Using 2000 Census data, we describe the relationship between women’s education and marriage outcomes. Women’s education is strongly related to husband's income and marital status. This relationship is highly nonlinear and varies across the distribution of husband's earnings. Roughly half of the correlation between women’s education and consumption operates through the marriage market. Using 1980 Census data and the quarter of birth instruments proposed by Angrist and Krueger, we find that women's education may have a positive causal effect on husband's earnings, though not on probability of marriage.

We examine how well principals can distinguish between more and less effective teachers. To put principal evaluations in context, we compare them with the traditional determinants of teacher compensation—education and experience—as well as value‐added measures of teacher effectiveness based on student achievement gains. We present “out‐of‐sample” predictions that mitigate concerns that the teacher quality and student achievement measures are determined simultaneously. We find that principals can generally identify teachers who produce the largest and smallest standardized achievement gains but have far less ability to distinguish between teachers in the middle of this distribution.