The increased privatisation of educational systems is a global trend with several important implications for teachers' preparation and workforce outcomes. With many countries facing teacher shortages, retention for novice teachers is a key area of focus for educational leaders and policymakers -- yet there is a lack of evidence related to the…

Master's degree enrollment and debt have increased substantially in recent years, raising important questions about the labor market value of these credentials. Using a field experiment featuring 9,480 job applications submitted during the early months of the COVID-19 pandemic, I examine employers' responses to job candidates with a Master of…