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Between the Penthouse and the Outhouse: The Sorting of Economics Professors

Tim Perri

No 11-13, Working Papers from Department of Economics, Appalachian State University

Abstract: Oyer (2007, 2008) considered the turnover of economics professors early in their careers. He found professors are more likely to move down from higher ranked schools than up from lower ranked schools. An asymmetric information model suggests this phenomenon is explained by imperfect screening at one’s initial hiring. A smaller fraction of more able individuals and more accurate screening imply a greater chance downward movement exceeds movement up. Key Words:

Date: 2011
New Economics Papers: this item is included in nep-cta, nep-hpe and nep-sog
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Journal Article: Between the penthouse and the outhouse: the sorting of economics professors (2012) Downloads
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