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The compensation of a professor who is awarded an internal Canada Research Chair (CRC) increases by 6.3 percent on average in our sample. This gain is large initially but quickly erodes over CRC tenure. The gain is slightly larger for professors who change university to obtain a CRC Chair....
Persistent link: https://www.econbiz.de/10010290444
The compensation of a professor who is awarded an internal Canada Research Chair (CRC) increases by 6.3 percent on average in our sample. This gain is large initially but quickly erodes over CRC tenure. The gain is slightly larger for professors who change university to obtain a CRC Chair....
Persistent link: https://www.econbiz.de/10009532590
Spence (1973) noted that individuals' choice of educational quantity — measured by years of schooling — may stem partially from a desire to signal their ability to the labor market. This paper asks if individuals' choice of educational quality — measured by college reputation — may...
Persistent link: https://www.econbiz.de/10013020425
This paper investigates the six-fold increase in student enrollment and three-fold increase in degree completions at for-profit colleges over the last two decades. In particular, we examine the hypothesis that for-profit colleges have more flexibility to respond to market changes, attracting...
Persistent link: https://www.econbiz.de/10013080549
Education is widely recognized as one of the most important determinants of earnings in the labour market. A main aspect of the relationship between education and earnings is the wage premium between workers with higher and lower education. The findings of previous studies show that changes in...
Persistent link: https://www.econbiz.de/10012998181
The issue of academic staff retention has attracted major interest in many countries and Zimbabwe is not an exception. The purpose of this study was to establish the determinants of academic staff retention in Zimbabwean universities with particular reference to two universities in Matabeleland...
Persistent link: https://www.econbiz.de/10014106328
The question whether technological progress displaces employment or whether technological advance is beneficial for the level of employment has been in the core of economic dispute for over two centuries. The beneficial might be achieved by several compensation mechanisms within the economic...
Persistent link: https://www.econbiz.de/10010291721
Austria is among the very few countries in the European Union which have managed to maintain comparatively low unemployment rates and high employment rates. In international comparison Austrian unemployment is very stable over the business cycle. This is mainly due to the high sensitivity of the...
Persistent link: https://www.econbiz.de/10010291921
Incentive provision is a central question in modern economic theory. During the run up to the financial crisis, many banks attempted to encourage loan underwriting by giving out incentive packages to loan officers. Using a unique data set on small business loan officer compensation from a major...
Persistent link: https://www.econbiz.de/10010292113
Over the business cycle, labor's share of output is negatively but weakly correlated with output, and it lags output by about four quarters. Profit's share is strongly procyclical. It neither leads nor lags output, and its volatility is about four times that of output. Despite the importance of...
Persistent link: https://www.econbiz.de/10010292359