Researcher: Yılmaz, Kuzey
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Yılmaz, Kuzey
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Publication Metadata only The complementarity of tiebout and alonso(Academic Press Inc Elsevier Science, 2007) Hanushek, Eric; N/A; Yılmaz, Kuzey; Faculty Member; N/A; N/AWhile residential location is an important aspect of both models of urban spatial structure and local public goods, previous modeling efforts have most commonly separated these. The resulting models yield unrealistic locational predictions. This paper incorporates both motivations simultaneously and finds that the equilibrium outcomes are more consistent with empirical observation. Having a more realistic model permits analysis of current school finance proposals. Because school finance is focused on local jurisdictions, having a more realistic general equilibrium model is essential to assess the impact of governmental involvement on the K-12 school system.Publication Metadata only Strategic misspecification in regression models(Blackwell Publishing, 2003) Signorino, Curtis S.; Department of Economics; Yılmaz, Kuzey; Faculty Member; Department of Economics; College of Administrative Sciences and Economics; N/ACommon regression models are often structurally inconsistent with strategic interaction. We demonstrate that this "strategic misspecification" is really an issue of structural (or functional form) misspecification. The misspecification can be equivalently written as a form of omitted variable bias, where the omitted variables are nonlinear terms arising from the players' expected utility calculations and often from data aggregation. We characterize the extent of the specification error in terms of model parameters and the data and show that typical regressions models can at times give exactly the opposite inferences versus the true strategic data-generating process. Researchers are recommended to pay closer attention to their theoretical models, the implications of those models concerning their statistical models, and vice versa.Publication Metadata only Urban education: location and opportunity in the United States(Oxford University Press, 2012) Hanushek, Eric A.; Department of Economics; Yılmaz, Kuzey; Faculty Member; Department of Economics; College of Administrative Sciences and Economics; N/AThe study of location and schooling has become a vibrant area of research in recent years. This article identifies the current state in both theoretical and empirical analyses of schools and location. It begins with a description of housing markets and schools in the United States. It then provides an overview of the relevant theoretical arguments on both location and local public good provision. The two primary relevant models involve urban location theory and the Tiebout choice of governmental services. While each has strengths, neither provides a clear picture of the underlying individual choice or of the outcomes of policy interventions. Following this, the article explores several areas of the interaction of policy with locational decisions. Finally, it states that a different set of governmental interventions, those involving increased school choice, can be thought of as methods of reducing the linkage of location and schooling.Publication Metadata only Redistribution through education and other transfer mechanisms(Elsevier, 2003) Hanushek, Eric A.; Leung, Charles Ka Yui; Department of Economics; Yılmaz, Kuzey; Faculty Member; Department of Economics; College of Administrative Sciences and Economics; N/AEducational subsidies are frequently justified as a method of altering the income distribution. It is thus natural to compare education to other tax-transfer schemes designed to achieve distributional objectives. While equity-efficiency trade-offs are frequently discussed, they are rarely explicitly treated. This paper creates a general equilibrium model of school attendance, labor supply, wage determination, and aggregate production, which is used to compare alternative redistribution devices in terms of both deadweight loss and distributional outcomes. A wage subsidy generally dominates tuition subsidies across a wide range of fundamental parameters for the economy. Both are generally superior to a negative income tax. With externalities in production, however, there is an unambiguous role for governmental subsidy of education, because it both raises GDP and creates a more equal income distribution.Publication Open Access Private schools and residential choices: accessibility, mobility, and welfare(Berkeley Electronic Press (Bepress), 2011) Hanushek, Eric A.; Department of Economics; Sarpça, Sinan; Yılmaz, Kuzey; Faculty Member; Faculty Member; Department of Economics; College of Administrative Sciences and Economics; 52406; N/APrivate schools free households from a strict link between residential location decisions and the tax-school quality bundles they consume. In order to study the impact of private schools on educational outcomes, we develop a general equilibrium model that simultaneously incorporates locational choice built on access and locational choice built on tax-school quality attributes of jurisdictions. We conclude that private school choice enhances the welfare of all households-both those attending private schools and those attending public schools-while also working to reduce the amount of housing and school segregation in equilibrium. Investigation of alternative school policies indicates that greater choice, including using targeted school vouchers, can improve welfare and achievement. Finally, we demonstrate how the fiscal burden arising from some households paying less taxes than they consume in public services varies significantly with the structure of school choice options.