TIEBOUT DYNAMICS: NEIGHBORHOOD RESPONSE TO A CENTRAL‐CITY/SUBURBAN HOUSE‐PRICE DIFFERENTIAL*
利用一个1920年代高质量社区被中心城市/郊区边界一分为二的自然实验，研究了30年间中心城市服务相对下降如何导致房价差异，并发现蒂布特分类机制在起作用。
ABSTRACT We take advantage of an unusual natural experiment—a high‐quality 1920s subdivision split neatly in half by a central‐city/suburban boundary—to study the response over 30 years to the relative decline in the quality of central‐city services since the 1960s. As expected, a large sale price differential opens in the 1960s. Demographic characteristics are nevertheless similar across the boundary. Survey data indicate Tiebout sorting: the central city side attracts households who prefer alternatives to suburban public schools. Children attend parochial and public “magnet” schools. A neighborhood association supplements municipal services. Rigid service district boundaries inhibit closure of the house‐price differential.