”
Deconstructing distressed-property spillovers: The effects of vacant, tax-delinquent, and foreclosed properties in housing submarkets (2013, background): “These factors are known to have large impacts on home values (Oates, 1969; Downes and Zabel, 2002).”
A HOUSE PRICE VALUATION BASED ON THE RANDOM FOREST APPROACH: THE MASS APPRAISAL OF RESIDENTIAL PROPERTY IN SOUTH KOREA (2020, neutral): “…1992; Richardson, Vipond, & Furbey, 1974), local government or municipal services (Clauretie & Neill, 2000; Hayes & Taylor, 1996; Jud & Watts, 1981; Downes & Zabel, 2002; Huh & Kwak, 1997), and externalities such as crime rates (Thaler, 1978), noise (Wilhelmsson, 2000; Williams, 1991; Espey &…”
When Do Better Schools Raise Housing Prices? Evidence from Paris Public and Private Schools. CEE DP 119. (2010, background): “To our knowledge, our paper is the first to investigate the effect of private schools on the housing price premium attached to public school performance.”
The Impact Of Stadium Announcements On Residential Property Values: Evidence From A Natural Experiment In Dallas‐Fort Worth (2007, neutral): “The Dallas-centered sample is ultimately comprised 11Evidence suggests that there is a high correlation between property value and the quality of the public schools (see Downes and Zabel, 2002).”
Valuing School Quality Using Boundary Discontinuities. CEE DP 132. (2013, background): “For example, Downes and Zabel (2002) find that test scores are capitalised into local house prices,”
Valuing English primary schools (2003, background): “made to quantify it (see [1], [3] and [7] for an up-to-date list of references).”
School Quality and Residential Property Values: Evidence from Vancouver Rezoning (2010, methodology): “Downes and Zabel (2002) use an instrumental variables approach to compare the effects of school input and output measures on house prices using owner-assessed home values in 1987 and 1991 for 743 homes in Chicago.”
Paying for Primary Schools: Admission Constraints, School Popularity or Congestion? (2006, neutral): “These include: specifying an extensive range of neighbourhood attributes in the property value regression [Downes and Zabel (2002)]; looking at differences between neighbouring properties in different school attendance districts [Black (1999), Gibbons and Machin (2003)], exploring what happens when…”
Production and consumption externalities of human capital: an empirical study for Italy (2007, background): “22According to Downes and Zabel (2002) , local school characteristics explain a good deal of the variation in US house prices: houses in better school districts are more expensive.”
Do 'Capitalization Effects' for Public Goods Reveal the Public's Willingness to Pay? (2014, neutral): “Recent applications include Downes and Zabel (2002), Figlio and Lucas (2004), Reback (2005), and Bayer, Ferreira, and McMillan (2007). boundary and including fixed effects for each boundary zone, Black forced the identification to come from price differentials between similar houses located on…”
House prices and the provision of local public services: capitalization under school choice programs (2005, background): “Using randomly selected cross-sections of homeowner's estimates of the value of their homes in the Chicago area during 1987 and 1991, Downes & Zabel estimate a house price elasticity with respect to average school-level reading scores equal to about one.”