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In Search of a New Equilibrium: Economic Aspects of Higher Education's Changing Faculty Composition

Author

Listed:
  • David H. Monk

    (College of Education, Pennsylvania State University)

  • Michael J. Dooris

    (Office of Planning and Institutional Assessment, Pennsylvania State University)

  • Rodney A. Erickson

    (Executive Vice President and Provost, Pennsylvania State University)

Abstract

This article examines the interconnected phenomena of recruitment, retention, and utilization of faculty at research universities, with special emphasis on the changing mix of tenure track and contingent (i.e., fixed term) faculty members. The authors argue, based upon both national data and detailed information from a particular institution, that powerful economic forces are prompting research universities to rethink fundamental strategies about the core academic workforce. © 2009 American Education Finance Association

Suggested Citation

  • David H. Monk & Michael J. Dooris & Rodney A. Erickson, 2009. "In Search of a New Equilibrium: Economic Aspects of Higher Education's Changing Faculty Composition," Education Finance and Policy, MIT Press, vol. 4(3), pages 300-318, July.
    • Handle: RePEc:tpr:edfpol:v:4:y:2009:i:3:p:300-318
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    File URL: http://www.mitpressjournals.org/doi/pdf/10.1162/edfp.2009.4.3.300
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    More about this item

    Keywords

    higher education; faculty composition;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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