Do Economists Swing for the Fences after Tenure
Bibliographic Data
| ID | 4030006 |
|---|---|
| Authors | Jonathan Brogaard (0000-0001-5612-289X, Jonathan Brogaard is Assistant Professor of Finance, Foster School of Business, University of Washington, Seattle, Washington.), Joseph Engelberg (0000-0002-0092-441X, Joseph Engelberg is Professor of Finance and Accounting, Rady School of Management, University of California–San Diego, La Jolla, California.), Edward Van Wesep (Edward Van Wesep is Associate Professor of Finance, Leeds School of Business, University of Colorado, Boulder, Colorado.) |
| Year | 2018 |
| Volume | 32 |
| Issue | 1 |
| Pages | 179-194 |
| Publication date | 2018-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.32.1.179 |
| OpenAlex | W2502870006 |
| Language | EN |
| Citations received | 6 |
| References cited | 12 |
Using a sample of all academics who pass through top 50 economics and finance departments from 1996 through 2014, we study whether the granting of tenure leads faculty to pursue riskier ideas. We use the extreme tails of ex-post citations as our measure of risk and find that both the number of publications and the portion consisting of "home runs" peak at tenure and fall steadily for a decade thereafter. Similar patterns hold for faculty at elite (top 10) institutions and for faculty who take differing time to tenure. We find the opposite pattern among poorly cited publications: their numbers rise post-tenure
Business · Demographic economics · Economics · Elite · Political science · Politics · Swing · Financial Markets and Investment Strategies · Law · Monetary Policy and Economic Impact · scientometrics and bibliometrics research
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| Unique citing works | 6 |
|---|---|
| Citations per year | 0,75 |
| Citation span | 2018 - 2025 (8) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 6 |