Fitzpatrick, Maria D.; Lovenheim, Michael F. - National Bureau of Economic Research (NBER) - 2013
Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by … replacing expensive experienced teachers with lower-cost newer teachers. Combined with the aging of the teacher workforce, these …-scale teacher retirements on student achievement. We find the program did not reduce test scores; likely, it increased them, with …