Ian Davidoff|Andrew Leigh
How Much do Public Schools Really Cost? Estimating the Relationship between House Prices and School Quality*
Australian National University
paper investigates relationship housing prices quality public schools australian capital territory disentangle effects schools neighbourhood characteristics value residential properties compare sale prices homes either side high school attendance boundaries find 5 percentage point increase test scores approximately 1 sd associated 35 per cent increase house prices result line private school tuition costs accords prior research uk usa estimating effect school quality house prices provides possible measure extent parents value better educational outcomes