A Meta‐Analysis of School Quality Capitalization in U.S. House Prices
通过元分析识别导致学校质量资本化研究结果差异的数据特征与研究方法，发现测量方式、固定效应模型、变量数量及区域差异均影响结果，但计量方法本身并非主因。
Abstract School quality capitalization studies report widely mixed results. This article conducts meta‐analysis to identify the data characteristics and research methods that explain this variation. The way the school quality is measured matters but no single measure clearly dominates. Both boundary and neighborhood fixed effects significantly control for the influence of neighborhood amenities. Increasing the number of quality variables reduces the capitalization significance of each. Regional differences also appear to matter; studies using data drawn from the South exhibit weaker capitalization. Also, it is surprising that econometric methods do not appear to be driving results.