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Tài liệu The Economic Value of Higher Teacher Quality pdf
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Tài liệu The Economic Value of Higher Teacher Quality pdf

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URBAN INSTITUTE

The Economic Value

of Higher

Teacher Quality

E ric Hanushe k

w o r k i n g p a p e r 5 6 • d e c e m b e r 2 0 1 0

The Economic Value of Higher Teacher Quality

i

Contents

Acknowledgements..................................................................................................................................................................ii

Abstract........................................................................................................................................................................................iii

Introduction.................................................................................................................................................................................1

The Central Importance of Teachers ..................................................................................................................................3

Problems with Current Teacher Policies...........................................................................................................................6

Current Certification Policies...................................................................................................................................................6

Current Salary Policies ..............................................................................................................................................................8

What is the Economic Value of Quality Teachers?..................................................................................................... 12

The Demand Side Based on Expected Student Earnings............................................................................................. 13

The Demand Side Based on Aggregate Economic Growth......................................................................................... 21

Costs and the Timing of Benefits ...................................................................................................................................... 23

Policy Conclusions.................................................................................................................................................................. 26

References................................................................................................................................................................................. 29

Tables.......................................................................................................................................................................................... 35

Figures......................................................................................................................................................................................... 38

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