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WHICH JOURNAL RANKINGS BEST EXPLAIN ACADEMIC SALARIES? EVIDENCE FROM THE UNIVERSITY OF CALIFORNIA

Published on Oct 1, 2014in Economic Inquiry1.26
· DOI :10.1111/ecin.12107
John Gibson35
Estimated H-index: 35
(University of Waikato),
David L. Anderson5
Estimated H-index: 5
(Queen's University),
John Tressler8
Estimated H-index: 8
(University of Waikato)
Abstract
The ranking of an academic journal is important to authors, universities, journal publishers and research funders. Rankings are gaining prominence as countries adopt regular research assessment exercises that especially reward publication in high impact journals. Yet even within a rankings-oriented discipline like economics there is no agreement on how aggressively lower ranked journals are down-weighted and in how wide is the universe of journals considered. Moreover, since it is typically less costly for authors to cite superfluous references, whether of their own volition or prompted by editors, than it is to ignore relevant ones, rankings based on citations may be easily manipulated. In contrast, when the merits of publication in one journal or another are debated during hiring, promotion and salary decisions, the evaluators are choosing over actions with costly consequences. We therefore 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 various sets of journal rankings, and publication discount rates, to see which are most congruent with the returns implied by the academic labor market.
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  • References (37)
  • Citations (30)
References37
Newest
#1Christiana E. Hilmer (SDSU: San Diego State University)H-Index: 6
#2Michael J. Hilmer (SDSU: San Diego State University)H-Index: 8
Last.Jayson L. Lusk (SDSU: San Diego State University)H-Index: 1
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#1Allen Wilhite (UAH: University of Alabama in Huntsville)H-Index: 11
#2Eric A. Fong (UAH: University of Alabama in Huntsville)H-Index: 7
#1Pantelis Kalaitzidakis (UoC: University of Crete)H-Index: 11
#2Theofanis P. Mamuneas (UCY: University of Cyprus)H-Index: 20
Last.Thanasis Stengos (U of G: University of Guelph)H-Index: 31
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#1Chia-Lin Chang (NCHU: National Chung Hsing University)H-Index: 20
#2Michael McAller (EUR: Erasmus University Rotterdam)H-Index: 53
Last.Les Oxley (Cant.: University of Canterbury)H-Index: 29
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#1Lutz Bornmann (MPG: Max Planck Society)H-Index: 48
#2Klaus Wohlrabe (Fo: Ifo Institute for Economic Research)H-Index: 14
#1Clément Bosquet (Cergy-Pontoise University)H-Index: 7
#2Pierre-Philippe Combes (CNRS: Centre national de la recherche scientifique)H-Index: 31
Last.Cecilia García-Peñalosa (AMU: Aix-Marseille University)H-Index: 15
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#1Martina Cioni (UNISI: University of Siena)H-Index: 3
#2Giovanni Federico (UniPi: University of Pisa)H-Index: 1
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#1Sebastian Galiani (UMD: University of Maryland, College Park)H-Index: 29
#2Ramiro H. Gálvez (Facultad de Ciencias Exactas y Naturales)H-Index: 3
#1Kelsey L Conley (OSU: Oklahoma State University–Stillwater)H-Index: 1
#2Jayson L. Lusk (Purdue University)H-Index: 49
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#1Kyle Moore (The New School)H-Index: 1
#2Ismael Cid-Martinez (The New School)
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