Inter-American Development Bank
Institutional Affiliation: Inter-American Development Bank
NBER Working Papers and Publications
|December 2018||What is a Good School, and Can Parents Tell? Evidence on the Multidimensionality of School Output|
with , , : w25342
Is a school’s impact on high-stakes test scores a good measure of its overall impact on students? Do parents value school impacts on tests, longer-run outcomes, or both? To answer the first question, we exploit quasi-random school assignments and data from Trinidad and Tobago. We construct exogenous instruments for each individual school and estimate the causal impacts of individual schools on several short- and longer-run outcomes. Schools’ impacts on high-stakes tests are weakly related to impacts on low-stakes tests, dropout, crime, teen motherhood, and formal labor market participation. To answer the second question, we link estimated school impacts to parents’ ranked lists of schools. We propose a modified mulitnomial logit model that allows one to infer preferences for school attribu...