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Full-Text Articles in Higher Education Administration
Adverse Selection And Incentives In An Early Retirement Program, Kenneth T. Whelan, Ronald G. Ehrenberg, Kevin F. Hallock, Ronald L. Seeber
Adverse Selection And Incentives In An Early Retirement Program, Kenneth T. Whelan, Ronald G. Ehrenberg, Kevin F. Hallock, Ronald L. Seeber
Ronald G. Ehrenberg
We evaluate potential determinants of enrollment in an early retirement incentive program for non-tenure-track employees of a large university. Using administrative record on the eligible population of employees not covered by collective bargaining agreements, historical employee count and layoff data by budget units, and public information on unit budgets, we find dips in per-employee finance in a budget unit during the application year and higher recent per employee layoffs were associated with increased probabilities of eligible employee program enrollment. Our results also suggest, on average, that employees whose salaries are lower than we would predict given their personal characteristics and …
Adam Smith Goes To College: An Economist Becomes An Academic Administrator, Ronald G. Ehrenberg
Adam Smith Goes To College: An Economist Becomes An Academic Administrator, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] I have conducted research and taught classes on the economics of higher education for almost 20 years. I spent the last three years as a senior central administrator and executive officer of Cornell University. ... My experiences in this position opened my eyes to the use and uselessness of economic analysis in trying to help guide a major university and what I have learned is the focus of this essay. I begin by asking whether it is useful to view universities in a utility-maximizing framework, as I and others have done in the past. I show that the way …