skip to content
The determinants of teachers' occupational choice Preview this item
ClosePreview this item
Checking...

The determinants of teachers' occupational choice

Author: Kevin Lang; Maria Dolores Palacios; National Bureau of Economic Research,
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2018.
Series: Working paper series (National Bureau of Economic Research), no. 24883.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Among college graduates, teachers have both low average AFQT and high average risk aversion, perhaps because the compression of earnings within teaching attracts relatively risk-averse individuals. Using a dynamic optimization model with unobserved heterogeneity, we show that were it possible to make teacher compensation mimic the return to skills and riskiness of the non-teaching sector, overall compensation in  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Kevin Lang; Maria Dolores Palacios; National Bureau of Economic Research,
OCLC Number: 1048580439
Notes: "August 2018"
Description: 1 online resource (36 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 24883.
Responsibility: Kevin Lang, Maria Dolores Palacios.

Abstract:

Among college graduates, teachers have both low average AFQT and high average risk aversion, perhaps because the compression of earnings within teaching attracts relatively risk-averse individuals. Using a dynamic optimization model with unobserved heterogeneity, we show that were it possible to make teacher compensation mimic the return to skills and riskiness of the non-teaching sector, overall compensation in teaching would increase. Moreover, this would make many current teachers substantially worse off, making reform challenging. Importantly, our conclusions are sensitive to the degree of heterogeneity for which we allow. Since even a model with no unobserved heterogeneity fits well within sample, one could easily conclude that allowing for two or three types fits the data adequately. Formal methods reject this conclusion. The BIC favors seven types. Ranking models using cross-validation, nine types is better although the improvements of going from six to seven, from seven to eight and from eight to nine types are noticeably smaller than those from adding an additional type to a lower base.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.

Similar Items

Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1048580439> # The determinants of teachers' occupational choice
    a schema:MediaObject, schema:Book, schema:CreativeWork ;
    library:oclcnum "1048580439" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/5383889265#Topic/teaching_vocational_guidance_econometric_models> ; # Teaching--Vocational guidance--Econometric models
    schema:author <http://experiment.worldcat.org/entity/work/data/5383889265#Person/lang_kevin> ; # Kevin Lang
    schema:author <http://experiment.worldcat.org/entity/work/data/5383889265#Person/palacios_maria_dolores> ; # Maria Dolores Palacios
    schema:bookFormat schema:EBook ;
    schema:datePublished "2018" ;
    schema:description "Among college graduates, teachers have both low average AFQT and high average risk aversion, perhaps because the compression of earnings within teaching attracts relatively risk-averse individuals. Using a dynamic optimization model with unobserved heterogeneity, we show that were it possible to make teacher compensation mimic the return to skills and riskiness of the non-teaching sector, overall compensation in teaching would increase. Moreover, this would make many current teachers substantially worse off, making reform challenging. Importantly, our conclusions are sensitive to the degree of heterogeneity for which we allow. Since even a model with no unobserved heterogeneity fits well within sample, one could easily conclude that allowing for two or three types fits the data adequately. Formal methods reject this conclusion. The BIC favors seven types. Ranking models using cross-validation, nine types is better although the improvements of going from six to seven, from seven to eight and from eight to nine types are noticeably smaller than those from adding an additional type to a lower base."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/5383889265> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/5383889265#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/5383889265#Series/nber_working_paper_series> ; # NBER working paper series ;
    schema:name "The determinants of teachers' occupational choice"@en ;
    schema:productID "1048580439" ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/5383889265#Organization/national_bureau_of_economic_research> ; # National Bureau of Economic Research,
    schema:url <http://www.nber.org/papers/w24883> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1048580439> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/5383889265#Organization/national_bureau_of_economic_research> # National Bureau of Economic Research,
    a schema:Organization ;
    schema:name "National Bureau of Economic Research," ;
    .

<http://experiment.worldcat.org/entity/work/data/5383889265#Person/lang_kevin> # Kevin Lang
    a schema:Person ;
    schema:familyName "Lang" ;
    schema:givenName "Kevin" ;
    schema:name "Kevin Lang" ;
    .

<http://experiment.worldcat.org/entity/work/data/5383889265#Person/palacios_maria_dolores> # Maria Dolores Palacios
    a schema:Person ;
    schema:familyName "Palacios" ;
    schema:givenName "Maria Dolores" ;
    schema:name "Maria Dolores Palacios" ;
    .

<http://experiment.worldcat.org/entity/work/data/5383889265#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1048580439> ; # The determinants of teachers' occupational choice
    schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/5383889265#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1048580439> ; # The determinants of teachers' occupational choice
    schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/5383889265#Topic/teaching_vocational_guidance_econometric_models> # Teaching--Vocational guidance--Econometric models
    a schema:Intangible ;
    schema:name "Teaching--Vocational guidance--Econometric models"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.