Faculty Salaries and the Maximization of Prestige

Melguizo, Tatiana; Strober, Myra H.

doi:10.1007/s11162-006-9045-0

Cited by 97 publications

(73 citation statements)

References 17 publications

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“…Research confirms that the ranking of the PhD-granting department is correlated with salary (Ehrenberg, Pieper, and Willis 1998;Formby and Hoover 2002). "Years of work experience" is a basic variable in human capital-based salary models, as work experience is understood as a proxy for on-the-job training (Melguizo and Strober 2007;). Related to years of experience is faculty rank: assistant, associate, or full professor.…”

Section: Theory Literature and Previous Findingsmentioning

confidence: 99%

“…" Yet, McLaughlin, Smart, and Montgomery (1978, 81) determine that "instructional activities apparently have minimal impact on salary." Similarly, Melguizo and Strober (2007) assert that time spent on teaching has no effect on salary. reports that more time spent on research rather than teaching correlates with higher salaries.…”

Section: Theory Literature and Previous Findingsmentioning

confidence: 99%

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Determinants of Salary Dispersion among Political Science Faculty: The Differential Effects of Where You Work (Institutional Characteristics) and What You Do (Negotiate and Publish)

Claypool

Janssen

Kim

et al. 2017

APSC

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We evaluate hypotheses about human capital and structural theory-based predictors of variation in academic salaries. We use standard statistical models to explore differences in salary among full-time political science faculty, while also utilizing selection models to control for factors that place individuals on different trajectories stemming from their graduate school experience. We report on several findings, one of which is the positive effect on salary associated with graduation from a highly ranked PhD program; a second being the negative effect on salary of a high undergraduate teaching load. Other findings are that negotiation positively affects salary for men, but not for women, and that journal publications increase salaries amongst women, but not men. At the associate professor level, we find a significant gender gap in salary, even with controls for human capital, structural factors, and productivity. We also find a significant effect of race on the salaries of male faculty.

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Section: Theory Literature and Previous Findingsmentioning

confidence: 99%

Section: Theory Literature and Previous Findingsmentioning

confidence: 99%

Determinants of Salary Dispersion among Political Science Faculty: The Differential Effects of Where You Work (Institutional Characteristics) and What You Do (Negotiate and Publish)

Claypool

Janssen

Kim

et al. 2017

APSC

View full text Add to dashboard Cite

show abstract

“…These universities pay substantial amounts of money to attract faculty who would enhance the university's prestige (Melguizo and Strober, 2007) and head coaches who would make more successful sports franchises (Kahn, 2007). As a result of these efforts to vertically differentiate, there is more competition among students to enter more prestigious universities (Epple et al, 2006).…”

Section: Introductionmentioning

confidence: 99%

Competition between and within Universities: Theoretical and Experimental Investigation of Group Identity and the Desire to Win

2015

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We study how salient group identity, created through competition between students from different universities, as well as differences in the value of winning impact competitive behavior. Our experiment employs a simple all-pay auction within and between two university subject pools. We find that when competing against their peers, students within the lower tier university bid more aggressively than students within the top-tier university. Also, students from the lower tier university, in particular women, bid more aggressively when competing against students from the top-tier university. These findings, interpreted through a theoretical model incorporating both group identity and differential value of winning, suggest that students at the lower tier university have a stronger group identity as well as higher desire to win.

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“…Melguizo and Strober (2007) note that prestige maximization is indicative of the -emerging economic theory in higher education‖ (p. 635). Garvin (1980) developed a model of prestige maximization arguing that prestige greatly influenced institutional decision-making.…”

Section: Prestige Maximizationmentioning

confidence: 99%

“…The authors noted that the rising costs of college forced stakeholders to evaluate the benefits of institutions through prestige rankings. According to Melguizo and Strober (2007), 70% of reputational rankings are comprised of institutional performance on retention and graduation rate, faculty resources, selectivity and financial resources. The remaining 30% is comprised of alumni satisfaction and opinions of other college leaders.…”

Section: Empirically Investigating Prestige Maximizationmentioning

confidence: 99%

A Latent Growth Analysis of Undergraduate Degree Production

Blanchard¹

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Dr. Timothy Konold A theoretical framework based on prestige-maximization is used to identify four time-varying inputs in the production of undergraduate degrees at non-profit colleges and universities. The longitudinal relationship between these inputs (academic expenditures, research funding, faculty quality, and student quality) and the output (undergraduate degrees per FTE) was estimated at the institutional level between 1997 and 2007 with latent growth modeling. Separate models were estimated for institutions producing social science degrees (n=1,145) and physical science degrees (n=1,114). Collinearity diagnostics mandated the exclusion of academic expenditures; thus, interpretations of results were limited. The remaining three inputs were significantly related (p<.05) to degree production in both models, but an increase in each of these prestige-maximizing inputs did not uniformly produce increased degree rates.

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Faculty Salaries and the Maximization of Prestige

Cited by 97 publications

References 17 publications

Determinants of Salary Dispersion among Political Science Faculty: The Differential Effects of Where You Work (Institutional Characteristics) and What You Do (Negotiate and Publish)

Determinants of Salary Dispersion among Political Science Faculty: The Differential Effects of Where You Work (Institutional Characteristics) and What You Do (Negotiate and Publish)

Competition between and within Universities: Theoretical and Experimental Investigation of Group Identity and the Desire to Win

A Latent Growth Analysis of Undergraduate Degree Production

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