IDEAS home Printed from https://ideas.repec.org/a/fip/fedhep/y2009iqivp2-15nv.33no.4.html
   My bibliography  Save this article

How will baby boomer retirements affect teacher labor markets?

Author

Listed:
  • Daniel Aaronson
  • Katherine Meckel

Abstract

The authors estimate teacher demand and supply through 2020 to gauge the impact of baby boomer retirements on the demand for new teachers. They find that the projected demand will accelerate through at least 2020, and a good portion of this increase will be due to retirements. Still, this demand, once it has been adjusted for the size of the potential work force, will not be considerably different from that of the past five decades.

Suggested Citation

  • Daniel Aaronson & Katherine Meckel, 2009. "How will baby boomer retirements affect teacher labor markets?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 33(Q IV), pages 2-15.
    • Handle: RePEc:fip:fedhep:y:2009:i:qiv:p:2-15:n:v.33no.4
    as

    Download full text from publisher

    File URL: http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2009/ep_4qtr2009_part1_aaronson_meckel.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Steven G. Rivkin & Eric A. Hanushek & John F. Kain, 2005. "Teachers, Schools, and Academic Achievement," Econometrica, Econometric Society, vol. 73(2), pages 417-458, March.
    2. Eric A. Hanushek & EJohn F. Kain & Steven G. Rivkin, 2004. "Why Public Schools Lose Teachers," Journal of Human Resources, University of Wisconsin Press, vol. 39(2).
    3. Daniel Aaronson & Daniel G. Sullivan, 2002. "Growth in worker quality," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Feb.
    4. Scafidi Benjamin & Sjoquist David L. & Stinebrickner Todd R., 2006. "Do Teachers Really Leave for Higher Paying Jobs in Alternative Occupations?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 6(1), pages 1-44, December.
    5. Stinebrickner, Todd R., 1998. "An Empirical Investigation of Teacher Attrition," Economics of Education Review, Elsevier, vol. 17(2), pages 127-136, April.
    6. Harris, Douglas N. & Adams, Scott J., 2007. "Understanding the level and causes of teacher turnover: A comparison with other professions," Economics of Education Review, Elsevier, vol. 26(3), pages 325-337, June.
    7. Daniel Aaronson & Lisa Barrow & William Sander, 2007. "Teachers and Student Achievement in the Chicago Public High Schools," Journal of Labor Economics, University of Chicago Press, vol. 25(1), pages 95-135.
    8. Donald Boyd & Hamilton Lankford & Susanna Loeb & James Wyckoff, 2005. "The draw of home: How teachers' preferences for proximity disadvantage urban schools," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 24(1), pages 113-132.
    9. Charles T. Clotfelter & Elizabeth J. Glennie & Helen F. Ladd & Jacob L. Vigdor, 2008. "Teacher Bonuses and Teacher Retention in Low-Performing Schools," Public Finance Review, , vol. 36(1), pages 63-87, January.
    10. Richard J. Murnane & Randall J. Olsen, 1990. "The Effects of Salaries and Opportunity Costs on Length of Stay in Teaching: Evidence from North Carolina," Journal of Human Resources, University of Wisconsin Press, vol. 25(1), pages 106-124.
    11. Jonah E. Rockoff, 2004. "The Impact of Individual Teachers on Student Achievement: Evidence from Panel Data," American Economic Review, American Economic Association, vol. 94(2), pages 247-252, May.
    12. Jan Ondrich & Emily Pas & John Yinger, 2008. "The Determinants of Teacher Attrition in Upstate New York," Public Finance Review, , vol. 36(1), pages 112-144, January.
    13. Dolton, Peter J & van der Klaauw, Wilbert, 1995. "Leaving Teaching in the UK: A Duration Analysis," Economic Journal, Royal Economic Society, vol. 105(429), pages 431-444, March.
    14. Murnane, Richard J & Olsen, Randall J, 1989. "The Effects of Salaries and Opportunity Costs on Duration in Teaching: Evidence from Michigan," The Review of Economics and Statistics, MIT Press, vol. 71(2), pages 347-352, May.
    15. Sean P. Corcoran & William N. Evans & Robert M. Schwab, 2004. "Women, the labor market, and the declining relative quality of teachers," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 23(3), pages 449-470.
    16. Podgursky, Michael & Monroe, Ryan & Watson, Donald, 2004. "The academic quality of public school teachers: an analysis of entry and exit behavior," Economics of Education Review, Elsevier, vol. 23(5), pages 507-518, October.
