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We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our economic design premium is identified by spatially differentiating property prices and design quality with...Read more...
Gabriel M. Ahlfeldt and Nancy Holman
4 February 2015
Existing research shows that house prices respond to local school quality as measured by average test scores. However, higher test scores could signal higher academic value-added or higher ability, more sought-after inta...Read more...
Stephen Gibbons, Stephen Machin and Olmo Silva
1 May 2013
Existing research shows that house prices respond to local school quality as measured by average test scores. However, higher test scores could signal better quality teaching and academic value-added, or higher ability, ...Read more...
11 January 2012
A large body of international research shows that house prices respond to local school quality as measured by average test scores. But better test scores could signal better expected academic outputs or simply reflect hi...Read more...
March 2009