In this paper we ague that any meaningful bibliometric evaluation of researchers needs to take into account that research productivity follows distinct life cycles. Using an encompassing data set portraying the research behavior of German academic economists, we first show that research...

Using data on the B.E. Journals that rank articles into four quality tiers, this paper examines the accuracy of the research evaluation process in economics. We find that submissions by authors with strong publication records and authors affiliated with highly-ranked institutions are...

This is a comment on a ranking of German economics departments published by a semi-official institution, the Center for Higher Education Development (CHE). It is shown that the CHE ranking is highly misleading because the publication output is not weighted according to quality. The CHE ranking...

I model research quality as the outcome of a CES production technology that uses human capital measured by publication records as inputs. Investigating a sample of scientific publications with two co-authors I show that the CES-complementarity parameter is a function of the age difference of the...

This paper proposes a generational accounting approach to valuating research. Based on the flow of scientific results, a value-added (VA) index is developed that can, in principle, be used to assign a monetary value to any research result and, by aggregation, on entire academic disciplines or...