%0 Report
        %A Woo, Seokjin
%A Lee, Soohyung
%A Kim, Kyunghee
        %T Carrot and Stick? Impact of a Low-Stakes School Accountability Program on Student Achievement
        %D 2015
        %8 2015 Oct
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 9458
        %U https://www.iza.org/index.php/publications/dp9458
        %X A key concern in the design of education policies relates to the structure of incentives in accountability systems. This paper examines a school accountability program that provides financial support to low-performing schools but has no direct punishment scheme for recipients who do not exhibit improvement. Although the program does not include high-stakes consequences, our estimates indicate that the program reduced the share of underperforming students by 18 percent. This paper's results suggest that to improve student achievement, a school accountability program does not need to set high-stakes consequences that potentially induce unwanted strategic behaviors on the part of school workers.
        %K school performance
%K student achievement
%K school accountability
%K fuzzy regression discontinuity design