Aside from effects on nearby property values, research is sparse on how foreclosures may generate negative externalities. Employing a unique dataset that matches individual student records from Boston Public Schools - including test scores, demographics, home address moves, and school changes -...

Working with a unique dataset that matches individual student records from Boston Public Schools with real estate records that indicate whether the student lived at an address involved in foreclosure, the authors investigate the degree to which the test scores of students attending...