This paper surveys the modern economics literature on the role of neighborhoods in
influencing socioeconomic outcomes. Neighborhood effects have been analyzed in a range …

Households “sort” across neighborhoods according to their wealth and their preferences for
public goods, social characteristics, and commuting opportunities. The aggregation of these …

This paper develops a framework for estimating household preferences for school and
neighborhood attributes in the presence of sorting. It embeds a boundary discontinuity …

Tiebout choice among districts is the most powerful market force in American public
education. Naive estimates of its effects are biased by endogenous district formation. I derive …

Despite extensive public infrastructure spending, surprisingly little is known about its
economic return. In this paper, we estimate the value of school facility investments using …

Charles Tiebout's suggestion that people “vote with their feet” for communities with optimal
bundles of taxes and public goods has played a central role in local public finance for over …

A general model of community formation and human capital accumulation with social
spillovers and decentralized school funding is used to analyse the causes of economic …

Research over the past several years has led to the development of models characterizing
equilibrium in a system of local jurisdictions. An important insight from these models is that …

This paper develops a dynamic model of neighborhood choice along with a computationally
light multi‐step estimator. The proposed empirical framework captures observed and …

Public provision of a service coexists with private market provision. The quality of public
provision is determined by majority vote. Preferences are not single peaked owing to the …