Intergenerational field transitions in economics

Facundo, Albornoz; Cabrales, Antonio; Hauk, Esther; Warnes, Pablo E.

Abstract

This note documents trends of socialization and intergenerational mobility across research networks (fields) in economics. Using data on advisor-advisee pairs, we find that intergenerational field similarity is more prevalent in larger and successful fields. We then show that researchers who do choose different fields than those of their advisors are more likely to switch to highly demanded fields in the job market. These results are consistent with the equilibrium of a model in which advisors' have concerns for their advisees' socialization and production outcomes. We also document a positive relation between field productivity and the median level of co-authorship at the field level, which is consistent with complementaries between socialization and productive efforts.

Citation

Facundo, A., Cabrales, A., Hauk, E., & Warnes, P. E. (2017). Intergenerational field transitions in economics. Economics Letters, 154, 1-5. https://doi.org/10.1016/j.econlet.2017.02.001

• Journal Article Type: Article
• Acceptance Date: Feb 2, 2017
• Online Publication Date: Feb 9, 2017
• Publication Date: May 30, 2017
• Deposit Date: Feb 16, 2017
• Publicly Available Date: Aug 10, 2018
• Journal: Economics Letters
• Print ISSN: 0165-1765
• Electronic ISSN: 1873-7374
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 154
• Pages: 1-5
• DOI: https://doi.org/10.1016/j.econlet.2017.02.001
• Keywords: Intergenerational field mobility; Economics fields; Advisor-advisee relationships; Field productivity in economics
• Public URL: https://nottingham-repository.worktribe.com/output/846627
• Publisher URL: http://www.sciencedirect.com/science/article/pii/S0165176517300472
• Contract Date: Feb 16, 2017