Why Are Professors "Poorly Paid"?

Daniel Hamermesh

No 11266, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Using Current Population Survey data, I demonstrate a 15-percentage point wage disadvantage among academics compared to all other doctorate-holders with the same demographics. Time-diary data show that academics' workhours are distributed more evenly over the week and day, although their total workweeks are equally long. This smoother distribution of work time accounts for as much as one-third of the wage disadvantage. Survey data (of economists only) indicate that flexible scheduling is an attraction, but only fourth among the characteristics of academic life.

Keywords: compensating wage differentials; flexibility; time use (search for similar items in EconPapers)
JEL-codes: J31 J33 J44 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2018-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published - published in: Economics of Education Review, 2018, 66, 137-41

Downloads: (external link)
https://docs.iza.org/dp11266.pdf (application/pdf)

Related works:
Journal Article: Why are professors “Poorly paid”? (2018)
Working Paper: Why Are Professors "Poorly Paid"? (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp11266

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().