Arbeitspapier

Why Are Professors "Poorly Paid"?

Using Current Population Survey data, I demonstrate a 15-percentage point wage disadvantage among academics compared to all other doctorate-holders with the same demographics. Time-diary data show that academics' workhours are distributed more evenly over the week and day, although their total workweeks are equally long. This smoother distribution of work time accounts for as much as one-third of the wage disadvantage. Survey data (of economists only) indicate that flexible scheduling is an attraction, but only fourth among the characteristics of academic life.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 11266

Classification
Wirtschaft
Professional Labor Markets; Occupational Licensing
Compensation Packages; Payment Methods
Wage Level and Structure; Wage Differentials
Subject
time use
compensating wage differentials
flexibility

Event
Geistige Schöpfung
(who)
Hamermesh, Daniel S.
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2018

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hamermesh, Daniel S.
  • Institute of Labor Economics (IZA)

Time of origin

  • 2018

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