Most public school teachers in the United States are enrolled in defined benefit (DB) pension plans. Using administrative micro data from four states, combined with national pension funding data, we show these plans have accumulated substantial unfunded liabilities -- effectively debt -- owing to previous plan operations. On average across 49…

This paper focuses on what research has shown about the impact of teacher quality on student achievement, the connection between quality and observable teacher characteristics and traits, and what all this might mean for teacher policy. Teacher quality is the largest factor contributing to student achievement in schools, but teacher…

Improving the quality of the teacher workforce is high on the nation's education policy agenda, but school systems continue to face difficulties in staffing STEM and special education classrooms with qualified teachers. This article documents the mismatch between the supply and demand of STEM and special education teachers in Washington State,…

California is experiencing one of its most severe teacher shortages in two decades. Budget cuts and layoffs resulting from the recession contributed to a steep decline in the number of teachers in California, falling from a high of 310,362 teachers in the 2007-08 school year to 283,836 four years later. Recent efforts, including Proposition 30 and…

Reform advocates and policymakers concerned about the quality and distribution of teachers support proposals of alternative compensation for teachers in hard-to-hire subject areas, hard-to-staff schools, and with special knowledge and skills. The successful implementation of such proposals depends in large part on teacher attitudes. The current…

This article presents a principal-agent model in the context of public schools to help explain the use of merit pay for teachers. The model considers how both the nature of teaching and the political costs of union resistance affect school district merit pay decisions. Our results support the idea that merit pay is more likely in environments…

There is significant public policy concern that teacher salaries in the United States are insufficient to make teaching in public schools financially attractive; consequently, there are not enough high-quality teachers. This concern has been particularly acute of late for two reasons. First, new empirical research shows teacher quality to be the…