Tag Archives: Raj Chetty

THE LONG-TERM IMPACTS OF TEACHERS

Interesting work from Raj Chetty, John Friedman, and Jonah Rockoff The earnings gains from replacing a low value-added (bottom 5%) teacher with one of average quality grow as more data are used to estimate value-added. Discounting future earnings gains to … Continue reading

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How to think like an Economist: the Olney method

When writing a lecture on economic modeling and understanding health insurance markets, I’m using a helpful device from Martha Olney of UC Berkeley. She calls it the Olney method of thinking like an economist. The Olney Method Replicate the argument … Continue reading

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