The Educational Research Service annually reports an important statistical measure, the Composite Indicator of Changes in Average Salaries and Wages Paid by Public School Systems (CIC), which is designed to reflect overall changes in average salaries and wages paid by school systems in much the same way that the Dow Jones Average or the Standard…

Focusing on the classroom teacher as the key component in the educational process, this yearbook reviews recent school reform upheavals and their effects on teacher compensation, availability and quality of teachers, teacher retirement systems and related issues. After introductory observations on teachers' economic subsidies by Kern Alexander,…

This paper describes an initial effort to provide a carefully reasoned, factually based, systematic analysis of teacher pay in comparison to pay in other occupations available to college-educated workers. It also reports on the sensitivity of these salary comparison estimates to differences in certain characteristics of the labor force, such as…

Proves that the same single-period structure in relationships among schooling, experience, and earnings can have sharply contrasting meanings for life cycle patterns. Returns on investment in human resources, productivity, and higher education depend on the static or dynamic nature of society, not on the society's wealth or poverty. Includes three…

In light of the current increase in elementary and secondary school attendance coupled with a simultaneous decrease in college-age population between now and the end of the decade, this study assesses (1) the role of economic factors in determining the number of teachers certified and (2) the responsiveness of teachers in the "reserve pool" to…

This paper reviews trends in resource allocations in the public schools over the last 25 years. It focuses specifically on changes in expenditures and school staff for the nation as a whole and for each of the 50 states and the District of Columbia, using data from the National Center for Education Statistics and the National Education Association…

This paper presents the methods and results of a probabilistic teacher labor supply model. It uses both qualitative research findings and econometric methods to estimate the number of teachers with specified characteristics under various policy conditions, especially teacher salaries and supervision received. A review of selected relevant…

Discusses educational equality and inequality from an economist's perspective. Considers human capital theory and interpretation of life cycles in learning and earning. Addresses schooling and experience components of changes in the inequality of earned incomes, educational expansion, and inequalities in schooling. Explores the roles of skill…