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http://hdl.handle.net/10016/15311
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| indemwp12_02.pdf | -- 2012-09-12 -- Available on Internet -- preprint | 413,35 kB | Adobe PDF | |  |
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| Title: | The Role of Connections in Academic Promotions |
| Author(s): | Zinovyeva, Natalia Bagues, Manuel |
| Publisher: | Universidad Carlos III de Madrid. Instituto sobre Desarrollo Empresarial Carmen Vidal Ballester |
| Issued date: | 7-Sep-2012 |
| URI: | http://hdl.handle.net/10016/15311 |
| ISSN: | 1989-8843 |
| Abstract: | This paper analyzes the role of connections in academic promotions. We exploit evidence from centralized evaluations in Spain, where evaluators are randomly as- signed to promotion committees. We nd that prior connections between candidates and evaluators have a dramatic impact on candidates' success. For instance, the presence of a co-author or an advisor in the committee is equivalent to a standard deviation increase in candidates' research output. The e ect of a weaker link, such as a member of candidate's doctoral thesis committee, is one fourth as large. The source of the premium enjoyed by connected candidates depends on the nature of their relationship with committee members. In the case of weak links, informa- tional gains tend to dominate evaluation biases. Candidates promoted by a weak link turn out to be more productive in the future relative to other promoted candi- dates. However, consistently with the potential existence of favoritism, candidates promoted by a strong connection exhibit a signi cantly worse research record both before and after the evaluation. |
| Serie / Nº.: | INDEM Working Paper Business Economic 12-02 |
| Keywords: | Academic promotion Connections Evaluation bias Information asymmetries |
| JEL Classification: | J44 M51 |
| Appears in Collections: | Economists Online INDEM - Working Paper Business Economic Series
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