Duncan, Kevin C.; Krall, Lisi; Maxcy, Joel G.; Prus, Mark J. - In: Eastern Economic Journal 30 (2004) 2, pp. 293-310
greater than their own. This trend in faculty life-cycle earnings can be illustrated by the 1998 salary and seniority data …-paid associate. These data indicate a U-shaped wage-tenure profile. Such a profile suggests that faculty with low levels of seniority … institution. Similarly, the earnings gap between new hires and faculty with high levels of seniority will compress over time. …