Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67859
Authors: 
Courty, Pascal
Sim, John
Year of Publication: 
2012
Series/Report no.: 
Queen's Economics Department Working Paper 1294
Abstract: 
The compensation of a professor who is awarded an internal Canada Research Chair (CRC) increases by 6.3 percent on average in our sample. This gain is large initially but quickly erodes over CRC tenure. The gain is slightly larger for professors who change university to obtain a CRC Chair. Assuming that the CRC program has achieved its goal of attracting and retaining top talents, we infer that the compensation cost of doing so is modest. In addition, only a small fraction of the CRC grants have been passed through to professors as compensation increases. This is despite the fact that universities report spending more than half of the CRC grants on chairholder compensation.
Subjects: 
compensation
brain drain
crowding out
Canada Research Chair
JEL: 
J3
I23
Document Type: 
Working Paper

Files in This Item:
File
Size
308.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.