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NYUAbuDhabiConferenceonEducationMediaandHuman.ppt
* * * * * * * * * * * * * * * Figure 4. Score’s percentile at 8th grade students as a function of teachers’ salaries after 15 years experience. 4. Econometric Estimation Teacher Salaries - function of: Supply of Teachers Demand for Teachers Production Function for Pupil Outcomes: function of : Teacher Hours, Pupil Teacher Ratios Educational Expenditure GDP Growth 4. Econometric Estimation: Identification Use panel data therefore: With fixed country effects we are arguing that there are not systematic influences
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