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Koedel, Cory; Parsons, Eric; Podgursky, Michael; Ehlert, Mark – Education Finance and Policy, 2015
We compare teacher preparation programs in Missouri based on the effectiveness of their graduates in the classroom. The differences in effectiveness between teachers from different preparation programs are much smaller than has been suggested in previous work. In fact, virtually all of the variation in teacher effectiveness comes from…
Descriptors: Teacher Education Programs, Teacher Effectiveness, Comparative Analysis, College Graduates
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Koedel, Cory; Ni, Shawn; Podgursky, Michael – Education Finance and Policy, 2014
During the late 1990s public pension funds across the United States accrued large actuarial surpluses. The seemingly flush conditions of the pension funds led legislators in most states to substantially improve retirement benefits for public workers, including teachers. In this study we examine the benefit enhancements to the teacher pension…
Descriptors: Retirement Benefits, Teacher Retirement, Beginning Teachers, Compensation (Remuneration)
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Costrell, Robert M.; Podgursky, Michael – Education Finance and Policy, 2010
While it is generally understood that defined benefit pension systems concentrate benefits on career teachers and impose costs on mobile teachers, there has been very little analysis of the magnitude of these effects. The authors develop a measure of implicit redistribution of pension wealth among teachers at varying ages of separation. Compared…
Descriptors: Teacher Retirement, Educational Finance, Retirement Benefits, Costs
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Costrell, Robert M.; Podgursky, Michael – Education Finance and Policy, 2009
This article examines the pattern of incentives for work versus retirement in six state teacher pension systems. We do this by examining the annual accrual of pension wealth from an additional year of work over a teacher's career. Accrual of wealth is highly nonlinear and heavily loaded at arbitrary years that would normally be considered…
Descriptors: Teacher Retirement, Finance Reform, Retirement Benefits, Personnel Policy
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Podgursky, Michael; Tongrut, Ruttaya – Education Finance and Policy, 2006
Statistics on the relative pay of public school teachers are routinely cited by plaintiffs in school finance ("adequacy") lawsuits. However, comparisons of pay and benefits for public school teachers to those of professional employees in other sectors are complicated by the fact that most teachers work under contracts that are nine or ten months…
Descriptors: Public School Teachers, Educational Finance, Measurement Techniques, Compensation (Remuneration)