On July 1, over 50 million Mexicans went to the polls to elect the next President of the Republic. The official count showed the Institutional Revolutionary Party (PRI) candidate, Enrique Peña Nieto, as winning with 38.21% of the vote. He was followed by Democratic Revolucionary Party (PRD) candidate Andrés Manuel López Obrador, who received 31.59% of the vote and National Action Party (PAN) candidate Josefina Vázquez Mota with 25.41% of the vote.
Merit‐based incentives are a topic of growing interest in labor economics due to their potential to increase performance for private and public employees. Following this argument, such pay schemes have been applied in numerous countries to provide incentives to teachers and schools based on their students’ achievement scores and other performance metrics. However, because of the multi-task, multi-principal and multi-period nature of education, they present several caveats. Observational and experimental research provides ambiguous conclusions about their impact.