Education Finance and Accountability Program
(EFAP)
 

    John Yinger
Director
   
         
    William Duncombe
Associate Director
   
         
  Jerry Miner
Senior Associate
  Ross Rubenstein
Senior Associate
 
         
    Robert Bifulco
Senior Associate
   


 

Figures to Accompany Bidding and Sorting Notes for a
Class in State and Local Public Finance


John Yinger

Trustee Professor of Public Administration and Economics

The Maxwell School, Syracuse University

 

Figure 1: Housing Bids as a Function of Public Service Quality
(Holding the Property Tax Rate Constant)




























 

 

 

 

 

Figure 2: Housing Bids as a Function of the Property Tax Rate(Holding Public Service Quality Constant)



























 

 

 

 

 

Figure 3: Consensus Bidding and Sorting






























 

 

 

 

 

Figure 4: The Demand for Local Public Services



























 

 

 

 

 

Figure 5: Consensus Bidding and Sorting Net of Taxes





























 

 

 

 

 

Figure 6: Hamilton Bidding and Sorting






























 

 

 

 

 

Figure 7: Inefficiency Due to Heterogeneity























 





 

 

 


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