کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
971502 1479658 2016 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
School district and housing price responses to fiscal stress labels: Evidence from Ohio
ترجمه فارسی عنوان
مناطق آموزش و پرورش و پاسخ قیمت مسکن به برچسب تنش مالی: شواهدی از اوهایو
کلمات کلیدی
تنش مالی؛ امور مالی مدرسه. قیمت مسکن؛ مالیات بر مستغلات
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

This paper examines the effect of the Ohio fiscal stress labeling system on school district outcomes and housing prices. Under this policy, financially troubled districts are labeled and required to implement financial recovery plans. In response to these plans, districts increase local tax revenues and decrease capital and operating expenditures. Although these recovery plans lead to better long-term financial health for school districts, there appear to be some negative impacts on welfare in these districts during the duration of the label. I find that residential home sale prices fall following fiscal stress label receipt, but rise again once the label is removed. These districts also undergo substantial restructuring, including reductions in enrollments, teachers, and schools, which coincide with a transitory reduction in math proficiency rates following label receipt.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Urban Economics - Volume 94, July 2016, Pages 54–72
نویسندگان
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