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We study the dynamics of the quantity and quality of teachers in the framework of dynamic general equilibrium OLG model. The quantity and quality are jointly set by a government agency wishing to maximize the quality of basic education per student while being bound by teachers’ collective...
Persistent link: https://www.econbiz.de/10003806054
We study the dynamics of the quantity and quality of teachers in the framework of dynamic general equilibrium OLG model. The quantity and quality are jointly set by a government agency wishing to maximize the quality of basic education per student while being bound by teachers' collective...
Persistent link: https://www.econbiz.de/10013316411
The paper addresses the two-fold rise in teacher-student ratio in the American K-12 school system in the post-World War II period accompanied by the evidence of a decline in the relative quality of teachers. We develop a dynamic general equilibrium framework for analyzing the teacher...
Persistent link: https://www.econbiz.de/10014181051
Persistent link: https://www.econbiz.de/10009563099
Compensation of K-12 school principals, and the effect that it has on the performance of the schools they lead, has become a relevant policy debate in recent years. This study examines the relationship between principal salaries and student performance on Colorado Student Assessment Program...
Persistent link: https://www.econbiz.de/10014044601
This paper examines the potential output gains from the implementation of optimal teacher incentive pay schemes, by calibrating the Holmstrom and Milgrom (1987) hidden action model using data from Muralidharan and Sundararaman (2011), a teacher incentive pay experiment implemented in Andhra...
Persistent link: https://www.econbiz.de/10011878506
The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government...
Persistent link: https://www.econbiz.de/10001624887
Persistent link: https://www.econbiz.de/10001673191
The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government...
Persistent link: https://www.econbiz.de/10011476226
The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government...
Persistent link: https://www.econbiz.de/10011411167