nep-sog New Economics Papers
on Sociology of Economics
Issue of 2021‒05‒10
four papers chosen by
Jonas Holmström
Axventure AB

  1. Do Looks Matter for an Academic Career in Economics? By Hale, Galina B; Regev, Tali; Rubinstein, Yona
  2. Women in Academic Economics: Have We Made Progress? By Donna K. Ginther; Shulamit Kahn
  3. Does Mentoring Increase the Collaboration Networks of Female Economists? An Evaluation of the CeMENT Randomized Trial By Donna K. Ginther; Rina Na
  4. What 5,000 acknowledgements tell us about informal collaboration in financial economics By Rose, Michael E.; Georg, Co-Pierre

  1. By: Hale, Galina B; Regev, Tali; Rubinstein, Yona
    Abstract: We document appearance effects in the economics profession. Using unique data on PhD graduates from ten of the top economics departments in the United States we test whether more attractive individuals are more likely to succeed. We find robust evidence that appearance has predictive power for job outcomes and research productivity. Attractive individuals are more likely to study at higher ranked PhD institutions and are more likely to be placed at higher-ranking academic institutions not only for their first job, but also for jobs as many as 15 years after their graduation, even when we control for the ranking of PhD institution and first job. Appearance also predicts the success of research output: while it does not predict the number of papers an individual writes, it predicts the number of citations for a given number of papers, again even when we control for the ranking of the PhD institution and first job. All these effects are robust, statistically significant, and substantial in magnitude.
    Keywords: appearance; beauty; economists *
    JEL: I23 J16 J71 M51
    Date: 2021–03
  2. By: Donna K. Ginther; Shulamit Kahn
    Abstract: This study uses data from Academic Analytics to examine gender differences in promotion to associate professor in economics. We found that women in economics were 15% less likely to be promoted to associate professor after controlling for cumulative publications, citations, grants and grant dollars. In contrast, we found no significant gender differences in promotion in other fields including biomedical science, physical science, political science, mathematics and statistics, and engineering. We separated the sample by the research intensity of institutions and found suggestive evidence that these results were being driven by less research-intensive institutions.
    JEL: A11 J16 J40
    Date: 2021–04
  3. By: Donna K. Ginther; Rina Na
    Abstract: Previous research has shown that women in the treatment group of the CeMENT randomized controlled trial increased their publications and the likelihood that they were tenured in top 50 economics departments. This paper examines one potential mechanism, namely, that CeMENT expanded the collaboration networks of the participants. Our analysis finds that women who received the mentoring treatment had three additional pre-tenure coauthors, 1.6 more pre-tenure publications and 43 additional citations to those publications. After controlling for additional coauthors, the CeMENT program increased publications, and top-tier publications. These results suggest that the information conveyed at the workshop facilitated participants’ career success.
    JEL: A11 J16 J4
    Date: 2021–04
  4. By: Rose, Michael E.; Georg, Co-Pierre
    Abstract: We present and discuss a novel dataset on informal collaboration in financial economics, manually collected from more than 5,000 acknowledgement sections of published papers. We find that informal collaboration is the norm in financial economics, while generational differences in informal collaboration exist and reciprocity among collaborators prevails. Female researchers appear less often in acknowledgements than comparable male researchers. Information derived from networks of informal collaboration allows us to predict academic impact of both researchers and papers even better than information from co-author networks. Finally, we study the characteristics of the networks using various measures from network theory and characterize what determines a researcher's position in it. The data presented here may help other researchers to shed light on an under-explored topic.
    Keywords: intellectual collaboration,acknowledgements,social networks,financial economics
    JEL: A14 D83 G00 O33
    Date: 2021

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