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Performance pay for teachers is frequently suggested as a way of improving educational outcomes in schools, but the empirical evidence to date on its effectiveness is limited and mixed. We present results from a randomized evaluation of a teacher incentive program implemented across a representative sample of government-run rural primary schools in the(More)
I propose a framework in which individual political participation is endogenous and can take two distinct forms, voting and contributing resources to campaigns, in a context in which the negligible impact of any individual's actions on aggregate outcomes is fully recognized by all agents. I then use the framework to reassess the relationship between(More)
In the wake of the Great Recession, financial education has received renewed political support. Although it is difficult to believe that mortgage-backed securities investors or Lehman Brothers' top brass would have benefitted from more financial education, apparently the logic is that ordinary consumers would have made better mortgage choices and would have(More)