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Monetary Incentives and Student Achievement in a Depressed Labor Market: Results from a Randomized Experiment

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  • Maria De Paola
  • Vincenzo Scoppa
  • Rosanna Nistic�

Abstract

We evaluate the effectiveness of monetary incentives in enhancing student performance using a randomized experiment involving undergraduate students enrolled at a southern Italian University. Students were assigned to three different groups: a high-reward group, a low-reward group, and a control group. Rewards were given to the 30 best-performing students in each group. Financial rewards increase student performance. High-ability students react strongly whereas the effect is null for low-ability students. Large and small rewards produce very similar effects. These effects also persist in subsequent years, when the financial incentives are no longer in place. No types of crowding-out effects of the monetary incentives are found.

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Bibliographic Info

Article provided by University of Chicago Press in its journal Journal of Human Capital.

Volume (Year): 6 (2012)
Issue (Month): 1 ()
Pages: 56 - 85

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Handle: RePEc:ucp:jhucap:doi:10.1086/664795

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References

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  1. Kremer, Michael R. & Miguel, Edward & Thornton, Rebecca, 2009. "Incentives to Learn," Scholarly Articles 3716457, Harvard University Department of Economics.
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  7. Joshua Angrist & Eric Bettinger & Erik Bloom & Elizabeth King & Michael Kremer, 2001. "Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment," NBER Working Papers 8343, National Bureau of Economic Research, Inc.
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Cited by:
  1. Maria De Paola & Vincenzo Scoppa, 2011. "The Effectiveness Of Remedial Courses In Italy: A Fuzzy Regression Discontinuity Design," Working Papers 201114, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
  2. Brunello, Giorgio & De Paola, Maria, 2013. "The Costs of Early School Leaving in Europe," IZA Discussion Papers 7791, Institute for the Study of Labor (IZA).
  3. Sandner, Malte, 2013. "Quasi-Experimental Evaluation of a Student Mentoring Program," Hannover Economic Papers (HEP) dp-512, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

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