Arbeitspapier
What is the cost of retaining and attracting exceptional talents? Evidence from the Canada Research Chair program
The compensation of a professor who is awarded an internal Canada Research Chair (CRC) increases by 6.3 percent on average in our sample. This gain is large initially but quickly erodes over CRC tenure. The gain is slightly larger for professors who change university to obtain a CRC Chair. Assuming that the CRC program has achieved its goal of attracting and retaining top talents, we infer that the compensation cost of doing so is modest. In addition, only a small fraction of the CRC grants have been passed through to professors as compensation increases. This is despite the fact that universities report spending more than half of the CRC grants on chairholder compensation.
- Language
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Englisch
- Bibliographic citation
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Series: Queen's Economics Department Working Paper ; No. 1294
- Classification
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Wirtschaft
Higher Education; Research Institutions
- Subject
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compensation
brain drain
crowding out
Canada Research Chair
Hochschule
Hochschullehrer
Qualifikation
Brain Drain
Besoldung
Kanada
- Event
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Geistige Schöpfung
- (who)
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Courty, Pascal
Sim, John
- Event
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Veröffentlichung
- (who)
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Queen's University, Department of Economics
- (where)
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Kingston (Ontario)
- (when)
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2012
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Courty, Pascal
- Sim, John
- Queen's University, Department of Economics
Time of origin
- 2012