School finance, spatial income segregation, and the nature of communities

Journal Article (Journal Article)

In a general equilibrium model that links school and housing markets, a purely public school system (regardless of the degree of centralization) results in substantially more spatial income segregation than a purely private system. However, the combination of a public system with a private school market yields the least residential segregation as housing price distortions from the capitalization of the public system generate incentives for middle and high income private school attendees to live with lower income public school attendees. The impact of vouchers and the sensitivity of results to alternative school production models is also investigated. © 2003 Elsevier Inc. All rights reserved.

Full Text

Duke Authors

Cited Authors

  • Nechyba, T

Published Date

  • January 1, 2003

Published In

Volume / Issue

  • 54 / 1

Start / End Page

  • 61 - 88

International Standard Serial Number (ISSN)

  • 0094-1190

Digital Object Identifier (DOI)

  • 10.1016/S0094-1190(03)00041-X

Citation Source

  • Scopus