If you pay peanuts, do you get monkeys? If teachers were better paid and higher up the national income distribution, would there be an improvement in pupil performance? Peter Dolton and Oscar Marcenaro-Gutierrez examine the enormous variation in teachers' pay across OECD countries and its significance for educational outcomes.

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26 October 2011     Paper Number CEPCP352

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This CentrePiece article is published under the centre's Education programme.