“A Unified Framework for Measuring Preferences for Schools and Neighborhoods”. Bayer, Ferreira, McMillian. Research Question. How to measure households value for good schools and neighborhood characteristics? Why do we care?
Bayer, Ferreira, McMillian
-Typical approach look at effect of school quality on test scores and earnings
-Alternative approach: estimate households willingness to pay for better school
School Attendance Zone A
School Attendance Zone B