The academic and labor market returns of university professors
利用博科尼大学行政数据与意大利税务记录，估计大学教师对学生学业成绩和劳动力市场结果的影响，发现教师在这两方面的回报仅微弱正相关。
This paper estimates the impact of college teaching on students' academic achievement and labor market outcomes using administrative data from Bocconi University matched with Italian tax records. The estimation exploits the random allocation of students to teachers in a fixed sequence of compulsory courses. We find that the academic and labor market returns of teachers are only mildly positively correlated and that the professors who are best at improving the academic achievement of their best students are not always also the ones who boost their earnings the most, especially for the least able students.