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Intergenerational field transitions in economics

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

Authors

Albornoz Facundo facundo.albornoz@nottingham.ac.uk

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.

Journal Article Type Article
Journal Economics Letters
Print ISSN 0165-1765
Electronic ISSN 0165-1765
Publisher Elsevier
Peer Reviewed Peer Reviewed
APA6 Citation Facundo, A., Cabrales, A., Hauk, E., & Warnes, P. E. (in press). Intergenerational field transitions in economics. Economics Letters, doi:10.1016/j.econlet.2017.02.001. ISSN 0165-1765
DOI https://doi.org/10.1016/j.econlet.2017.02.001
Keywords Intergenerational field mobility; Economics fields; Advisor-advisee relationships; Field productivity in economics
Publisher URL http://www.sciencedirect.com/science/article/pii/S0165176517300472
Copyright Statement Copyright information regarding this work can be found at the following address: http://creativecommons.org/licenses/by-nc-nd/4.0
Additional Information

Composition Type:
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