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Full-Text Articles in Economic Policy
Paying Our Presidents: What Do Trustees Value?, Ronald G. Ehrenberg, John J. Cheslock, Julia Epifantseva
Paying Our Presidents: What Do Trustees Value?, Ronald G. Ehrenberg, John J. Cheslock, Julia Epifantseva
Ronald G. Ehrenberg
Our study makes use of data from a panel of over 400 private colleges and universities on their presidents’ salaries and benefits. These data, reported annually to the Internal Revenue Service on Form 990, have been collected by and reported in the Chronicle of Higher Education for academic years 1992–1993 through 1997–1998. We merge these data with those from other sources including the American Association of University Professors, the American Council on Education, Who’s Who in America, the National Association of College and University Business Officers, the Council on Aid to Education, and the National Science Foundation’s CASPAR system. This …
A Brief Guide To The Aaup Salary Data, Ronald G. Ehrenberg
A Brief Guide To The Aaup Salary Data, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] The AAUP data not only document faculty salary levels, but may also play a role in determining future levels. They represent average data for all full-time faculty members at the university, excluding faculty in medical colleges and health sciences. Thus, they can not be used to compare salaries within a discipline across institutions. They have long been used, however, by faculty on budget or finance committees to inform discussions with central administrators regarding the parameters of the next year’s budget (e.g. tuition increases, faculty salary increases, and endowment payout rates). Often, the faculty and administration will agree on a …
Unequal Progress: The Annual Report On The Economic Status Of The Profession 2002-03, Ronald Ehrenberg
Unequal Progress: The Annual Report On The Economic Status Of The Profession 2002-03, Ronald Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Most colleges and universities adopted budgets for the 2002-03 academic year in the spring and early summer of 2002. At that time, a pessimist might have cited several factors – negative rates of return from institutional endowments, a rising unemployment rate, an economic recession, and large increases in college and university enrollments, for example - to predict that faculty members would not see their earnings increase substantially in real terms in the coming year. The good news is that, overall and on average, the pessimists' worst fears proved incorrect. The bad news is that the overall aver-ages don't tell …