Abstract
This paper empirically examines the distribution of demand for school quality using quantile regression to analyze housing market data. The study takes advantage of a courtordered redistricting as a quasi-random assignment of school quality. After controlling for unobserved characteristics using subdivision fixed-effects, we show that high-income families place significantly greater value on academic achievement than low-income families. The average effects as estimated by OLS conceal considerable heterogeneity in demand for academic achievement due to the “aggregation” of families' differential willingness to pay. A similar trend is absent for non-academic quality.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
