{"id":79126,"date":"2016-10-31T11:38:00","date_gmt":"2016-10-31T11:38:00","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&#038;p=79126"},"modified":"2025-07-04T11:42:41","modified_gmt":"2025-07-04T10:42:41","slug":"the-long-run-economic-consequences-of-high-stakes-examinations-evidence-from-transitory-variation-in-pollution","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/the-long-run-economic-consequences-of-high-stakes-examinations-evidence-from-transitory-variation-in-pollution\/","title":{"rendered":"The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Cognitive performance during high-stakes exams can be affected by random disturbances that, even if transitory, may have permanent consequences. We evaluate this hypothesis among Israeli students who took a series of matriculation exams between 2000 and 2002. Exploiting variation across the same student taking multiple exams, we find that transitory PM<sub>2.5<\/sub>&nbsp;exposure is associated with a significant decline in student performance. We then examine these students in 2010 and find that PM<sub>2.5<\/sub>&nbsp;exposure during exams is negatively associated with postsecondary educational attainment and earnings. The results highlight how reliance on noisy signals of student quality can lead to allocative inefficiency.<\/p>\n\n\n\n<p><strong>Ebenstein, Avraham, Victor Lavy, and Sefi Roth.&nbsp;2016.&nbsp;&ldquo;The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution.&rdquo;&nbsp;<em>American Economic Journal: Applied Economics<\/em>&nbsp;8 (4): 36&ndash;65.DOI: 10.1257\/app.20150213<\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Cognitive performance during high-stakes exams can be affected by random disturbances that, even if transitory, may have permanent consequences. We&hellip;<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[403],"publication-type":[436],"topic_area":[4702],"class_list":["post-79126","publication","type-publication","status-publish","hentry","tag-air-pollution","publication-type-research-articles","topic_area-air-pollution"],"acf":{"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["sefi-roth"],"type":"relationship","post_type":"profile"},"article_link":{"ref_value":"field_52eee3c7f0586","value":"https:\/\/www.aeaweb.org\/articles?id=10.1257\/app.20150213","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"external link to paper","type":false,"post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/the-long-run-economic-consequences-of-high-stakes-examinations-evidence-from-transitory-variation-in-pollution\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Cognitive performance during high-stakes exams can be affected by random disturbances that, even if transitory, may have permanent consequences. 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