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The e ect of financial rewards on students achievement: Evidence from a randomized experiment

  • Edwin Leuven

    (University of Amsterdam & Tinbergen Institute)

  • Hessel Oosterbeek

    (University of Amsterdam & Tinbergen Institute)

  • Bas van der Klaauw

    (Free University Amsterdam & Tinbergen Institute)

This paper reports about a randomized field experiment in which first year economics and business students at the University of Amsterdam could earn financial rewards for passing the first year requirements within one year. Participants were assigned to a high, low and zero (control) reward group. The passing rate and the numbers of collected credit point are not statistically di erent across the three groups. We do find some evidence for heterogeneous treatment effects. In particular, high ability students and students from higher social backgrounds have higher passing rates and collect more credit points when assigned to (higher) reward groups. Students in the reward groups, however, do not report to have studied more hours.

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File URL: http://econwpa.repec.org/eps/hew/papers/0410/0410002.pdf
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Paper provided by EconWPA in its series HEW with number 0410002.

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Length: 35 pages
Date of creation: 05 Oct 2004
Date of revision:
Handle: RePEc:wpa:wuwphe:0410002
Note: Type of Document - pdf; pages: 35
Contact details of provider: Web page: http://econwpa.repec.org

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  1. James J. Heckman & Lance Lochner & Christopher Taber, 1999. "General Equilibrium Cost Benefit Analysis of Education and Tax Policies," NBER Working Papers 6881, National Bureau of Economic Research, Inc.
  2. Joshua D. Angrist & Victor Lavy, 2002. "The Effect of High School Matriculation Awards: Evidence from Randomized Trials," NBER Working Papers 9389, National Bureau of Economic Research, Inc.
  3. 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.
  4. Michael Kremer & Edward Miguel & Rebecca Thornton, 2009. "Incentives to Learn," The Review of Economics and Statistics, MIT Press, vol. 91(3), pages 437-456, August.
  5. Leuven, Edwin & Oosterbeek, Hessel & van der Klaauw, Bas, 2003. "The Effect of Financial Rewards on Students' Achievements: Evidence from a Randomized Experiment," CEPR Discussion Papers 3921, C.E.P.R. Discussion Papers.
  6. Tomas Philipson, 1999. "External Treatment Effects and Program Implementation Bias," Working Papers 9929, Harris School of Public Policy Studies, University of Chicago.
  7. Erica Field, 2006. "Educational Debt Burden and Career Choice: Evidence from a Financial Aid Experiment at NYU Law School," NBER Working Papers 12282, National Bureau of Economic Research, Inc.
  8. Edwin Leuven & Hessel Oosterbeek & Bas van der Klaauw, 2004. "The e ect of financial rewards on students achievement: Evidence from a randomized experiment," HEW 0410002, EconWPA.
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