In "Are Texas Teacher Retirement Benefits Adequate?," authors Chad Aldeman and Anthony Randazzo analyze the Teachers' Retirement System (TRS) of Texas and find it is not serving all of its members well. Most members will leave their teaching service in Texas with inadequate retirement benefits, and the unfunded liabilities the system has…

Search theory suggests that early career job changes on balance lead to better matches that benefit both workers and firms, but this may not hold in teacher labor markets characterized by salary rigidities, barriers to entry, and substantial differences in working conditions that are difficult for institutions to alter. Of particular concern to…

There is broad agreement that teacher quality is related to student achievement, but there is far less agreement about the degree to which school districts and administrators are constrained in making policies to improve teacher quality that might also affect teacher employment and working conditions. Conventional wisdom holds that state law and…

Human capital investment theory is used to determine why teachers in Texas are leaving the profession despite growing demand for their services. Data for 1978-79 show that an average White male high school graduate could expect to earn more than a teacher holding a bachelor's, master's, or doctoral degree. (PP)

A report of the Texas Ad Hoc Committee on Faculty Compensation is presented, and recommendations of the Texas Coordinating Board, based on the work of the Ad Hoc Committee, are offered. Additionally, a companion document dated January 30, 1981, includes the text of presentations at an October hearing, an analysis of retirement and group insurance…