TY - JOUR AU - Jacob,Brian A. AU - Lefgren,Lars TI - What Do Parents Value in Education? An Empirical Investigation of Parents' Revealed Preferences for Teachers JF - National Bureau of Economic Research Working Paper Series VL - No. 11494 PY - 2005 Y2 - July 2005 UR - http://www.nber.org/papers/w11494 L1 - http://www.nber.org/papers/w11494.pdf N1 - Author contact info: Brian Jacob Gerald R. Ford School of Public Policy University of Michigan 735 South State Street Ann Arbor, MI 48109 Tel: 734-615-6994 Fax: NA E-Mail: bajacob@umich.edu Lars Lefgren Department of Economics Brigham Young University 130 Faculty Office Bulding Provo, UT 84602-2363 Tel: (801) 422-5169 E-Mail: l-lefgren@byu.edu M2 - featured in NBER digest on 2006-03-01 AB - This paper examines revealed parent preferences for their children's education using a unique data set that includes the number of parent requests for individual elementary school teachers along with information on teacher attributes including principal reports of teacher characteristics that are typically unobservable. We find that, on average, parents strongly prefer teachers that principals describe as good at promoting student satisfaction and place relatively less value on a teacher's ability to raise standardized math or reading achievement. These aggregate effects, however, mask striking differences across family demographics. Families in higher poverty schools strongly value student achievement and are essentially indifferent to the principal's report of a teacher's ability to promote student satisfaction. The results are reversed for families in higher-income schools. ER -