This paper uses a unique data set to investigate the link betweenthe pay and performance of school principals. It is frequently arguedthat public sector CEOs are paid like bureaucrats with little rewardfor good performance. However, this ignores the possibility of implicitlabor market...

Improving accountability in public services has been a central ob-jective of many public sector reforms in recent years. Chief amongthese have been efforts to generate observable performance measuresas a basis for monitoring performance. This paper examines a nat-ural experiment in regimes...