Retention of talented academic researchers: Evidence from a government intervention

Pascal Courty and John Sim

Canadian Journal of Economics, 2015, vol. 48, issue 5, 1635-1660

Abstract: The Canada Research Chairs (CRC) Program is designed primarily to retain academic talent in Canadian universities by providing targeted grants to outstanding researchers. Once awarded a chair at her home university, a researcher's compensation increases by 6.3% on average, with a significant decline over CRC tenure. Furthermore, the chance of the researcher changing jobs does not decrease. Although universities report spending more than half of the grant on compensation, only a small portion of the grant can be accounted for as a compensation increase. This demonstrates the difficulty in designing government interventions to have an impact on academic retention.

JEL-codes: J3 (search for similar items in EconPapers)
Date: 2015
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