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Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success?

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  • Ho Fai Chan
  • Bruno S. Frey
  • Jana Gallus
  • Benno Torgler

Abstract

Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients’ subsequent research activity and status compared to a synthetic control group of non-recipient scholars with similar previous research performance. We find evidence of positive incentive and status effects that raise both productivity and citation levels.

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File URL: http://www.cesifo-group.de/portal/page/portal/DocBase_Content/WP/WP-CESifo_Working_Papers/wp-cesifo-2013/wp-cesifo-2013-10/cesifo1_wp4419.pdf
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Bibliographic Info

Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 4419.

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Date of creation: 2013
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Handle: RePEc:ces:ceswps:_4419

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Keywords: awards; incentives; research; John Bates Clark Medal; synthetic control method;

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Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Recognition stimulates productivity: no surprises there!
    by Nicholas Gruen in Club Troppo on 2013-02-17 07:38:20
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Cited by:
  1. Ho Fai Chan & Benno Torgler, 2013. "The Implications of Educational and Methodological Background for The Career Success of Nobel Laureates: Looking at Major Awards," CREMA Working Paper Series 2013-13, Center for Research in Economics, Management and the Arts (CREMA).

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