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Abstract

The evidence on whether school quality affects house prices is uncertain. This paper employs meta-regression analysis on 48 studies to understand what factors influence the discrepancy among analogous studies. We estimate Fischer's Z transformation, ordered probit, and linear regression models to incorporate eight different school quality variables. Our results suggest the Fischer's Z model is less preferred to the ordered probit model given the entire sample of school quality measures, and to the linear regression model given a reduced sample of studies with only the primary school test score measure.

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