Rankings Best Explain Academic Salaries ? Evidence from the University of California
نویسندگان
چکیده
Rankings of academic journals are increasingly important but even a rankings-oriented discipline like economics has no agreement on how aggressively lower ranked journals are down-weighted and on how wide is the universe of journals considered. Since impact factors based on citations may be easily manipulated we instead look to the academic labor market, using data on economists in the University of California system to relate their lifetime publications in 700 different academic journals to salary. We test amongst the various sets of journal rankings, to see which are most congruent with the returns implied by the academic labor market.
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