MULTI-TASK AGENTS AND INCENTIVES: THE CASE OF TEACHING AND RESEARCH FOR UNIVERSITY PROFESSORS
成果类型:
Article
署名作者:
De Philippis, Marta
署名单位:
European Central Bank; Bank of Italy
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1093/ej/ueaa119
发表日期:
2021
页码:
1643-1681
关键词:
high wage workers
student-achievement
teachers
performance
QUALITY
IMPACT
dismissal
schools
BIAS
firm
摘要:
This paper exploits a natural experiment to study the effects of providing stronger research incentives to faculty members on universities' average teaching and research performance. The results indicate that professors are induced to reallocate effort from teaching towards research. Moreover, tighter research requirements affect the faculty composition, as they lead lower-research-ability professors to leave. Given the estimated positive correlation between teaching and research ability, those who leave are also characterized by lower teaching ability. The average effect on teaching for the university is therefore ambiguous, as positive composition effects countervail effort substitution.