"In this paper, we compare subjective principal assessments of teachers to the traditional determinants of teacher compensation ŁV education and experience ŁV and another potential compensation mechanism -- value-added measures of teacher effectiveness based on student achievement gains. We...

Teachers in the United States are compensated largely on the basis of fixed schedules that reward experience and credentials. However, there is a growing interest in whether performance-based incentives based on rigorous teacher evaluations can improve teacher retention and performance. The...