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The Effects of Salaries and Opportunity Costs on Duration in Teaching: Evidence from Michigan Author info | Abstract | Publisher info | Download info | Related research | Statistics Murnane, Richard J
Olsen, Randall J
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This paper demonstrates that salaries and opportunity costs have important influences on how long teachers stay in teaching. The empirical work is based on a new longitudinal dataset providing information on the careers of 7800 Michigan public school teachers. The generalized least squares estimation technique accommodates censored observations, time-varying covariates, and fixed effects. One implication of the result is that predictions from the current generation of teacher supply and demand models are likely to be misleading. Copyright 1989 by MIT Press.
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Article provided by MIT Press in its journal Review of Economics & Statistics .
Volume (Year): 71 (1989)
Issue (Month): 2 (May)
Pages: 347-52
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Handle: RePEc:tpr:restat:v:71:y:1989:i:2:p:347-52Contact details of provider: Web page: http://mitpress.mit.edu/journals/
Order Information: Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535
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