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


  • 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)


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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    References listed on IDEAS

    1. repec:fth:prinin:366 is not listed on IDEAS
    2. Hanushek, Eric A., 2002. "Publicly provided education," Handbook of Public Economics,in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 30, pages 2045-2141 Elsevier.
    3. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 38(2), pages 112-134.
    4. Card, David & Krueger, Alan B, 1992. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 1-40, February.
    5. David Card & Alan B. Krueger, 1996. "School Resources and Student Outcomes: An Overview of the Literature and New Evidence from North and South Carolina," Journal of Economic Perspectives, American Economic Association, vol. 10(4), pages 31-50, Fall.
    6. Jörn-Steffen Pischke, 2007. "The Impact of Length of the School Year on Student Performance and Earnings: Evidence From the German Short School Years," Economic Journal, Royal Economic Society, vol. 117(523), pages 1216-1242, October.
    7. Marcotte, Dave E., 2007. "Schooling and test scores: A mother-natural experiment," Economics of Education Review, Elsevier, vol. 26(5), pages 629-640, October.
    8. Ozkan Eren & Daniel Millimet, 2007. "Time to learn? The organizational structure of schools and student achievement," Empirical Economics, Springer, vol. 32(2), pages 301-332, May.
    9. David Card & Alan Krueger, 1996. "School Resources and Student Outcomes: An Overview of the Literature and New Evidence from North and South Carolina," Working Papers 745, Princeton University, Department of Economics, Industrial Relations Section..
    10. Grogger, Jeff, 1996. "Does School Quality Explain the Recent Black/White Wage Trend?," Journal of Labor Economics, University of Chicago Press, vol. 14(2), pages 231-253, April.
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    More about this item


    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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