Becker, William E.; Greene, William H.; Siegfried, John J. - Vanderbilt University Department of Economics - 2008
faculty size of universities offering a Ph.D. in economics is determined primarily by the long-run average number of Ph ….D.s grows. Faculty size at Ph.D. granting universities is largely unresponsive to changes in the number of undergraduate … economics degrees awarded at those institutions. In contrast, faculty size at colleges where a bachelor's is the highest degree …