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Erscheinungsjahr: 
1995
Schriftenreihe/Nr.: 
Upjohn Institute Working Paper No. 95-37
Verlag: 
W.E. Upjohn Institute for Employment Research, Kalamazoo, MI
Zusammenfassung: 
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.
Schlagwörter: 
faculty
wages
college
labor
markets
Brown
Woodbury
JEL: 
J0
J3
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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