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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24883 |
来源ID | Working Paper 24883 |
The Determinants of Teachers' Occupational Choice | |
Kevin Lang; Maria Dolores Palacios | |
发表日期 | 2018-08-06 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Among college graduates, teachers have both low average AFQT and high average risk aversion, perhaps because the compression of earnings within teaching attracts relatively risk-averse individuals. Using a dynamic optimization model with unobserved heterogeneity, we show that were it possible to make teacher compensation mimic the return to skills and riskiness of the non-teaching sector, overall compensation in teaching would increase. Moreover, this would make many current teachers substantially worse off, making reform challenging. Importantly, our conclusions are sensitive to the degree of heterogeneity for which we allow. Since even a model with no unobserved heterogeneity fits well within sample, one could easily conclude that allowing for two or three types fits the data adequately. Formal methods reject this conclusion. The BIC favors seven types. Ranking models using cross-validation, nine types is better although the improvements of going from six to seven, from seven to eight and from eight to nine types are noticeably smaller than those from adding an additional type to a lower base. |
主题 | Econometrics ; Estimation Methods ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Compensation ; Labor Market Structures |
URL | https://www.nber.org/papers/w24883 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582557 |
推荐引用方式 GB/T 7714 | Kevin Lang,Maria Dolores Palacios. The Determinants of Teachers' Occupational Choice. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24883.pdf(458KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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