students' lifetime income by more than $250,000 for the average class- room in our sample. We conclude that good teachers …Are teachers' impacts on students' test scores ("value-added") a good measure of their quality? This question has …' impacts on student achievement and (2) whether high-VA teachers improve students' long-term outcomes. We address these two …

Using longitudinal elementary school teacher and student data, we document that students have larger test score gains … within-teacher variation, we further show that a teacher's students have larger achievement gains in math and reading when …

improve students' long-term outcomes. Using school district and tax records for more than one million children, we find that … the present value of students' lifetime income by approximately $250,000 per classroom …Are teachers' impacts on students' test scores ("value-added") a good measure of their quality? This question has …