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来源类型Working Paper
规范类型报告
DOI10.3386/w20012
来源IDWorking Paper 20012
Why Stars Matter
Ajay K. Agrawal; John McHale; Alex Oettl
发表日期2014-03-27
出版年2014
语种英语
摘要The growing peer effects literature pays particular attention to the role of stars. We decompose the causal effect of hiring a star in terms of the productivity impact on: 1) co-located incumbents and 2) new recruits. Using longitudinal university department-level data we report that hiring a star does not increase overall incumbent productivity, although this aggregate effect hides offsetting effects on related (positive) versus unrelated (negative) colleagues. However, the primary impact comes from an increase in the average quality of subsequent recruits. This is most pronounced at mid-ranked institutions, suggesting implications for the socially optimal spatial organization of talent.
主题Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w20012
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577686
推荐引用方式
GB/T 7714
Ajay K. Agrawal,John McHale,Alex Oettl. Why Stars Matter. 2014.
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