Authors: Rajashri Chakrabarti and Noah Schwartz
-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
Do you have a request for information and records? Learn how to submit it.
Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
-
-
-
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
-
-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
-
-
-
We are connecting emerging solutions with funding in three areas—health, household financial stability, and climate—to improve life for underserved communities. Learn more by reading our strategy.
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
-
Economic Policy Review
Unintended Consequences of School Accountability Policies: Evidence from Florida and Implications for New York
2013 Volume 19, Number 1, May
JEL classification: H40, I21, I28
Over the past two decades, state and federal education policies have tried to hold schools more accountable for educating students by tying rewards and sanctions to test scores and other measurable outcomes. A common criticism of these policies is that they may induce schools to “game the system” along with—or instead of—making genuine educational improvements. One such strategic response may be to classify low-performing students into categories that are excluded from grade computation in an effort to artificially inflate scores. This article analyzes school responses to an influential accountability-tied voucher program in Florida. The authors find evidence of increased classification into “excluded” categories in failing schools following the program's inception. Their findings have important implications for New York City's Progress Reports program and New York's implementation of the federal No Child Left Behind Act. While these policies were modeled after the Florida program, they contain important design differences that are likely to discourage this type of gaming, although they may encourage other strategic classifications.
E-mail Alerts
Tools
By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement. 
