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Are teachersʼ impacts on studentsʼ test scores ("value-added") a good measure of their quality? One reason this question has sparked debate is disagreement about whether value-added (VA) measures provide unbiased estimates of teachersʼ causal impacts on student achievement. We test for bias...
Persistent link: https://www.econbiz.de/10010969316
of a market model. We examine trends in the mix of students enrolled in charter schools, the racial imbalance of charter … public schools serving similar students over time. Taken together, our findings imply that the charter schools in North … Carolina are increasingly serving the interests of relatively able white students in racially imbalanced schools. …
Persistent link: https://www.econbiz.de/10011252664
Three factors help to explain why school enrollments in the Northern United States were higher than those in the South and in most of Europe by 1850. One was affordability: the northern states had higher real incomes, cheaper teachers, and greater local tax support. The second was the greater...
Persistent link: https://www.econbiz.de/10005829343
. We find no evidence that these grades were related to the percentage of students tested, implying that accountability can …
Persistent link: https://www.econbiz.de/10005778461
from China. We find strong evidence that peer effects exist and operate in a positive and nonlinear manner; reducing the …
Persistent link: https://www.econbiz.de/10005085276
Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to emulate the fluctuations in market output, labor and...
Persistent link: https://www.econbiz.de/10005828900
Why are public-sector workers so heavily compensated with pensions and other non-pecuniary benefits? In this paper, we present a political economy model of shrouded compensation in which politicians compete for taxpayers' and public employees' votes by promising compensation packages, but some...
Persistent link: https://www.econbiz.de/10010969337
Public sector defined benefit pension plans are based on final earnings. As such, these plans are back-loaded; those with long careers receive substantial benefits and those who leave early receive little. The analysis consists of three parts. The first section discusses the design of state and...
Persistent link: https://www.econbiz.de/10010969345
Studies examining pension distribution choices have found that the tendency of private-sector workers is to select lump sum distributions instead of life annuities. In the public sector, defined benefit pensions usually offer lump sum distributions equal to employee contributions, not the...
Persistent link: https://www.econbiz.de/10010969351
As more and more public pension systems are shifting away from a defined benefit only framework, the complexity of the financial decisions facing public employees is increasing. This raises some concerns about the financial literacy of participants and their ability to make informed decisions....
Persistent link: https://www.econbiz.de/10010969365