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. A smaller fraction of more able individuals and more accurate screening imply a greater chance downward movement exceeds movement up. Key Words:
|Date of creation:||2011|
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Web page: http://economics.appstate.edu/
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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.
- Oyer, Paul, 2007.
"Ability and Employer Learning: Evidence from the Economist Labor Market,"
1961, Stanford University, Graduate School of Business.
- 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.
- 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.
- 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, 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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