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Comparing the Early Research Performance of PhD Graduates in Labor Economics in Europe and the USA

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  • Ana Rute Cardoso
  • Paulo Guimaraes
  • Klaus F. Zimmermann

Abstract

This paper analyzes the early research performance of PhD graduates in labor economics, addressing the following questions: Are there major productivity differences between graduates from American and European institutions? If so, how relevant is the quality of the training received (i.e. ranking of institution and supervisor) and the research environment in the subsequent job placement institution? The population under study consists of labor economics PhD graduates who received their degree in the years 2000 to 2005 in Europe or the USA. Research productivity is evaluated alternatively as the number of publications or the quality-adjusted number of publications of an individual. When restricting the analysis to the number of publications, results suggest a higher productivity by graduates from European universities than from USA universities, but this difference vanishes when accounting for the quality of the publication. The results also indicate that graduates placed at American institutions, in particular top ones, are likely to publish more quality-adjusted articles than their European counterparts. This may be because, when hired, they already have several good acceptances or because of more focused research efforts and clearer career incentives.

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Bibliographic Info

Paper provided by Barcelona Graduate School of Economics in its series Working Papers with number 368.

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Date of creation: Dec 2008
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Handle: RePEc:bge:wpaper:368

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Keywords: graduate programs; research productivity;

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References

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  1. Oswald, Andrew J., 2008. "Can We Test for Bias in Scientific Peer-Review?," IZA Discussion Papers 3665, Institute for the Study of Labor (IZA).
  2. Rabah Amir & Malgorzata Knauff, 2008. "Ranking Economics Departments Worldwide on the Basis of PhD Placement," The Review of Economics and Statistics, MIT Press, vol. 90(1), pages 185-190, 08.
  3. Christiana Hilmer & Michael Hilmer, 2007. "Women Helping Women, Men Helping Women? Same-Gender Mentoring, Initial Job Placements, and Early Career Publishing Success for Economics PhDs," American Economic Review, American Economic Association, vol. 97(2), pages 422-426, May.
  4. Valerie Smeets & Frédèric warzynski & Tom Coupé, 2006. "Does the Academic Labor Market Initially Allocate New Graduates Efficiently?," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 161-172, Summer.
  5. Laband, David N & Piette, Michael J, 1994. "The Relative Impacts of Economics Journals: 1970-1990," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 640-66, June.
  6. Ronald G. Ehrenberg & Panagiotis G. Mavros, 1995. "Do Doctoral Students' Financial Support Patterns Affect Their Times-To-Degree and Completion Probabilities?," Journal of Human Resources, University of Wisconsin Press, vol. 30(3), pages 581-609.
  7. DREZE, Jacques H; & ESTEVAN, Fernanda, . "Research and higher education in economics: can we deliver the Lisbon objectives," CORE Discussion Papers RP -1941, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  8. Gustav Feichtinger & Alexia Prskawetz & Vladimir M. Veliov, 2002. "Age-structured optimal control in population economics," MPIDR Working Papers WP-2002-045, Max Planck Institute for Demographic Research, Rostock, Germany.
  9. Alan B. Krueger & Stephen Wu, 2000. "Forecasting Job Placements of Economics Graduate Students," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(1), pages 81-94, December.
  10. J. Peter Neary & James A. Mirrlees & Jean Tirole, 2003. "Evaluating Economics Research in Europe: An Introduction," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1239-1249, December.
  11. Kirman, Alan & Dahl, Mogens, 1994. "Economic research in Europe," European Economic Review, Elsevier, vol. 38(3-4), pages 505-522, April.
  12. Wayne A. Grove & Stephen Wu, 2007. "The Search for Economics Talent: Doctoral Completion and Research Productivity," American Economic Review, American Economic Association, vol. 97(2), pages 506-511, May.
  13. Tom Coupé, 2003. "Revealed Performances: Worldwide Rankings of Economists and Economics Departments, 1990-2000," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1309-1345, December.
  14. Kocher, Martin G. & Luptacik, Mikulas & Sutter, Matthias, 2006. "Measuring productivity of research in economics: A cross-country study using DEA," Socio-Economic Planning Sciences, Elsevier, vol. 40(4), pages 314-332, December.
  15. Bruno S. Frey & Reiner Eichenberger, 1993. "American and European Economics and Economists," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 185-193, Fall.
  16. Susan Athey & Lawrence F. Katz & Alan B. Krueger & Steven Levitt & James Poterba, 2007. "What Does Performance in Graduate School Predict? Graduate Economics Education and Student Outcomes," American Economic Review, American Economic Association, vol. 97(2), pages 512-520, May.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Performance of labour PhDs
    by Richard Tol in The Irish Economy on 2010-08-30 08:25:46
  2. Early Research Performance of PhD Graduates in Labour Economics (EU and US)
    by Liam Delaney in Geary Behaviour Centre on 2010-08-30 20:04:00
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:
  1. Oswald, Andrew J., 2009. "World-Leading Research and its Measurement," The Warwick Economics Research Paper Series (TWERPS) 887, University of Warwick, Department of Economics.
  2. Hamermesh, Daniel S. & Pfann, Gerard A., 2009. "Markets for Reputation: Evidence on Quality and Quantity in Academe," IZA Discussion Papers 4610, Institute for the Study of Labor (IZA).
  3. Lex Borghans & Frank Cörvers, 2010. "The Americanization of European Higher Education and Research," NBER Chapters, in: American Universities in a Global Market, pages 231-267 National Bureau of Economic Research, Inc.
  4. Zimmermann, Klaus F., 2011. "Evidenzbasierte Politikberatung," IZA Standpunkte 38, Institute for the Study of Labor (IZA).
  5. Ketzler, Rolf & Zimmermann, Klaus F., 2012. "A Citation-Analysis of Economic Research Institutes," IZA Discussion Papers 6780, Institute for the Study of Labor (IZA).
  6. Oswald, Andrew J., 2009. "A Suggested Method for the Measurement of World-Leading Research (Illustrated with Data on Economics)," IZA Discussion Papers 4313, Institute for the Study of Labor (IZA).

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