The Value of School Facilities: Evidence from a Dynamic Regression Discontinuity Design

Stephanie Riegg Cellini, Fernando Ferreira, Jesse Rothstein

NBER Working Paper No. 14516
Issued in December 2008

---- Acknowledgements -----

We thank Janet Currie, Joseph Gyourko, David Lee, Chris Mayer, Cecilia Rouse, and Tony Yezer, as well as seminar participants at Brown, Chicago GSB, Duke, Harris School of Public Policy, IIES, University of Oslo, NHH, Penn, Princeton, Yale, NBER Labor Economics and NBER Public Economics for helpful comments and suggestions. Fernando Ferreira would like to thank the Research Sponsor Program of the Zell/Lurie Real Estate Center at Wharton for financial support. Jesse Rothstein thanks the Princeton University Industrial Relations Section and Center for Economic Policy Studies. We also thank Igar Fuki, Scott Mildrum, Francisco Perez Arce, and Michela Tincani for excellent research assistance. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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