Early Retirement Incentives and Student Achievement / Maria D. Fitzpatrick, Michael F. Lovenheim.

Format:

Book

Author/Creator:

Fitzpatrick, Maria D.

Contributor:

National Bureau of Economic Research.

Lovenheim, Michael F.

Series:

Working Paper Series (National Bureau of Economic Research) no. w19281.

NBER working paper series no. w19281

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2013.

Summary:

Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower-cost newer teachers. Combined with the aging of the teacher workforce, these ERIs are likely to change the composition of teachers dramatically in the coming years. We use exogenous variation from an ERI program in Illinois in the mid-1990s to provide the first evidence in the literature of the effects of large-scale teacher retirements on student achievement. We find the program did not reduce test scores; likely, it increased them, with positive effects most pronounced in lower-SES schools.

Notes:

Print version record

August 2013.