Intergenerational field transitions in economics

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 choo...

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Main Authors: Facundo, Albornoz, Cabrales, Antonio, Hauk, Esther, Warnes, Pablo E.
Format: Article
Published: Elsevier 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/40608/
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author Facundo, Albornoz
Cabrales, Antonio
Hauk, Esther
Warnes, Pablo E.
author_facet Facundo, Albornoz
Cabrales, Antonio
Hauk, Esther
Warnes, Pablo E.
author_sort Facundo, Albornoz
building Nottingham Research Data Repository
collection Online Access
description 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.
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spelling nottingham-406082020-05-04T18:35:21Z https://eprints.nottingham.ac.uk/40608/ Intergenerational field transitions in economics Facundo, Albornoz Cabrales, Antonio Hauk, Esther Warnes, Pablo E. 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. Elsevier 2017-02-09 Article PeerReviewed Facundo, Albornoz, Cabrales, Antonio, Hauk, Esther and Warnes, Pablo E. (2017) Intergenerational field transitions in economics. Economics Letters . ISSN 0165-1765 (In Press) Intergenerational field mobility; Economics fields; Advisor-advisee relationships; Field productivity in economics http://www.sciencedirect.com/science/article/pii/S0165176517300472 doi:10.1016/j.econlet.2017.02.001 doi:10.1016/j.econlet.2017.02.001
spellingShingle Intergenerational field mobility; Economics fields; Advisor-advisee relationships; Field productivity in economics
Facundo, Albornoz
Cabrales, Antonio
Hauk, Esther
Warnes, Pablo E.
Intergenerational field transitions in economics
title Intergenerational field transitions in economics
title_full Intergenerational field transitions in economics
title_fullStr Intergenerational field transitions in economics
title_full_unstemmed Intergenerational field transitions in economics
title_short Intergenerational field transitions in economics
title_sort intergenerational field transitions in economics
topic Intergenerational field mobility; Economics fields; Advisor-advisee relationships; Field productivity in economics
url https://eprints.nottingham.ac.uk/40608/
https://eprints.nottingham.ac.uk/40608/
https://eprints.nottingham.ac.uk/40608/