NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Paul Pieper

Contact and additional information for this authorAll publicationsWorking Papers only

Working Papers and Chapters

June 1995Would Reducing Tenure Probabilities Increase Faculty Salaries?
with Ronald G. Ehrenberg, Rachel A. Willis: w5150
The simplest competitive labor market model asserts that if tenure is a desirable job characteristic for professors, they should be willing to pay for it by accepting lower salaries. Conversely, if an institution unilaterally reduces the probability that its assistant professors receive tenure, it will have to pay higher salaries to attract new faculty. Our paper tests this theory using data on salary offers accepted by new assistant professors at economics departments in the United States during the 1974-75 to 1980-81 period, along with data on the proportion of new Ph.Ds hired by each department between 1970 and 1980 that ultimately received tenure in the department or at a comparable or higher quality department. We find evidence that a tradeoff did exist. Equally important, departme...
January 1991The Measurement of Construction Prices: Retrospect and Prospect
in Fifty Years of Economic Measurement: The Jubilee of the Conference on Research in Income and Wealth, Ernst R. Berndt and Jack E. Triplett, editors

Contact and additional information for this authorAll publicationsWorking Papers only

 
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