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The Labor Market for Teachers Under Different Pay Schemes / Barbara Biasi.
- Format:
- Book
- Author/Creator:
- Biasi, Barbara.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24813.
- NBER working paper series no. w24813
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- Compensation of most US public school teachers is rigid and solely based on seniority. This paper studies the labor market effects of a reform that gave school districts in Wisconsin full autonomy to redesign teacher pay schemes. Following the reform, some districts switched to flexible compensation and started paying high-quality teachers more. Teacher quality increased in these districts relative to those with seniority pay due to a change in workforce composition and an increase in effort. I estimate a structural model of this labor market to investigate the effects of counterfactual pay schemes on the composition of the teaching workforce.
- Notes:
- Print version record
- July 2018.
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