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Life-Cycle, Effort and Academic Deadwood

Author

Listed:
  • Yu-Fu Chen

    (University of Dundee)

  • Gylfi Zoega

    (Department of Economics, Mathematics & Statistics, Birkbeck)

Abstract

It has been observed that university professors sometimes become less research active in their mature years. This paper models the decision to become inactive as a utility maximising problem under conditions of uncertainty and derives an age-dependent inactivity condition for the level of research productivity. The economic analysis is applicable to other professions as well were work effort is difficult to observe along some dimensions.

Suggested Citation

  • Yu-Fu Chen & Gylfi Zoega, 2010. "Life-Cycle, Effort and Academic Deadwood," Birkbeck Working Papers in Economics and Finance 1009, Birkbeck, Department of Economics, Mathematics & Statistics.
    • Handle: RePEc:bbk:bbkefp:1009
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    File URL: https://eprints.bbk.ac.uk/id/eprint/7545
    File Function: First version, 2010
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. How to avoid academic deadwood
      by Economic Logician in Economic Logic on 2010-05-31 20:20:00

    More about this item

    JEL classification:

    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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