In this study, we test how the level of relative teacher wages affects educational outcomes. Russia provides a unique setting for testing this relationship given its high regional heterogeneity. We use two measures of educational outcomes at different levels of the school system. Our results show that the level of relative teacher wages has a…

We generate selection-adjusted NPV and IRR estimates for a bachelor's degree in the U.S. which account for time-to-graduation, debt financing and tuition levels. We find that a college degree is generally worthwhile, but the private value of the investment is a declining function of time-to-graduation. Selection-adjustments show that for students…

Teachers' initial placement has important implications for student achievement and the distribution of teachers among schools. This paper combines data from a US Baccalaureate and Beyond longitudinal study with school and school district information from the Common Core of Data to study the effects of initial school placement on teacher mobility.…

This paper documents the experience of incentive-based reforms in the secondary Islamic/madrasa education sector in Bangladesh within the context of the broader debate over modernization of religious school systems in South Asia. Key features of the reform are changes of the curriculum and policy regarding admission of female students. In return…

Shows that primary education spending growth in Norway resulted from cost factors determined at the national level, together with lack of adjustment to rising costs in local governments. Policies to control school spending must address the central government's bargaining strength to hold back on teacher wages and employment and local governments'…

Examines education's influences on Canada's employment, wages, and industrial production, using 1990 cross-sectional, provincially grouped statistical data. Workers disaggregated by educational attainment are substitutes for one another. Capital and all labor groups disaggregated by education are complements. Earnings differentials between better-…