The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution
Victor Lavy () and
American Economic Journal: Applied Economics, 2016, vol. 8, issue 4, 36-65
Cognitive performance during high-stakes exams can be affected by random disturbances that, even if transitory, may have permanent consequences. We evaluate this hypothesis among Israeli students who took a series of matriculation exams between 2000 and 2002. Exploiting variation across the same student taking multiple exams, we find that transitory PM2.5 exposure is associated with a significant decline in student performance. We then examine these students in 2010 and find that PM2.5 exposure during exams is negatively associated with postsecondary educational attainment and earnings. The results highlight how reliance on noisy signals of student quality can lead to allocative inefficiency.
JEL-codes: I21 I23 I26 J24 J31 Q51 Q53 (search for similar items in EconPapers)
Note: DOI: 10.1257/app.20150213
References: Add references at CitEc
Citations: View citations in EconPapers (53) Track citations by RSS feed
Downloads: (external link)
https://www.aeaweb.org/articles/attachments?retrie ... H3B3j6RnwADV-b6A5pvK (application/zip)
https://www.aeaweb.org/articles/attachments?retrie ... ZYBn4_iPe-7Edvd1zudu (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... 8tNqbKaLhaZ-73R1Knrm (application/zip)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aea:aejapp:v:8:y:2016:i:4:p:36-65
Ordering information: This journal article can be ordered from
Access Statistics for this article
American Economic Journal: Applied Economics is currently edited by Alexandre Mas
More articles in American Economic Journal: Applied Economics from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().