Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/295828 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 16805
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Geographic school admissions criteria bind residential and school choices for some parents, and could create externalities in equilibrium for non-parents through displacement or higher rent. Through a dynamic structural model, we show that the policy decision of geographic versus non-geographic school admissions criteria has important implications for equilibrium outcomes in school and housing markets. Geographic admissions criteria segregate schools, but integrate neighborhoods according to income. Incorporating non-parents into the model challenges the existing understanding of how public schools affect the housing market: non-parent households dampen the equilibrium price premium around popular schools; non-parent households are never better off under geographic admissions.
Subjects: 
school choice
residential choice
school admissions criteria
JEL: 
I21
I24
R21
Document Type: 
Working Paper

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