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Liquidity for teachers: Evidence from Teach For America and LinkedIn

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Listed:
  • Coffman, Lucas C.
  • Conlon, John J.
  • Featherstone, Clayton R.
  • Kessler, Judd B.
  • Mixon, Jessica

Abstract

There are teacher shortages in the U.S. and around the world. In a three-year field experiment with a large teacher placement program, Teach For America (TFA), Coffman et al. (2019) finds that providing upfront liquidity to prospective teachers in financial need dramatically increases the rate at which they start teaching through TFA. In this paper, we combine TFA administrative data, survey data, and publicly available data (e.g., LinkedIn profiles) to extend those results. We follow individuals for a few years post treatment and find that providing upfront liquidity not only increases the rate that financially constrained individuals join TFA but also increases the rate that they complete the full two years of teaching. Further, providing liquidity to those who need it increases their likelihood of being teachers at all – not just through TFA – through at least two years.

Suggested Citation

  • Coffman, Lucas C. & Conlon, John J. & Featherstone, Clayton R. & Kessler, Judd B. & Mixon, Jessica, 2023. "Liquidity for teachers: Evidence from Teach For America and LinkedIn," Economics of Education Review, Elsevier, vol. 97(C).
    • Handle: RePEc:eee:ecoedu:v:97:y:2023:i:c:s0272775723001073
    DOI: 10.1016/j.econedurev.2023.102460
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    References listed on IDEAS

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    More about this item

    Keywords

    Teachers; Labor supply; Liquidity; Household finance; Education; Low income; Experiments; Field experiments;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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