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Intergenerational field transitions in economics

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

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Authors

Antonio Cabrales

Esther Hauk

Pablo E. Warnes



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

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