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The Value of a Finance Journal Publication

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Author Info
Steve Swidler (University of Texas at Arlington,)
Elizabeth Goldreyer (University of Denver)
Abstract

The empirical analysis examines the salary and publication records of 311 finance professors at public research universities to calculate the worth of a top finance journal article. Within rank, salary regressions provide measures of the direct returns of a journal publication, while probit models consider the indirect returns that result from promotion. Ultimately, the analysis uses a reduced form salary equation to measure both the direct and indirect effects of publishing a journal article. Depending on professorial rank, the present value of the first top finance journal article is between $19,493 and $33,754, with the additional result of large returns to subsequent publications. Copyright The American Finance Association 1998.

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Publisher Info
Article provided by American Finance Association in its journal The Journal of Finance.

Volume (Year): 53 (1998)
Issue (Month): 1 (02)
Pages: 351-363
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Handle: RePEc:bla:jfinan:v:53:y:1998:i:1:p:351-363

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  1. Lasser, Dennis & Rydqvist, Kristian, 2006. "Ranking Journals by Concentration of Author Affiliation: Thirty-Five Years of Finance Research," CEPR Discussion Papers 5731, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  2. Gisèle Chevalier, Richard Hudson, 2001. "The use of intentional language in scientific articles in finance," Journal of Economic Methodology, Taylor and Francis Journals, vol. 8(2), pages 203-228, June. [Downloadable!] (restricted)
  3. Paul Oyer, 2006. "The Macro-Foundations of Microeconomics: Initial Labor Market Conditions and Long-Term Outcomes for Economists," NBER Working Papers 12157, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Alexander K. Koch & Albrecht Morgenstern, 2005. "From Team Spirit to Jealousy: The Pitfalls of Too Much Transparency," IZA Discussion Papers 1661, Institute for the Study of Labor (IZA). [Downloadable!]
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  5. Besancenot, Damien & Vranceanu, Radu, 2006. "Can Incentives for Research Harm Research? A Business Schools Tale," ESSEC Working Papers DR 06003, ESSEC Research Center, ESSEC Business School. [Downloadable!]
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  6. Jeff Everett, 2007. "Ethics Education and the Role of the Symbolic Market," Journal of Business Ethics, Springer, vol. 76(3), pages 253-267, December. [Downloadable!] (restricted)
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