Cross-Subsidization in Teacher Pension Benefits: Examining Rates of Return Among School Districts

2020 ◽  
Vol 49 (7) ◽  
pp. 512-517
Author(s):  
James V. Shuls ◽  
Andrew Tipping

When pension benefits are not directly tied to contributions, some individuals may earn disproportionate returns on their retirement contributions. For instance, individuals who receive relatively larger late-career raises will receive disproportionately greater returns. For teachers, whose salaries are determined by salary schedules set by districts, these differences may be nonrandom, with larger raises accruing to teachers in more advantaged school districts. Using salary schedules from 490 school districts, the authors estimate the rate of return on contributions for each district. They then analyze the relationship between district characteristics and the rate of return. They find that the rate of return varies markedly among school districts, with larger and generally more affluent school districts benefiting. These findings demonstrate how salary structures and current pension design lead to cross-subsidization of pension benefits among school districts.

2021 ◽  
Vol 4 (7) ◽  
pp. 4-19
Author(s):  
Akmal Baltayevich Allakuliev ◽  

The article examines the interaction of the country's GDP with the state budget in the short and long term, the impact of the macro-fiscal mechanism on the country's economic growth on the example of Uzbekistan.The aim of the study is to identify dynamic correlations between the country's state budget expenditures and the economic growth of the macro-fiscal mechanism in the short and long term, as well as to analyze the approximation or rate of return of GDP and the state budget to equilibrium during various macroeconomic shocks. and hesitation.The scientific novelties of the research are:


2021 ◽  
pp. 016237372110472
Author(s):  
Nathan Barrett ◽  
Deven Carlson ◽  
Douglas N. Harris ◽  
Jane Arnold Lincove

Theories of market-based school reform suggest that teacher labor markets may be inefficient because schools lack autonomy to incentivize performance in hiring, retention, and compensation. We test this empirically by comparing teacher exits in the deregulated market of New Orleans with neighboring traditional school districts. We find that the relationship between teacher performance and retention is stronger in the deregulated market. We also find positive associations between salary and performance, but only when teachers transfer from one charter school to another. While teacher retention is more closely tied to performance in New Orleans, this did not yield a net gain in teacher quality, because new teachers in New Orleans were of lower average quality than their peers in neighboring districts.


2017 ◽  
Vol 119 (2) ◽  
pp. 1-24 ◽  
Author(s):  
F. Chris Curran

Background/Context Teach for America (TFA) represents an influential yet controversial preparation route for new teachers. In recent years, TFA has received criticism from traditionally trained teachers and schools of education on the basis that they are crowding out or taking positions away from non-TFA teachers. Despite this criticism, research on TFA has tended to focus on its impact on student outcomes rather than on its implications for teacher labor markets. Research Questions This study explores the relationship between TFA placement in school districts in the Mississippi Delta and district advertised vacancies to provide the first evidence on the impact of TFA on teacher labor market outcomes. The questions addressed include the following: What is the relationship between TFA presence in a Mississippi school district and the number of district vacancies advertised through the state board of education? Do these relationships vary by characteristics of the vacancy such as grade level or subject area? Setting This study uses data on school districts in the state of Mississippi for an 11-year period from 2001 through 2011. Research Design This study utilizes two primary analytic strategies. The first encompasses school district and year fixed effects with a series of time-varying control variables to identify the impact of TFA placement off changes in the use of TFA by districts over time. The second approach capitalizes on an abrupt increase in the presence of TFA in Mississippi starting in 2009 by using a difference-in-differences design. A series of robustness and sensitivity checks are also included. Findings/Results The results indicate that the presence of TFA in a district predicts approximately 11 fewer advertised vacancies per year per district and that each additional TFA teacher placed in a district predicts approximately one less advertised vacancy. Conclusions/Recommendations The results indicate that in the Mississippi Delta, TFA appears to be filling teacher vacancies. This suggests that the continued use of TFA by districts may be a viable solution to addressing teacher shortages.


1993 ◽  
Vol 25 (2) ◽  
pp. 56-68 ◽  
Author(s):  
Bruce L. Ahrendsen

AbstractA dual cost function approach is developed as an alternative to time series and simplistic approaches for estimating farmers' expected operating rates of return on assets. A translog restricted cost function is estimated using data provided by 152 North Carolina dairy farmers over the period 1976 through 1986. The predicted costs from the fitted restricted cost function are used to construct estimates of farmers' expected operating rates of return on assets. The estimates from this structural approach explain more of the variation in observed rates than do time series estimates or sample mean observed rates.


Cartilage ◽  
2019 ◽  
pp. 194760351989473 ◽  
Author(s):  
Eoghan T. Hurley ◽  
Martin S. Davey ◽  
M. Shazil Jamal ◽  
Amit K. Manjunath ◽  
Michael J. Alaia ◽  
...  

Objective The purpose of this study is to systematically review the literature and to evaluate the reported rehabilitation protocols, return-to-play guidelines, and subsequent rates of return to play following cartilage restoration procedures in the knee. Design MEDLINE, EMBASE, and the Cochrane Library were searched according to the PRISMA guidelines to find studies on cartilage restoration procedures in the knee, including (1) microfracture (Mfx), (2) osteochondral autograft transfer (AOT), (3) osteochondral allograft implantation (OCA), and (4) autologous chondrocyte implantation (ACI). Studies were included if they reported return-to-play data or rehabilitation protocols. Results Overall, 179 studies fit our inclusion criteria, with 48 on Mfx, 34 on AOT, 54 on OCA, and 51 on ACI. The rate of return to play was reported as high as 88.2% with AOT, and as low as 77.2% following OCA, with rates of return to play at the same/higher level as high as 79.3% with AOT, and as low as 57.3% following ACI. The average reported time of return to play was as low as 4.9 months with AOT, and as high as 11.6 months following ACI. Conclusions The majority of patients are able to return to play following cartilage restoration procedures in the knee, regardless of surgical procedure utilized. However, while the rate of return to play at the same level was similar to the overall rate of return following AOT, there was a large number of patients unable to return to the same level following Mfx, OCA, and ACI. Additionally, there is wide variety in the rehabilitation protocols, and scant literature on return-to-play protocols.


2011 ◽  
Vol 403-408 ◽  
pp. 5166-5171
Author(s):  
Zhen Hu ◽  
Jing Lei Sun

Under the double win constraint condition between the public and private party, this paper takes VFM (Value for Money) as the evaluating indicator of the government’s earnings, uses the rate of return on investment as the evaluating indicator of the project company’s earnings in order to analyze the relationship among cost control, technical investment and franchising period. We found that the effective cost control can shorten the franchising period and hardly depend on the technical investment. If the contribution of the technical investment to the reduction of the maintenance cost is comparatively high, increasing technical investment can effectively shorten the franchising period, otherwise it has to postpone the franchising period so as to meet the earnings target of both the public and private parties when increasing the technical investment


2013 ◽  
Vol 291-294 ◽  
pp. 866-871
Author(s):  
Wen Xia Liu ◽  
Liu Liu ◽  
Shang Yuan Li ◽  
Bing Lu

This paper describe an approach to optimize the economy of electric vehicles’fast charging station investment with service satisfaction be constraints. An optimized model is proposed to study the relationship between the number of charge devices and economy of investment, which is based on the internal rate of return. Some service index like the queuing time and queuing length based on queuing theory are calculated to make sure the result reasonable and attainable for both investors and customers. At last, an example based on a conventional traffic flow and service intensity is simulated on Matlab to prove the effectiveness of the model.


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