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Do Academic Salaries Decline with Seniority?

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Author Info
Moore, William J
Newman, Robert J
Turnbull, Geoffrey K
Abstract

This article reexamines the negative seniority-earnings relationship for academic economists. The empirical results show that the anomalous negative seniority effect found in earlier academic market studies holds in the absence of direct measures of research productivity. The negative effect, however, eventually disappears as more comprehensive measures of publishing, citations, and other productivity measures are included in the wage equation to control for the quantity and quality of faculty productivity. Faculty with greater seniority appear to be rewarded relatively less simply because many have been relatively less productive than their colleagues with less seniority at similar stages in their careers. Copyright 1998 by University of Chicago Press.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 16 (1998)
Issue (Month): 2 (April)
Pages: 352-66
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Handle: RePEc:ucp:jlabec:v:16:y:1998:i:2:p:352-66

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  1. William J. Moore & Robert J. Newman & M. Dek Terrell, . "Academic Economists' Pay and Productivity: A Tale of Two Countries," Departmental Working Papers 2002-16, Department of Economics, Louisiana State University. [Downloadable!]
  2. William J. Moore & Robert J. Newman & Peter J. Sloane & Jeremy D. Steely, . "Productivity Effects of Research Assessment Exercises," Departmental Working Papers 2002-15, Department of Economics, Louisiana State University. [Downloadable!]
  3. Blakely Fender & Susan Taylor & Kimberly Burke, 2005. "Making the Big Leagues: Factors Contributing to Publication in Elite Economics Journals," Atlantic Economic Journal, International Atlantic Economic Society, vol. 33(1), pages 93-103, March. [Downloadable!] (restricted)
  4. Daniel Hamermesh & Amy M. Parker, 2003. "Beauty in the Classroom: Professors' Pulchritude and Putative Pedagogical Productivity," NBER Working Papers 9853, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Oswald, Andrew J., 2006. "An Examination of the Reliability of Prestigious Scholarly Journals: Evidence and Implications for Decision-makers," The Warwick Economics Research Paper Series (TWERPS) 744, University of Warwick, Department of Economics. [Downloadable!]
    Other versions:
  6. William J. Moore & Robert J. Newman & Geoffrey K. Turnbull, . "Internal Markets for Department Chairs: Comparative Advantage, Life-Cycle, and Jury Duty," Departmental Working Papers 2002-14, Department of Economics, Louisiana State University. [Downloadable!]
  7. Wendy A. Stock & John J. Siegfried, 2006. "Where are they Now? Tracking the Ph.D. Class of 1997," Working Papers 0605, Department of Economics, Vanderbilt University. [Downloadable!]
    Other versions:
  8. Hilmer, Michael J. & Hilmer, Christiana E., 2006. "Women Helping Women in Agricultural Economics? Same-Gender Mentoring and Early Career Research Productivity for Agricultural Economics Ph.D.s," 2006 Annual meeting, July 23-26, Long Beach, CA 21067, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  9. Carolyn Pitchik, 2006. "Self-Promoting Investments," Working Papers tecipa-229, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
  10. William Moore & Robert Newman & Geoffrey Turnbull, 2007. "The Experience-Earnings Profile: Productivity-Augmenting or Purely Contractual? Evidence from the UK," Journal of Labor Research, Springer, vol. 28(3), pages 417-435, July. [Downloadable!] (restricted)
  11. Philip Stevens, 2005. "The job satisfaction of English academics and their intentions to quit academe," Labor and Demography 0512005, EconWPA. [Downloadable!]
    Other versions:
  12. William J. Moore & Robert J. Newman & Geoffrey K. Turnbull, . "The Experience-Earnings Profile: Productivity-Augmenting or Purely Contractual?," Departmental Working Papers 2002-13, Department of Economics, Louisiana State University. [Downloadable!]
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