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Between the penthouse and the outhouse: the sorting of economics professors

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  • Timothy Perri

Abstract

Oyer (2007, 2008) considered the turnover of economics professors early in their careers. He found professors are more likely to move down from higher ranked schools than up from lower ranked schools. An asymmetric information model suggests this phenomenon is explained by imperfect screening at one's initial hiring. The smaller the fraction of more able individuals, and the more accurate the screening, the greater the chance downward movement exceeds upward movement.

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File URL: http://hdl.handle.net/10.1080/13504851.2012.674199
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 19 (2012)
Issue (Month): 18 (December)
Pages: 1899-1902

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Handle: RePEc:taf:apeclt:v:19:y:2012:i:18:p:1899-1902

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  1. Peter A. Groothuis & Richard Hill & Timothy Perri, 2007. "The Dilemma of Choosing Talent: Michael Jordans are Hard to Find," Working Papers 07-01, Department of Economics, Appalachian State University.
  2. Oyer, Paul, 2008. "Ability and employer learning: Evidence from the economist labor market," Journal of the Japanese and International Economies, Elsevier, vol. 22(2), pages 268-289, June.
  3. Paul Oyer, 2006. "Initial Labor Market Conditions and Long-Term Outcomes for Economists," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 143-160, Summer.
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