The value of a finance journal publication

• 成果类型: Article
• 署名作者: Swidler, S; Goldreyer, E
• 署名单位: University of Texas System; University of Texas Arlington; University of Denver
• 刊物名称: JOURNAL OF FINANCE
• ISSN/ISSBN: 0022-1082
• DOI: 10.1111/0022-1082.135230
• 发表日期: 1998
• 页码: 351-363
• 关键词: WORTH

摘要

The empirical analysis examines the salary and publication records of 311 finance professors at public research universities to calculate the worth of a top finance journal article. Within rank, salary regressions provide measures of the direct returns of a journal publication, while probit models consider the indirect returns that result from promotion. Ultimately, the analysis uses a reduced form salary equation to measure both the direct and indirect effects of publishing a journal article. Depending on professorial rank, the present value of the first top finance journal article is between $19,493 and $33,754, with the additional result of large returns to subsequent publications.