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Economics

2009

Papers and Publications

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Full-Text Articles in Education

School Choice In Suburbia: Test Scores, Race, And Housing Markets, Jack Dougherty, Jeffrey Harrelson, Laura Maloney, Drew Murphy, Russell Smith, Michael Snow, Diane Zannoni Aug 2009

School Choice In Suburbia: Test Scores, Race, And Housing Markets, Jack Dougherty, Jeffrey Harrelson, Laura Maloney, Drew Murphy, Russell Smith, Michael Snow, Diane Zannoni

Papers and Publications

Home buyers exercise school choice when shopping for a private residence due to its location in a public school district or attendance area. In this quantitative study of one Connecticut suburban district, we measure the effect of elementary school test scores and racial composition on home buyers’ willingness to purchase single-family homes over a 10-year period, controlling for house and neighbor- hood characteristics. Overall, while both test scores and race explain home prices, we found that the influence of tests declined while race became nearly seven times more influential over our decade-long period of study. Our interpretation of the results …