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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28816 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w28816 |
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/586488 |
推荐引用方式 GB/T 7714 | Hugh Macartney,Robert McMillan,Uros Petronijevic. A Quantitative Framework for Analyzing the Distributional Effects of Incentive Schemes. 2021. |
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 | ||
w28816.pdf(1023KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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