Andrew C. Johnston
Do Pensions Enhance Worker Effort and Selection? Evidence from Public Schools
Tags: Teacher well-beingWhy do employers offer pensions? We empirically explore two theoretical rationales, namely that pensions may improve worker effort and worker selection. We examine these hypotheses using administrative measures on effort and output in public schools around the pension-… more →
Teacher Labor Market Equilibrium and Student Achievement
We study whether reallocating existing teachers across schools within a district can increase student achievement, and what policies would help achieve these gains. Using a model of multi-dimensional value-added, we find meaningful achievement gains from reallocating teachers within a… more →
Pension Reform and Labor Supply
As unfunded pension liabilities grow, governments experiment with ways to curb costs. We examine the effect of a representative cost-cutting reform on the retention and productivity of workers. The reform reduced pension annuities and increased penalties for early retirement, projected to save 8… more →
Preferences, Selection, and the Structure of Teacher Pay
Human-capital formation in school depends largely on the selection and retention of teachers. I conduct a discrete-choice experiment with responses linked to administrative teacher and student records to examine teacher preferences for compensation structure and working conditions. I calculate… more →