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| Titre : | Hiring Your Friends: Evidence from the Market for Financial Economists (2021) |
| Auteurs : | Charles J. Hadlock ; Joshua R. Pierce |
| Type de document : | Article : texte imprimé |
| Dans : | Industrial and labor relations review - ILR review (vol. 74, n° 4, August 2021) |
| Article en page(s) : | pp. 977–1007 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ DOCTORAT ; ECONOMISTE ; RESEAU PROFESSIONNEL ; RESEAU SOCIAL ; CRITERE D'EMBAUCHE ; DISCRIMINATION POSITIVE ; RELATION ECOLE-ENTREPRISE ; PRODUCTIVITE DU TRAVAIL ; ETATS UNIS |
| Résumé : | The authors study connections in academic hiring in a sample of finance doctoral graduates. Departments hire PhD graduates with school connections to other recently hired faculty at a significantly greater rate than models predict. Similarly, schools exhibit an elevated propensity to hire individuals with names that indicate a similar ethnic background to incumbent department members. School-connected hires tend to publish at significantly elevated rates, a finding that is robust to a large number of model modifications and is stronger in more research-intensive departments. The evidence on school connections appears highly consistent with an employer information benefit from hiring based on school connections. Ethnic-connected hires tend to publish at lower-than-predicted rates when controlling for hiring-school characteristics, but this finding is not robust to the inclusion of hiring-school fixed effects. This evidence suggests that the possible information benefits of school-connected hiring do not immediately extend to other types of connections. |
| Document Céreq : | Non |
| En ligne : | https://doi.org/10.1177/0019793919896755 |
