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Retention of talented academic researchers: Evidence from a government intervention

Author

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  • Pascal Courty
  • John Sim

Abstract

The Canada Research Chairs (CRC) Program is designed primarily to retain academic talent in Canadian universities by providing targeted grants to outstanding researchers. Once awarded a chair at her home university, a researcher's compensation increases by 6.3% on average, with a significant decline over CRC tenure. Furthermore, the chance of the researcher changing jobs does not decrease. Although universities report spending more than half of the grant on compensation, only a small portion of the grant can be accounted for as a compensation increase. This demonstrates the difficulty in designing government interventions to have an impact on academic retention.

Suggested Citation

  • Pascal Courty & John Sim, 2015. "Retention of talented academic researchers: Evidence from a government intervention," Canadian Journal of Economics, Canadian Economics Association, vol. 48(5), pages 1635-1660, December.
    • Handle: RePEc:cje:issued:v:48:y:2015:i:5:p:1635-1660
    DOI: 10.1111/caje.12175
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    Cited by:

    1. Marco Cozzi, 2020. "Public Funding of Research and Grant Proposals in the Social Sciences: Empirical Evidence from Canada," Department Discussion Papers 1809, Department of Economics, University of Victoria.

    More about this item

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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