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Intergenerational eld transitions in economics

Cabrales, A; Albornoz, F; Hauk, E; Warnes, P; (2017) Intergenerational eld transitions in economics. Economics Letters , 154 pp. 1-5. 10.1016/j.econlet.2017.02.001. Green open access

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Abstract

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.

Type: Article
Title: Intergenerational eld transitions in economics
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.econlet.2017.02.001
Publisher version: http://doi.org/10.1016/j.econlet.2017.02.001
Language: English
Additional information: © 2017 Elsevier B.V. All rights reserved. This manuscript version is made available under a Creative Commons Attribution Non-commercial Non-derivative 4.0 International license (CC BY-NC-ND 4.0). This license allows you to share, copy, distribute and transmit the work for personal and non-commercial use providing author and publisher attribution is clearly stated. Further details about CC BY licenses are available at https://creativecommons.org/licenses/. Access may be initially restricted by the publisher.
Keywords: Intergenerational field mobility; Economics fields; Advisor-advisee relationships; Field productivity in economics
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/1540277
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