Earnings Profiles of Department Heads

Comparing Cross-Section and Panel Models

Datos Bibliográficos

ID3478350
AutoresJames F Ragan (International Islamic University, Islamabad), Qazi Najeeb Rehman
Año1996
Volumen49
Número2
Páginas256-272
Fecha de publicación1996-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaIndustrial and Labor Relations Review (JOURNAL)
Identificadores de la revistaISSN: 0019-7939 • E-ISSN: 2162-271X
EditorialSAGE Publications Inc (PUBLISHER)
DOI10.1177/001979399604900205
OpenAlexW2006848259
IdiomaEN
Citas recibidas4
Referencias citadas22

Academics who become department heads suffer declining research skills because of time spent performing administrative tasks, and this skill depreciation slows future wage growth. This study examines Kansas State University faculty who served as department heads during the period 1965–92. Cross-section estimates of the compensation for serving as department head are biased upward because of a correlation between unmeasured productivity characteristics and selection as department head. To correct for this bias, the authors reestimate earnings equations using a panel model that incorporates personal fixed effects. Although the average department head in the sample received a wage premium of 12%, the premium for past administrative service had completely disappeared for the typical former head. Another finding is that skill depreciation was most severe and wage growth most adversely affected in the sciences. As compensation, department heads in the sciences received a larger initial administrative premium than did other department heads

Compensation (psychology) · Cross section (physics) · Demographic economics · Depreciation (economics) · Earnings · Econometrics · Economic growth · Economics · Human capital · Labour economics · Operating system · Panel data · Physics · Productivity · Sample (material) · Section (typography) · Wage · Wage growth · Accounting · Computer Science · Higher Education Research Studies · Housing Market and Economics · Innovations in Educational Methods · Labor market dynamics and wage inequality · Psychology · School Choice and Performance