Between the penthouse and the outhouse: the sorting of economics professors
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.
Volume (Year): 19 (2012)
Issue (Month): 18 (December)
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- Peter A. Groothuis & Richard Hill & Timothy Perri, 2007.
"The Dilemma of Choosing Talent: Michael Jordans are Hard to Find,"
07-01, Department of Economics, Appalachian State University.
- Peter Groothuis & James Richard Hill & Timothy Perri, 2009. "The dilemma of choosing talent: Michael Jordans are hard to find," Applied Economics, Taylor & Francis Journals, vol. 41(25), pages 3193-3198.
- Paul Oyer, 2007.
"Ability and Employer Learning: Evidence from the Economist Labor Market,"
NBER Working Papers
12989, National Bureau of Economic Research, Inc.
- Paul Oyer, 2008. "Ability and employer learning: Evidence from the economist labor market," NBER Chapters, in: Organizational Innovation and Firm Performance, pages 268-289 National Bureau of Economic Research, Inc.
- 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.
- Oyer, Paul, 2007. "Ability and Employer Learning: Evidence from the Economist Labor Market," Research Papers 1961, Stanford University, Graduate School of Business.
- 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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