Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/84172 
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper No. 4419
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients' subsequent research activity and status compared to a synthetic control group of non-recipient scholars with similar previous research performance. We find evidence of positive incentive and status effects that raise both productivity and citation levels.
Subjects: 
awards
incentives
research
John Bates Clark Medal
synthetic control method
JEL: 
A13
C23
M52
Document Type: 
Working Paper
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