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Essays on the Housing Market and Stu...

Katwal, Saurav.

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Essays on the Housing Market and Student Academic Achievement.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays on the Housing Market and Student Academic Achievement./
作者:	Katwal, Saurav.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2015,
面頁冊數:	195 p.
附註:	Source: Dissertation Abstracts International, Volume: 77-03(E), Section: A.
Contained By:	Dissertation Abstracts International77-03A(E).
標題:	Economic theory. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3731910
ISBN:	9781339184890

Essays on the Housing Market and Student Academic Achievement.
Katwal, Saurav.

Essays on the Housing Market and Student Academic Achievement. - Ann Arbor : ProQuest Dissertations & Theses, 2015 - 195 p.

Source: Dissertation Abstracts International, Volume: 77-03(E), Section: A.

Thesis (Ph.D.)--Clark University, 2015.

This dissertation examines the linkages between housing market and implicit market for education. It primarily examines two key relationships between these two markets. It first examines the capitalization effects of school quality on housing values using the boundary discontinuity design in the hedonic house price regression framework. Secondly, it examines the causal association running in the other direction by estimating the effect of a family financial stress as manifested by foreclosure incidences (petition and auctions) on students' academic outcomes (MCAS test scores). The traditionally-used level measure of school quality -- school level aggregate of yearly test scores -- is an aggregate of various school as well as non-school factors, and is found to be highly correlated with students' socio-demographic characteristics. In addition to using the traditional level measures of school quality, this dissertation estimates the effect of school value-added on house prices by using a two-stage strategy. In the first stage, using individual student-level data, this study estimates the marginal effect of schools on student test scores, or the school value-added, which are then used in the house price hedonic regressions in the second stage. This study also addresses at least some of the concerns associated with the instability of school value-added measures across academic years. The empirical Bayes' estimates account for some of the measurement error or sampling error associated with the estimation of school value-added. This study finds that school value-added on students' English Language Arts (ELA) test scores are capitalized on house prices in the Worcester housing market. Using student-level data from 2004 through 2012, this dissertation also estimates the effect of foreclosure incidence on student learning. We only observe the occurrence of foreclosures and don't observe other events that trigger negative economic shocks such as job loss, divorce, or any other large unexpected expenditure. Therefore, foreclosure in this context serves as a proxy for broader family financial stress, and the foreclosure effect is the cumulative effect of such a financial stress. This study finds that the incidence of foreclosure petition in the next academic year and foreclosure auction in current academic year have significant negative effects on students' academic outcome.

ISBN: 9781339184890Subjects--Topical Terms:

1556984
Economic theory.

Essays on the Housing Market and Student Academic Achievement.
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