Teacher pension systems concentrate retirements within a narrow range of the career cycle by penalizing individuals who separate too soon or remain employed too long. The penalties result in the retention of some teachers who would otherwise choose to leave, and the premature exit of some teachers who would otherwise choose to stay. We examine the…

This dissertation consists of three essays. The first essay investigates the feasibility of moving high-performing teachers to low-performing schools using administrative micro data from Missouri. I define teacher labor markets concentrically and construct models to allow teachers' local labor markets, within teaching, to influence their mobility…