In this issue... The lasting economic benefits from a coherent package of policy changes would overcome the obstacles posed by short-term political considerations.

The debate over merit pay can be summed up as follows: economists like it, voters love it, and teachers are divided. Can merit pay be made to work? I survey three sets of data that are relevant to answering this question: impact studies of teacher merit-pay schemes, evidence on teacher attitudes to merit pay, and surveys of attitudes in the general public to merit pay. Looking at the existing m...

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Nielsen for assistance and discussions. Views and interpretations are my responsibility, and should not be attributed to the Swedish Fiscal Policy Council.