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A Partial Identification Approach to Identifying the Determinants of Human Capital Accumulation: An Application to Teachers

人力资本积累决定因素的部分识别:教师应用

ABSTRACT This paper views career growth in teacher quality through the lens of human capital theory to understand the roles of on‐the‐job training (OJT) and learning by doing (LBD) in human capital formation. If OJT is the primary determinant of human capital, incentive pay policies could create a dynamic multitasking problem, leading teachers to reduce their human capital investments, thereby lowering future student achievement. In contrast, teacher human capital and future…

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Social Interactions, Mechanisms, and Equilibrium: Evidence from a Model of Study Time and Academic Achievement

We develop and estimate a model of student study time choices on a social network. The model is designed to exploit unique data in the Berea Panel Study. Study time data allow us to quantify an intuitive mechanism for academic social interactions: own study time may depend on friend study time in a heterogeneous manner. Social network data allow us to embed study time and resulting academic achievement in an estimable equilibrium framework. We develop a specification test…

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Measuring quality for use in incentive schemes: The case of “shrinkage” estimators

激励机制中的质量测度:收缩估计量的经济后果

Researchers commonly “shrink” raw quality measures based on statistical criteria. This paper studies when and how this transformation's statistical properties would confer economic benefits to a utility‐maximizing decision‐maker across common asymmetric information environments. I develop the results for an application measuring teacher quality. The presence of a systematic relationship between teacher quality and class size could cause the data transformation to do either…

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