Salary Determinants of Entry-Level Academic Economists and the Characteristics of Those Hired on the Tenure Track
AbstractThis paper examines the entry-level labor market for academic economists and investigates the determinants of market salaries. The focus is on the effects of tenure and nontenure track jobs and departmental ranking that are based upon faculty research productivity. The results reveal that the market works differently depending upon whether the hiring department is ranked in terms of research productivity. Being hired on the tenure track significantly influences academic salaries in both ranked and unranked departments. The paper also analyzes the impact of observable characteristics of individuals and hiring departments on the probability of being hired into tenure track positions.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 28 (2002)
Issue (Month): 4 (Fall)
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More information through EDIRC
Economists; Labor Markets; Salaries; Salary;
Find related papers by JEL classification:
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
- J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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