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The academic and labor market returns of university professors

Author

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  • Pellizzari, Michele
  • Braga, Michela
  • Paccagnella, Marco
Abstract
This paper estimates the impact of college teaching on students' academic achievement and labor market outcomes using administrative data from Bocconi University matched with Italian tax records. The estimation exploits the random allocation of students to teachers in a fixed sequence of compulsory courses. We find that the academic and labor market returns of teachers are only mildly positively correlated and that the professors who are best at improving the academic achievement of their best students are not always also the ones who boost their earnings the most, especially for the least able students.

Suggested Citation

  • Pellizzari, Michele & Braga, Michela & Paccagnella, Marco, 2014. "The academic and labor market returns of university professors," CEPR Discussion Papers 10283, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:10283
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    1. Ronald G. Ehrenberg & Liang Zhang, 2005. "Do Tenured and Tenure-Track Faculty Matter?," Journal of Human Resources, University of Wisconsin Press, vol. 40(3).
    2. Braga, Michela & Paccagnella, Marco & Pellizzari, Michele, 2014. "Evaluating students’ evaluations of professors," Economics of Education Review, Elsevier, vol. 41(C), pages 71-88.
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    4. Raj Chetty & John N. Friedman & Nathaniel Hilger & Emmanuel Saez & Diane Whitmore Schanzenbach & Danny Yagan, 2011. "How Does Your Kindergarten Classroom Affect Your Earnings? Evidence from Project Star," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(4), pages 1593-1660.
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    7. Giacomo De Giorgi & Michele Pellizzari & Silvia Redaelli, 2010. "Identification of Social Interactions through Partially Overlapping Peer Groups," American Economic Journal: Applied Economics, American Economic Association, vol. 2(2), pages 241-275, April.
    8. Giacomo De Giorgi & Michele Pellizzari & William Gui Woolston, 2012. "Class Size And Class Heterogeneity," Journal of the European Economic Association, European Economic Association, vol. 10(4), pages 795-830, August.
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    Cited by:

    1. Maia Güell & Michele Pellizzari & Giovanni Pica & José V. Rodríguez Mora, 2018. "Correlating Social Mobility and Economic Outcomes," Economic Journal, Royal Economic Society, vol. 128(612), pages 353-403, July.
    2. Ali Palali & Roel van Elk & Jonneke Bolhaar & Iryna Rud, 2017. "Are good researchers also good teachers? The relationship between research quality and teaching quality," CPB Discussion Paper 347.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    3. Pieter De Vlieger & Brian Jacob & Kevin Stange, 2018. "Measuring Instructor Effectiveness in Higher Education," NBER Chapters, in: Productivity in Higher Education, pages 209-258, National Bureau of Economic Research, Inc.
    4. Brodaty, Thibault & Gurgand, Marc, 2016. "Good peers or good teachers? Evidence from a French University," Economics of Education Review, Elsevier, vol. 54(C), pages 62-78.
    5. Palali, Ali & van Elk, Roel & Bolhaar, Jonneke & Rud, Iryna, 2018. "Are good researchers also good teachers? The relationship between research quality and teaching quality," Economics of Education Review, Elsevier, vol. 64(C), pages 40-49.
    6. Rodríguez, Rosa & Rubio, Gonzalo, 2016. "Teaching quality and academic research," International Review of Economics Education, Elsevier, vol. 23(C), pages 10-27.
    7. Babin, J. Jobu & Hussey, Andrew, 2023. "Gender penalties and solidarity — Teaching evaluation differentials in and out of STEM," Economics Letters, Elsevier, vol. 226(C).

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    More about this item

    Keywords

    Higher education; Teacher quality;

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • M55 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Contracting Devices

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