@techreport{622910c35bfe4f25a3b81127b266a463,
title = "School Performance, Noncognitive Skills and House Prices",
abstract = "This paper examines parental preference for secondary schools using data from property transactions that occurred between 2015 and 2018 in Scotland, as well as a rich panel of school characteristics. By exploiting discontinuity in attendance across catchment area boundaries, I provide credibly consistent estimates of house price premiums for an array of school characteristics. In particular, whilst I show that house prices do not respond to school value added, school-average performance is well capitalised. I demonstrate that neither of these effects are driven by differences in neighbourhood amenities nor by the presence of private schools. Moreover, I show that in this specific context school “quality” is not multidimensional.",
keywords = "school catchment area, housing market, school performance, cognitive skills, noncognitive skills",
author = "Gennaro Rossi",
note = "This working paper was published as part of Strathclyde Discussion Papers in Economics, No. 21-3",
year = "2021",
month = mar,
day = "30",
language = "English",
series = "Strathclyde Discussion Papers in Economics",
publisher = "University of Strathclyde",
type = "WorkingPaper",
institution = "University of Strathclyde",
}