A Tale of Two Academic Tracks

Muhammad Asali

No 11423, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Given asymmetric information, this paper explores the need for non-tenure-track jobs in academia alongside the usual tenure-track positions. It also explains the coexistence of these two types of jobs in research universities as an equilibrium phenomenon. The increased effort needed to produce research, accompanied by imprecisions in the academic editorial process, explains the recent increasing trend in the share of non-tenure-track jobs in academia as well as the widening wage gap between tenure-track and non-tenure-track academics.

Keywords: coexistence of two contracts in equilibrium; tenure-track; efficiency wages (search for similar items in EconPapers)
JEL-codes: I23 J11 J21 J24 J31 J41 J44 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2018-03
New Economics Papers: this item is included in nep-cta and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Forthcoming - revised version published in: Education Economics, 2019, 27 (3), 323-337.

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