Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/180441 
Authors: 
Year of Publication: 
2018
Series/Report no.: 
IZA Discussion Papers No. 11423
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Given asymmetric information, this paper explores the need for non-tenure-track jobs in academia alongside the usual tenure-track positions. It also explains the coexistence of these two types of jobs in research universities as an equilibrium phenomenon. The increased effort needed to produce research, accompanied by imprecisions in the academic editorial process, explains the recent increasing trend in the share of non-tenure-track jobs in academia as well as the widening wage gap between tenure-track and non-tenure-track academics.
Subjects: 
efficiency wages
tenure-track
coexistence of two contracts in equilibrium
JEL: 
J21
J11
J24
J31
J41
J44
I23
Document Type: 
Working Paper

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