Consistent estimation of faculty rank effects in academic salary models

Authors
Citation
Jg. Strathman, Consistent estimation of faculty rank effects in academic salary models, RES HIGH ED, 41(2), 2000, pp. 237-250
Citations number
17
Categorie Soggetti
Education
Journal title
RESEARCH IN HIGHER EDUCATION
ISSN journal
03610365 → ACNP
Volume
41
Issue
2
Year of publication
2000
Pages
237 - 250
Database
ISI
SICI code
0361-0365(200004)41:2<237:CEOFRE>2.0.ZU;2-4
Abstract
Faculty rank is often included as an explanatory variable in academic salar y models. Because there is reason to believe that this results in specifica tion bias, rank effects should be estimated endogenously in salary models. A salary model in which faculty rank is endogenous is estimated in this art icle and the results are compared with those obtained from a conventional s pecification that treats rank as exogenous.