Tag
value_added
2 findings
EducationLevel-Based vs. Value-Added Quality Signals in Parental DemandExploded logit specifications using raw average test scores yielded the best fit to observed choices (-log likelihood = -42,570 for non-lunch white elementary), whereas models using estimated school value-added fit observed choices poorly (-log likelihood = -43,751), demonstrating that parental decisions are driven by achievement levels rather than gains.Observational StudyEducationPay-for-Percentile Tournament ContractTiered raise brackets (top 10% get 10% raise, 61-90th get 7%, 16-60th get 5%, 3-15th get 2%, bottom 2% get 0%) generated a 0.0918 standard deviation increase in student test scores relative to flat 5% raise controls (p < 0.10).RCT