Almeida, Alessio Tony C.; Ramalho, Hilton M.B.; Araujo … - In: EconomiA 18 (2017) 3, pp. 275-297
This paper uses a principal-agent model to investigate how public school managers react to government incentives based on previous school performance. Using data from the Brazilian Student Evaluation Exam (Prova Brasil – PB) and the School Census, we estimate a managerial effort function by...