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来源类型Working Paper
规范类型报告
DOI10.3386/w28816
来源IDWorking Paper 28816
A Quantitative Framework for Analyzing the Distributional Effects of Incentive Schemes
Hugh Macartney; Robert McMillan; Uros Petronijevic
发表日期2021-05-17
出版年2021
语种英语
摘要This paper develops the first quantitative framework for analyzing distributional effects of incentive schemes in public education. The analysis is built around a hump-shaped effort function, estimated semi-parametrically using exogenous incentive variation and rich administrative data. We identify key primitives that rationalize this effort function by estimating a flexible teacher effort-choice model. Both the model and parameter estimates are necessary components in our counterfactual framework for tracing the effects of alternative accountability systems on the entire test score distribution, with effort adjusting endogenously. We find widespread schemes that set a fixed target for all students give rise to a steep performance-inequality tradeoff. Further, counterfactual incentive policies can outperform existing schemes for the same cost — reducing the black-white test score gap by 7% (via student-specific bonuses), and lowering test-score inequality across students by 90% (via student-specific targets). Our quantitative approach opens up new possibilities for incentive design in practice.
主题Microeconomics ; Economics of Information ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Compensation ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w28816
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586488
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Hugh Macartney,Robert McMillan,Uros Petronijevic. A Quantitative Framework for Analyzing the Distributional Effects of Incentive Schemes. 2021.
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