The Role of Education for Amenity Based Sorting in British Cities

Luisa Gagliardi and Teresa Schlüter

SERC Discussion Papers from Centre for Economic Performance, LSE

Abstract: This paper investigates the relation between amenities and skills by looking at the sorting behavior of skilled individuals across neighbourhoods within British cities. Using a detailed micro dataset on housing transactions we recover a composite measure of local amenities that captures the level of attractiveness of each neighbourhood. By combining the amenity measure with data on British individuals we analyse how the cost associated with the consumption of amenities is distributed across education groups and across neighborhoods within cities defined as integrated labour markets. Results show that, holding constant the availability of job opportunities, high skilled individuals exhibit a moderate preference bias towards amenity consumption as they tend to sort into more attractive neighborhoods than lower skilled individuals with the same income.

Keywords: Neighborhood Characteristics; Sorting; Amenities; Skills; Local Labour Markets; Hedonic Pricing (search for similar items in EconPapers)
JEL-codes: J24 R22 R23 (search for similar items in EconPapers)
Date: 2015-09
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://cep.lse.ac.uk/pubs/download/sercdp0184.pdf (application/pdf)

Related works:
Working Paper: The role of education for amenity based sorting in British cities (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cep:sercdp:0184

Access Statistics for this paper

More papers in SERC Discussion Papers from Centre for Economic Performance, LSE
Bibliographic data for series maintained by ().