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Reputational Capital and Academic Pay

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Author Info
Moore, William J
Newman, Robert J
Turnbull, Geoffrey K
Abstract

This article examines how research productivity, administrative service, and teaching affect reputational capital in the market for academic economists. Also, we investigate the issue of the durability of reputational capital, estimating the penalties associated with gaps in research output. Our results reveal that (1) the market makes a distinction between the quantity and the quality of an individual's research output, (2) a smaller number of frequently cited papers enhances reputational capital more than a greater number of less frequently cited papers, (3) reputational capital does not depreciate rapidly during research breaks, and (4) the market does not discount co-authored papers. Copyright 2001 by Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Economic Inquiry.

Volume (Year): 39 (2001)
Issue (Month): 4 (October)
Pages: 663-71
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Handle: RePEc:oup:ecinqu:v:39:y:2001:i:4:p:663-71

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  1. Alexander K. Koch & Albrecht Morgenstern, 2005. "From Team Spirit to Jealousy: The Pitfalls of Too Much Transparency," Royal Holloway, University of London: Discussion Papers in Economics 05/08, Department of Economics, Royal Holloway University of London, revised Jul 2005. [Downloadable!]
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  2. Daniel S. Hamermesh, 2005. "The Value of Peripatetic Economists: A Sesqui-Difference Evaluation of Bob Gregory," NBER Working Papers 11453, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Nicholas G. Rupp, 2002. "The Publication Patterns of the Elite Economics Departments: 1995-2000," Eastern Economic Journal, Eastern Economic Association, vol. 28(4), pages 523-538, Fall. [Downloadable!]
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  4. Azar, Ofer H., 2002. "The slowdown in first-response times of economics journals: Can it be beneficial?," MPRA Paper 4478, University Library of Munich, Germany. [Downloadable!]
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  5. C. Mirjam van Praag & Bernard M.S. van Praag, 2007. "The Benefits of Being Economics Professor A (and not Z)," IZA Discussion Papers 2673, Institute for the Study of Labor (IZA). [Downloadable!]
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  6. Michael Rauber & Heinrich Ursprung, 2006. "Evaluation of researchers : a life cycle analysis of German academic economists," Working Papers of the Research Group Heterogenous Labor 06-08, Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim. [Downloadable!]
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  7. Ofer H. Azar, 2005. "The Review Process in Economics: Is it Too Fast?," General Economics and Teaching 0503013, EconWPA. [Downloadable!]
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  8. Mirjam van Praag & Bernard M.S. van Praag, 2006. "First Author Determinants: An Empirical Analysis," Tinbergen Institute Discussion Papers 03-045/3, Tinbergen Institute, revised 30 Dec 2006. [Downloadable!]
  9. Amegashie, J.A., 2002. "Ex-post Inequality in Contests," Working Papers 2002-7, University of Guelph, Department of Economics. [Downloadable!]
  10. William J. Moore & Robert J. Newman & Geoffrey K. Turnbull, . "The Experience-Earnings Profile: Productivity-Augmenting or Purely Contractual?," Departmental Working Papers 2002-13, Department of Economics, Louisiana State University. [Downloadable!]
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