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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20012 |
来源ID | Working 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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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