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Seniority, External Labor Markets, And Faculty Pay, Byron W. Brown, Stephen A. Woodbury
Seniority, External Labor Markets, And Faculty Pay, Byron W. Brown, Stephen A. Woodbury
Upjohn Institute Working Papers
We estimate the returns to seniority (the wage-tenure profile) for university faculty, and the degree to which these returns respond to entry-level salaries (or opportunity wages) a relationship unexplored in work to date. Using data on faculty at a Big Ten university (ours), we estimate elasticities of senior-faculty salaries with respect to entry-level salaries, and find that these elasticities decline with seniority. The evidence both provides an explanation of faculty salary compression and suggests the importance of controlling for entry-level salaries in obtaining estimates of the returns to seniority.
Gender Differences In Faculty Turnover, Byron W. Brown, Stephen A. Woodbury
Gender Differences In Faculty Turnover, Byron W. Brown, Stephen A. Woodbury
Upjohn Institute Working Papers
Over the last 15 to 20 years, colleges and universities have paid increasing attention to attracting and retaining faculty women. The rate of progress of women in academe has nevertheless been painfully slow. For example, statistics on economists collected and published by the American Economic Association (Committee on the Status of Women in the Economics Profession 1994) suggest that in recent years, about 20 percent of Economics assistant professors in graduate Ph.D.-granting departments were women, about 10 percent of associate professors were women, and under 5 percent of full professors were women. The percentage of new assistant professors who are …