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Incentive Design in Education: An Empirical Analysis / Hugh Macartney, Robert McMillan, Uros Petronijevic.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Macartney, Hugh.
Contributor:
National Bureau of Economic Research.
McMillan, Robert.
Petronijevic, Uros.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21835.
NBER working paper series no. w21835
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Incentive Design in Education
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
While incentive schemes to elicit greater effort in organizations are widespread, the incentive strength-effort mapping is difficult to ascertain in practice, hindering incentive design. We propose a new semi-parametric method for uncovering this relationship in an education context, using exogenous incentive variation and rich administrative data. The estimated effort response forms the basis of a counterfactual approach tracing the effects of various accountability systems on the full distribution of scores. We show higher average performance comes with greater score dispersion for a given accountability scheme, and that incentive designs not yet enacted can improve performance further, relevant to education reform.
Notes:
Print version record
December 2015.

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