What Matters Most: Teaching or Research? Empirical Evidence on the Remuneration of British Academics

37 Pages Posted: 29 Jan 2001

See all articles by Rob Euwals

Rob Euwals

CPB Netherlands Bureau of Economic Policy Research; IZA Institute of Labor Economics; Centre for Economic Policy Research (CEPR)

Melanie E. Ward-Warmedinger

European Central Bank (ECB); Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

Date Written: November 2000

Abstract

This paper examines the impact of productivity on pay within academia, drawing upon a detailed dataset of academics from five old, established universities. We investigate the relationship between teaching and research skill, but find no evidence in support of the hypothesis that productive researchers are also the best teachers. Our results outline the importance of publication; grant receipt and teaching skill, in the determination of pay. We reveal a large financial penalty for time out of the profession, which, with productivity variables, explains away the gender salary gap. Results also suggest that the best academics stay within the profession.

Keywords: Academic labour market, salary, salary scales

JEL Classification: C35, J31, J44

Suggested Citation

Euwals, Rob and Ward-Warmedinger, Melanie E., What Matters Most: Teaching or Research? Empirical Evidence on the Remuneration of British Academics (November 2000). CEPR Discussion Paper No. 2628. Available at SSRN: https://ssrn.com/abstract=258060

Rob Euwals (Contact Author)

CPB Netherlands Bureau of Economic Policy Research ( email )

P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands
+31 70 33 83 438 (Phone)
+31 70 33 83 350 (Fax)

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany
+49 228 3894 302 (Phone)
+49 228 3894 210 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Melanie E. Ward-Warmedinger

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Centre for Economic Policy Research (CEPR)

London
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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