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Arithmetics of Research Specialization

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Abstract

I model the use of research specialization in hiring as a signal of ability. I demonstrate that rewarding for specialization can make an average non-specializing candidate on average better than average specializing candidate, and vice versa. Specialization works as a good ability signal only when both good and bad candidates are very likely to churn out good projects.

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  • Popov, Sergey V, 2020. "Arithmetics of Research Specialization," Cardiff Economics Working Papers E2020/1, Cardiff University, Cardiff Business School, Economics Section.
    • Handle: RePEc:cdf:wpaper:2020/1
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    1. James J. Heckman & Sidharth Moktan, 2020. "Publishing and Promotion in Economics: The Tyranny of the Top Five," Journal of Economic Literature, American Economic Association, vol. 58(2), pages 419-470, June.
    2. John P. Conley & Ali Sina Onder, 2014. "The Research Productivity of New PhDs in Economics: The Surprisingly High Non-success of the Successful," Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 205-216, Summer.
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    More about this item

    Keywords

    specialization; research; job market.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J4 - Labor and Demographic Economics - - Particular Labor Markets

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