    17. Peter Dolton & Wilbert van der Klaauw, 1999. "The Turnover of Teachers: A Competing Risks Explanation," The Review of Economics and Statistics, MIT Press, vol. 81(3), pages 543-550, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robert G. Valletta & K. Jody Hoff & Jane S. Lopus, 2014. "Lost In Translation? Teacher Training And Outcomes In High School Economics Classes," Contemporary Economic Policy, Western Economic Association International, vol. 32(4), pages 695-709, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jonah E. Rockoff, 2008. "Does Mentoring Reduce Turnover and Improve Skills of New Employees? Evidence from Teachers in New York City," NBER Working Papers 13868, National Bureau of Economic Research, Inc.
    2. Alejandro Ganimian & Mariana Alfonso & Ana Santiago, 2013. "Calling Their Bluff: Expressed and Revealed Preferences of Top College Graduates Entering Teaching in Argentina," IDB Publications (Working Papers) 82302, Inter-American Development Bank.
    3. Varga, Júlia, 2013. "A közalkalmazotti béremelés hatása a tanárok pályaelhagyási döntéseire [The effect of a public-sector pay increase on teachers attrition]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 579-600.
    4. Wiswall, Matthew, 2013. "The dynamics of teacher quality," Journal of Public Economics, Elsevier, vol. 100(C), pages 61-78.
    5. Li Feng, 2009. "Opportunity Wages, Classroom Characteristics, and Teacher Mobility," Southern Economic Journal, John Wiley & Sons, vol. 75(4), pages 1165-1190, April.
    6. Eric Hanushek & Steven Rivkin, "undated". "Constrained Job Matching: Does Teacher Job Search Harm Disadvantaged Urban Schools?," Discussion Papers 09-011, Stanford Institute for Economic Policy Research.
    7. Vera, Celia Patricia, 2018. "A structural approach to assessing retention policies in public schools," MPRA Paper 90657, University Library of Munich, Germany.
    8. Hendricks, Matthew D., 2014. "Does it pay to pay teachers more? Evidence from Texas," Journal of Public Economics, Elsevier, vol. 109(C), pages 50-63.
    9. Dora Gicheva, 2022. "Altruism and Burnout: Long Hours in the Teaching Profession," ILR Review, Cornell University, ILR School, vol. 75(2), pages 427-457, March.
    10. Gilpin, Gregory A., 2011. "Reevaluating the effect of non-teaching wages on teacher attrition," Economics of Education Review, Elsevier, vol. 30(4), pages 598-616, August.
    11. Dinand Webbink & José María Cabrera, 2016. "Do higher salaries yield better teachers and better student outcomes?," Documentos de Trabajo/Working Papers 1604, Facultad de Ciencias Empresariales y Economia. Universidad de Montevideo..
    12. Ganimian, Alejandro & Alfonso, Mariana & Santiago, Ana, 2013. "Calling Their Bluff: Expressed and Revealed Preferences of Top College Graduates Entering Teaching in Argentina," IDB Publications (Working Papers) 4633, Inter-American Development Bank.
    13. Andrew Agopsowicz & Chris Robinson & Ralph Stinebrickner & Todd Stinebrickner, 2020. "Careers and Mismatch for College Graduates: College and Noncollege Jobs," Journal of Human Resources, University of Wisconsin Press, vol. 55(4), pages 1194-1221.
    14. Jose Maria Cabrera & Dinand Webbink, 2020. "Do Higher Salaries Yield Better Teachers and Better Student Outcomes?," Journal of Human Resources, University of Wisconsin Press, vol. 55(4), pages 1222-1257.
    15. Barbieri, Gianna & Rossetti, Claudio & Sestito, Paolo, 2011. "The determinants of teacher mobility: Evidence using Italian teachers’ transfer applications," Economics of Education Review, Elsevier, vol. 30(6), pages 1430-1444.
    16. Cowen, Joshua M. & Butler, J.S. & Fowles, Jacob & Streams, Megan E. & Toma, Eugenia F., 2012. "Teacher retention in Appalachian schools: Evidence from Kentucky," Economics of Education Review, Elsevier, vol. 31(4), pages 431-441.
    17. Jan Ondrich & Emily Pas & John Yinger, 2008. "The Determinants of Teacher Attrition in Upstate New York," Public Finance Review, , vol. 36(1), pages 112-144, January.
    18. Winters, Marcus A. & Dixon, Bruce L. & Greene, Jay P., 2012. "Observed characteristics and teacher quality: Impacts of sample selection on a value added model," Economics of Education Review, Elsevier, vol. 31(1), pages 19-32.
    19. Yi Wei & Sen Zhou & Yunbo Liu, 2020. "The draw of home: How does teacher’s initial job placement relate to teacher mobility in rural China?," PLOS ONE, Public Library of Science, vol. 15(1), pages 1-14, January.
    20. Frijters, Paul & Shields, Michael A. & Wheatley Price, Stephen, 2004. "To Teach or Not to Teach? Panel Data Evidence on the Quitting Decision," IZA Discussion Papers 1164, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    Retirement; Labor market;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedhep:y:2009:i:qiv:p:2-15:n:v.33no.4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lauren Wiese (email available below). General contact details of provider: https://edirc.repec.org/data/frbchus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.