Journal article
Property left behind: an unintended consequence of a no child left behind “failing” school designation
Journal of regional science, Vol.54(5), pp.788-805
11/2014
DOI: 10.1111/jors.12141
Abstract
ABSTRACT
Under the No Child Left Behind Act (NCLB), schools receiving Title I funding that fail to meet adequate academic performance targets for two consecutive years are deemed “failing.” This broadly defined, but often misunderstood designation has exerted a negative and unintended effect on low‐income neighborhoods—the same neighborhoods NCLB was originally intended to help. Specifically, we find that “failing” designations significantly decrease home prices. This property value response is observed even after controlling for a myriad of traditional test score measures and school‐level student demographics. Additional analyses suggest that this home price effect is largely due to strong perceptions of poor school quality or social stigma surrounding a “failing” designation.
Details
- Title: Subtitle
- Property left behind: an unintended consequence of a no child left behind “failing” school designation
- Creators
- Alexander Bogin - Federal Housing Finance AgencyPhuong Nguyen‐Hoang - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Journal of regional science, Vol.54(5), pp.788-805
- DOI
- 10.1111/jors.12141
- ISSN
- 0022-4146
- eISSN
- 1467-9787
- Number of pages
- 18
- Language
- English
- Date published
- 11/2014
- Academic Unit
- School of Planning and Public Affairs; Public Policy Center (Archive)
- Record Identifier
- 9984083899202771
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