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Nber Working Paper Series Early Retirement Incentives and Student Achievement
| Content Provider | Semantic Scholar |
|---|---|
| Author | Fitzpatrick, Maria Donovan Lovenheim, Michael F. |
| Copyright Year | 2013 |
| Abstract | Early retirement incentives (ERIs) are increasingly prevalent in education as districts seek to close budget gaps by replacing expensive experienced teachers with lower-cost newer teachers. Combined with the aging of the teacher workforce, these ERIs are likely to change the composition of teachers dramatically in the coming years. We use exogenous variation from an ERI program in Illinois in the mid-1990s to provide the first evidence in the literature of the effects of large-scale teacher retirements on student achievement. We find the program did not reduce test scores; likely, it increased them, with positive effects most pronounced in lower-SES schools. Maria D. Fitzpatrick Department of Policy and Management Cornell University 103 Martha Van Rensselaer Hall Ithaca, NY 14853 and NBER maria.d.fitzpatrick@cornell.edu Michael F. Lovenheim Department of Policy Analysis and Management Cornell University 135 Martha Van Rensselaer Hall Ithaca, NY 14853 and NBER mfl55@cornell.edu |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.nber.org/papers/w19281.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |