A Tale of Two Tracks
Muhammad Asali ()
No 198, GLO Discussion Paper Series from Global Labor Organization (GLO)
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 e¤ort 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.
JEL-codes: J21 J11 J24 J31 J41 J44 I23 (search for similar items in EconPapers)
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Journal Article: A tale of two tracks (2019)
Working Paper: A Tale of Two Tracks (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:198
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