Wednesday, October 12, 2016

The Wonk Podcast: Intro & Episode 1

As young people flock to cities, more and more notice the burden of high rent. Why is rent so high, and how do we know when it's a problem? Spence breaks down rental markets with urban economist Dr. Sam Staley: how do we measure changes in the housing market, how do we decide between good and bad development, and who are the YIMBY unicorns?


JPAM Awards 2015 Vernon Memorial Prize

October 13, 2015 03:30 PM


The Journal of Policy Analysis and Management (JPAM) is pleased to announce that the winners of this year’s Raymond Vernon Memorial Award are Thomas S. Dee, Stanford University and James H. Wyckoff, University of Virginia for their paper Incentives, Selection and Teacher Performance: Evidence from IMPACT. The paper was first published in the Spring 2015 issue of JPAM.

The award will be presented to Dee and Wyckoff on Friday, November 13 during the Membership & Awards Luncheon at the Association for Public Policy Analysis and Management (APPAM) Fall Research Conference, held this year November 12–14 in Miami, Florida.

The paper is a great example of how careful analysis of non-experimental data can shed light on an important and controversial issue like teacher compensation.

The authors rigorously test whether and how the performance incentives put in place by then-Chancellor Michelle Rhee in the District of Columbia public schools affected teacher retention and performance. It would be highly difficult if not impossible to study the impacts of such performance incentives through random assignment, so it is critical to come up with alternative evaluation strategies.

The Vernon Memorial Award, created by the Association for Public Policy Analysis and Management (APPAM), seeks to annually recognized excellence in research through the selection of a paper published in the current volume of JPAM. This year’s committee, appointed by Kenneth Couch, Editor-in-Chief of the Journal, included; Ingrid Gould Ellen (chair), New York University; along with John MacDonald, University of Pennsylvania; Harold Pollack, University of Chicago; and Jenny Schuetz, Board of Governors of the Federal Reserve.


Dee and Wyckoff cleverly, and thoughtfully, use regression discontinuity analysis to compare the performance and retention of teachers whose ratings placed them near the thresholds for the program’s performance bands. Their results show that dismissal threats increased the voluntary attrition of low-performing teachers and improved the performance of those who remained. Further, financial incentives appear to have improved the performance of high-performing teachers as well.

Readers walk away from this clear and careful paper with a strong sense that performance incentives – combined with multi-faceted measures of teacher performance as well as support and resources for teachers - can improve teacher effectiveness.  The authors do not oversell their results and thoughtfully explore potential limits to generalizability. They also acknowledge the potential downsides to such high-stakes teacher evaluation systems and caution care in weighing costs and benefits. 


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