When students receive better grades without any corresponding increase in ability, this is called grade inflation …. Introducing a concern for reputation into an established signalling model of grading, we show that this mechanism reduces or even …

This paper contrasts measures of teacher effectiveness with the students' evaluations for the same teachers using … in follow-on coursework of students who are randomly assigned to teachers in each of their compulsory courses. We find … material, teachers still matter substantially. The average difference in subsequent performance between students who were …