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Monetary returns to academic ability in the public teacher labor market

Daniel Player

Economics of Education Review, 2009, vol. 28, issue 2, pages 277-285

Abstract: Previous research has established the returns to academic ability in the general labor market, and this paper investigates such returns in the teacher labor market. Using a nationally representative sample of public school teachers, I find that teachers who graduate from the most selective undergraduate institutions have salaries that are between 7% and 14% higher than those who graduate from the least selective colleges. An empirical investigation of the source of these returns reveals that the majority of this difference is due to high-ability teachers sorting into higher paying districts, though a non-trivial amount arises from within-district deviations from the salary schedule.

Keywords: Human; capital; Salary; wage; differentials; Teacher; salaries (search for similar items in EconPapers)
Date: 2009

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