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Full-Text Articles in Labor Relations
An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg
An Economic Analysis Of The Market For Law School Students, Ronald G. Ehrenberg
Ronald G. Ehrenberg
This study utilizes data from a number of sources to estimate how lawyers' starting salaries relate to their ability, the quality of law school they attended, and whether the law school was a private institution. Based upon this analysis, a benefit—cost analysis is conducted of the value of attending a high-quality private institution. Analyses are also done of how the financial attractiveness of law vis-a-vis other careers has changed in recent years and a conceptual framework discussed for law schools to use in allocating their financial aid resources.
Studying Ourselves: The Academic Labor Market (Presidential Address To The Society Of Labor Economists, Baltimore, May 3, 2002), Ronald G. Ehrenberg
Studying Ourselves: The Academic Labor Market (Presidential Address To The Society Of Labor Economists, Baltimore, May 3, 2002), Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] The study of academic labor markets by economists goes back at least to Adam Smith’s suggestion in The Wealth of Nations that a professor’s compensation be tied to the number of students that enrolled in his classes. This article focuses on three academic labor market issues that students at Cornell and I are currently addressing: the declining salaries of faculty employed at public colleges and universities relative to the salaries of their counterparts employed at private higher education institutions, the growing dispersion of average faculty salaries across academic institutions within both the public and private sectors, and the impact …
Academic Labor Supply, Ronald G. Ehrenberg
Academic Labor Supply, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] The plan of this study is as follows. In the remainder of this chapter, some background data are presented on the academic labor market and new Ph.D. production in the United States. Chapter 7 describes a schematic model of academic labor supply and indicates the underlying trends since 1970 in a number of variables that contribute to projections of shortages of faculty. In Chapter 8, a general model of occupational choice and the decision to undertake and complete graduate study is sketched. This framework, available data, and the prior academic literature are then used to address students' choice of …