correlates; and (c) the link between TVA and teacher wages. Teachers are highly effective in our setting: Moving a student from … between TVA and wages in the public sector (although there is in the private sector), and a policy change that shifted public … hiring from permanent to temporary contracts, reducing wages by 35 percent, had no adverse impact on TVA, either immediately …

inelasticity in wages introduced due to personal fulfilment and satisfaction that led to personal job preference. This meant that …

different technologies that imperfectly compete in wages to attract these workers. Once employed, each worker bears an education … subsidy either the education cost or wages and compare them. We found that the first best allocation can only be implemented … firms and show that, in terms of welfare, subsidizing education costs or wages is strictly equivalent …