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The academic and labor market returns of university professors

Author

Listed:
  • Michela Braga

    (Bocconi University)

  • Marco Paccagnella

    (OECD and Bank of Italy)

  • Michele Pellizzari

    (University of Geneva)

Abstract

This paper estimates the impact of university teachers on their students� academic achievement and labor market outcomes using administrative data from Bocconi University matched with Italian tax records. The estimation exploits the random allocation of students to teachers in a fixed sequence of compulsory courses. We find that the academic and labor market returns of teachers are only mildly positively correlated and that the professors who are best at improving the academic achievement of their best students are not always also the ones who boost their students� earnings the most, especially for the least able students.

Suggested Citation

  • Michela Braga & Marco Paccagnella & Michele Pellizzari, 2014. "The academic and labor market returns of university professors," Temi di discussione (Economic working papers) 981, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:wptemi:td_981_14
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    References listed on IDEAS

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    1. Ronald G. Ehrenberg & Liang Zhang, 2005. "Do Tenured and Tenure-Track Faculty Matter?," Journal of Human Resources, University of Wisconsin Press, vol. 40(3).
    2. Braga, Michela & Paccagnella, Marco & Pellizzari, Michele, 2014. "Evaluating students’ evaluations of professors," Economics of Education Review, Elsevier, vol. 41(C), pages 71-88.
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    7. 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.
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    13. Scott E. Carrell & James E. West, 2010. "Does Professor Quality Matter? Evidence from Random Assignment of Students to Professors," Journal of Political Economy, University of Chicago Press, vol. 118(3), pages 409-432, June.
    14. Raj Chetty & John N. Friedman & Jonah E. Rockoff, 2011. "The Long-Term Impacts of Teachers: Teacher Value-Added and Student Outcomes in Adulthood," NBER Working Papers 17699, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Brodaty, Thibault & Gurgand, Marc, 2016. "Good peers or good teachers? Evidence from a French University," Economics of Education Review, Elsevier, vol. 54(C), pages 62-78.
    2. Babin, J. Jobu & Hussey, Andrew, 2023. "Gender penalties and solidarity — Teaching evaluation differentials in and out of STEM," Economics Letters, Elsevier, vol. 226(C).
    3. Palali, Ali & van Elk, Roel & Bolhaar, Jonneke & Rud, Iryna, 2018. "Are good researchers also good teachers? The relationship between research quality and teaching quality," Economics of Education Review, Elsevier, vol. 64(C), pages 40-49.
    4. Maia Güell & Michele Pellizzari & Giovanni Pica & José V. Rodríguez Mora, 2018. "Correlating Social Mobility and Economic Outcomes," Economic Journal, Royal Economic Society, vol. 128(612), pages 353-403, July.
    5. Rodríguez, Rosa & Rubio, Gonzalo, 2016. "Teaching quality and academic research," International Review of Economics Education, Elsevier, vol. 23(C), pages 10-27.
    6. Ali Palali & Roel van Elk & Jonneke Bolhaar & Iryna Rud, 2017. "Are good researchers also good teachers? The relationship between research quality and teaching quality," CPB Discussion Paper 347.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    7. Pieter De Vlieger & Brian Jacob & Kevin Stange, 2018. "Measuring Instructor Effectiveness in Higher Education," NBER Chapters, in: Productivity in Higher Education, pages 209-258, National Bureau of Economic Research, Inc.

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    More about this item

    Keywords

    teacher quality; higher education;

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • M55 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Contracting Devices

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