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Barlevy, Gadi, and
Derek Neal. 2012. "Pay for Percentile."
,
102(5): 1805-31.
Show Article Details
DOI: 10.1257/aer.102.5.1805
Abstract:We propose an incentive scheme for educators that links compensation to the ranks of their students within comparison sets. Under certain conditions, this scheme induces teachers to allocate socially optimal levels of effort. Moreover, because this scheme employs only ordinal information, it allows education authorities to employ completely new assessments at each testing date without ever having to equate various assessments. This removes incentives for teachers to teach to a particular assessment form and eliminates opportunities to influence reward pay by corrupting assessment scales. Education authorities can employ separate no-stakes assessment systems to
track trends in scaled measures of student achievement. (JEL I21, I28, J33, J45)
Additional links:
Online Appendix
Authors:
Barlevy, Gadi (Federal Reserve Bank of Chicago)
Neal, Derek (U Chicago)
JEL Classifications:
I21: Analysis of Education
I28: Education: Government Policy
J33: Compensation Packages; Payment Methods
J45: Public Sector Labor Markets
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