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Human capital
Reaping the Rewards Later: How Education Improves Old-Age Cognition in South Africa
Topics: Student LearningCognition, a component of human capital, is fundamental for decision-making, and understanding the causes of human capital depreciation in old age is especially important in aging societies. Using various proxy measures of cognitive performance from a longitudinal survey in South Africa,… more →
White Advantage in Teacher Assignment
Using detailed classroom-level data for North Carolina, we build on previous research to examine racial gaps in access to high-quality teachers. We calculate the exposure of White, Black and Hispanic students to teachers with various characteristics in 4th grade, 7th grade math and English, and… more →
School-based Mentoring Relationships and Human Capital Formation
Topics: Student LearningWe document a largely unrecognized pathway through which schools promote human capital development – by fostering informal mentoring relationships between students and school personnel. Using longitudinal data from a large, nationally representative sample of adolescents, we explore the… more →
Labor Market Signaling and the Value of College: Evidence from Resumes and the Truth
Tags: Higher education, Human capitalHow do college non-completers list schooling on their resumes? The negative signal of not completing might outweigh the positive signal of attending but not persisting. If so, job-seekers might hide non-completed schooling on their resumes. To test this we match resumes from an online jobs board… more →
Effects of Perceived Productivity on Study Effort: Evidence from a Field Experiment
Topics: Student LearningTags: Motivation, Human capitalHow does the perceived relationship between effort and achievement affect effort? To answer this question, I conduct a field experiment with a popular online learning platform. I exogenously manipulate students’ beliefs about returns to effort by assigning them to different information… more →
For‐Profit Colleges in the United States: Insights from Two Decades of Research
Tags: Higher education, Human capitalIn this paper, I review the economics literature on for-profit college education in the United States, assessing what we know about institutional behavior and student outcomes after two decades of research. The many studies reviewed here reveal some consistent patterns. It is clear that for-… more →
Beyond Traditional Academic Degrees: The Labor Market Returns to Occupational Credentials in the United States
Occupational credentials provide an additional—and, at times, alternative—path other than traditional academic degrees for individuals to increase productivity and demonstrate their abilities and qualifications to employers. These credentials take the form of licenses and certifications.… more →
Public Investments and Class Gaps in Parents’ Developmental Expenditures
Topics: Policy, Politics, and GovernanceFamilies and governments are the primary sources of investment in children, proving access to basic resources and other developmental opportunities. Recent research identifies significant class gaps in parental investments that contribute to high levels of inequality by family income and… more →
The Value of College Athletics in the Labor Market: Results from a Resume Audit Field Experiment
Employers may favor applicants who played college sports if athletics participation contributes to leadership, conscientiousness, discipline, and other traits that are desirable for labor-market productivity. We conduct a resume audit to estimate the causal effect of listing collegiate athletics… more →
“That's Against Your Contract?”: Exploring the Complexity of Collective Bargaining Tensions
This case study offers an organizational perspective on the ways in which a collective bargaining agreement shaped the administrative functioning of schools within an urban district. The data demonstrate how rational choice assumptions failed to account for the everyday site interactions between… more →
Signals, Information, and the Value of College Names
Tags: Higher education, Human capitalColleges can send signals about their quality by adopting new, more alluring names. We study how this affects college choice and labor market performance of college graduates. Administrative data show name-changing colleges enroll higher-aptitude students, with larger effects for alluring-but-… more →
The Three R’s of Teacher Pension Funding: Redistribution, Return, and Risk
How are teacher pension benefits funded? Under traditional plans, the full cost of a career teacher’s benefits far exceeds the contributions designated for them. The gap between the two has three pieces, which may (with some license) be mnemonically tagged the three R’… more →
Teachers’ Willingness To Pay For Retirement Benefits: A National Stated Preferences Experiment
Many states have recently made or are considering changes to their teacher retirement systems. However, little is known about how teachers value various elements of their retirement benefits versus other aspects of their jobs and compensation. To help alleviate this gap, we use a discrete choice… more →
State Investment in Higher Education: Effects on Human Capital Formation, Student Debt, and Long-Term Financial Outcomes of Students
Tags: Higher education, Human capitalMost public colleges and universities rely heavily on state financial support. As state budgets have tightened in recent decades, appropriations for higher education have declined substantially. Despite concerns expressed by policymakers and scholars that the declines in state support have… more →
Sins of the Past, Present, and Future: Alternative Pension Funding Policies
Tags: Human capitalOur goal in this paper, presented at the 2020 Brookings Municipal Finance Conference, is to better understand teacher pension funding dynamics with a focus on sustainability and intergenerational… more →
Teacher-to-classroom assignment and student achievement
We study the effects of counterfactual teacher-to-classroom assignments on average student achievement in elementary and middle schools in the US. We use the Measures of Effective Teaching (MET) experiment to semiparametrically identify the average reallocation effects (AREs) of such assignments… more →
More Than Shortages: The Unequal Distribution of Substitute Teaching
Classroom teachers in the US are absent on average approximately six percent of a school year. Despite the prevalence of teacher absences, surprisingly little research has assessed the key source of replacement instruction: substitute teachers. Using detailed administrative and survey data from… more →
Advisor Value-Added and Student Outcomes: Evidence from Randomly Assigned College Advisors
This paper provides the first causal evidence on the impact of college advisor quality on student outcomes. To do so, we exploit a unique setting where students are randomly assigned to faculty advisors during their first year of college. We find that higher advisor value-added (VA)… more →
Impacts of state aid for non-traditional students on educational and labor market outcomes
Up to three-fourths of college students can be classified as “non-traditional”, yet whether typical policy interventions improves their education and labor market outcomes is understudied. I use a regression discontinuity design to estimate the impacts of a state financial aid program aimed… more →
Who Benefits from Local Financing of Public Services? A Causal Analysis
Tags: Human capital, School districtsThe efficiency-equity trade-offs in public service delivery may be influenced by the dependency of local governments on their own resources rather than inter-governmental grants. School districts in the United States are expected both to produce human capital efficiently and to provide… more →