IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v19y2012i18p1899-1902.html
   My bibliography  Save this article

Between the penthouse and the outhouse: the sorting of economics professors

Author

Listed:
  • Timothy Perri

Abstract

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.

Suggested Citation

  • Timothy Perri, 2012. "Between the penthouse and the outhouse: the sorting of economics professors," Applied Economics Letters, Taylor & Francis Journals, vol. 19(18), pages 1899-1902, December.
    • Handle: RePEc:taf:apeclt:v:19:y:2012:i:18:p:1899-1902
    DOI: 10.1080/13504851.2012.674199
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2012.674199
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2012.674199?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. 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.
    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. 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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael E. Rose & Suraj Shekhar, 2021. "Indirect Contacts in Hiring: The Economics Job Market," Working Papers 55, Ashoka University, Department of Economics.
    2. John Manuel Barrios & Laura Giuliano & Andrew J. Leone, 2020. "In Living Color: Does In-Person Screening Affect Who Gets Hired?," Working Papers 2020-38, Becker Friedman Institute for Research In Economics.
    3. Richard S. J. Tol, 2022. "Rise of the Kniesians: the professor-student network of Nobel laureates in economics," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 29(4), pages 680-703, July.
    4. 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.
    5. Ana Rute Cardoso & Paulo Guimarães & Klaus F. Zimmermann, 2010. "Comparing the early research performance of PhD graduates in labor economics in Europe and the USA," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(3), pages 621-637, September.
    6. John P. Conley & Ali Sina Önder & Benno Torgler, 2012. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," Working Papers 2012.86, Fondazione Eni Enrico Mattei.
    7. Sascha Baghestanian & Sergey V. Popov, 2017. "Alma Mat(t)er(s): Determinants of Early Career Success in Economics," Economics Working Papers 17-02, Queen's Management School, Queen's University Belfast.
    8. Jihui Chen & Qihong Liu & Sherrilyn Billger, 2013. "Where Do New Ph.D. Economists Go? Recent Evidence from Initial Labor Market," Journal of Labor Research, Springer, vol. 34(3), pages 312-338, September.
    9. Jihui Chen & Qihong Liu & Myongjin Kim, 2022. "Gender gap in tenure and promotion: Evidence from the economics Ph.D. class of 2008," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1277-1312, April.
    10. Mario González-Sauri & Giulia Rossello, 2023. "The Role of Early-Career University Prestige Stratification on the Future Academic Performance of Scholars," Research in Higher Education, Springer;Association for Institutional Research, vol. 64(1), pages 58-94, February.
    11. Rose, Michael E. & Shekhar, Suraj, 2023. "Adviser connectedness and placement outcomes in the economics job market," Labour Economics, Elsevier, vol. 84(C).
    12. John P. Conley & Ali Sina Önder & Benno Torgler, 2012. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," Working Papers 2012.86, Fondazione Eni Enrico Mattei.
    13. Zhang, Congshan & de Figueiredo, John M., 2018. "Are recessions good for government hires? The effect of unemployment on public sector human capital," Economics Letters, Elsevier, vol. 170(C), pages 1-5.
    14. Nakabayashi, Masaki, 2011. "Schooling, employer learning, and internal labor market effect: Wage dynamics and human capital investment in the Japanese steel industry, 1930-1960s," MPRA Paper 30597, University Library of Munich, Germany.
    15. Giacomo De Giorgi & Michele Pellizzari & William Gui Woolston, 2012. "Class Size And Class Heterogeneity," Journal of the European Economic Association, European Economic Association, vol. 10(4), pages 795-830, August.
    16. Lawson, Cornelia & Geuna, Aldo & Ana Fernández-Zubieta & Toselli, Manuel & Kataishi, Rodrigo, 2015. "International Careers of Researchers in Biomedical Sciences: A Comparison of the US and the UK," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201514, University of Turin.
    17. Illoong Kwon & Eva Meyersson Milgrom & Seiwoon Hwang, 2010. "Cohort Effects in Promotions and Wages: Evidence from Sweden and the United States," Journal of Human Resources, University of Wisconsin Press, vol. 45(3).
    18. Julie L. Hotchkiss & Robert E. Moore, 2022. "Some Like it Hot: Assessing Longer-Term Labor Market Benefits from a High-Pressure Economy," International Journal of Central Banking, International Journal of Central Banking, vol. 18(2), pages 193-243, June.
    19. repec:zbw:bofitp:2020_015 is not listed on IDEAS
    20. Chen, Jihui Susan & Liu, Qihong & Billger, Sherrilyn M., 2012. "Where Do New Ph.D. Economists Go? Evidence from Recent Initial Job Placements," IZA Discussion Papers 6990, Institute of Labor Economics (IZA).
    21. Franklin G. Mixon & Jr. & Kamal P. Upadhyaya, 2019. "Research Productivity and the Ranking of Junior Economics Faculty: An Appraisal of Alternative Metrics," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 9(2), pages 1-2.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:19:y:2012:i:18:p:1899-1902. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.