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Title: On Policies to Reward the Value Added by Educators
Resulting in 1 citation.
1. Cawley, John
Heckman, James J.
Vytlacil, Edward
On Policies to Reward the Value Added by Educators
Review of Economics and Statistics 81,4 (November 1999): 720-727.
Also: http://www.jstor.org/stable/2646720
Cohort(s): NLSY79
Publisher: Harvard University Press
Keyword(s): Education; Socioeconomic Factors; Test Scores/Test theory/IRT; Wages

Permission to reprint the abstract has not been received from the publisher.

One current educational reform seeks to reward the value added by teachers and schools based on the average change in pupil test scores over time. The conditions under which the average change in scores is sufficient to rank schools in terms of value added are outlined. A key condition is that socioeconomic outcomes be a linear function of test scores. Absent this condition, one can still derive the optimal value-added policy if one knows the relationship between test scores and socioeconomic outcomes, and the distribution of test scores both before and after the intervention. Using the National Longitudinal Survey of Youth, a nonlinear relationship is found between test scores and one important outcome: log wages.
Bibliography Citation
Cawley, John, James J. Heckman and Edward Vytlacil. "On Policies to Reward the Value Added by Educators." Review of Economics and Statistics 81,4 (November 1999): 720-727.