Using data from the Destination of Leavers from Higher Education (DLHE), we take advantage of the plausibly exogenous variation in the unemployment rate, by field of study, at time of graduation to investigate the impact of labour market condition on teacher supply, measured by enrolment onto an...

"Recently, many state governments have legislated reductions in teachers' retirement benefits for new and future employees as a means of addressing the large unfunded liabilities of their pension plans. However, there is little existing capacity to predict how these unprecedented pension...