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Recruiting talented researchers is easier in recessions and universities benefit from increased productivity.

Boehm, Michael J. and Watzinger, Martin (2014) Recruiting talented researchers is easier in recessions and universities benefit from increased productivity. Impact of Social Sciences Blog (13 Mar 2014). Website.

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Abstract

Between the end of 2007 and the middle of 2009, Britain and the United States experienced the worst recession for more than half a century. Evidence suggests that during that time entry into high-paying and high-risk private sector jobs declined substantially while many talented graduates tried to stay on at university. Using data of economics PhD graduates, Michael Boehm and Martin Watzinger find that universities benefit from recessions because in downturns they can recruit more productive researchers than in booms.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/impactofsocialsciences
Additional Information: © 2014 The Author(s) CC BY 3.0; Online
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > H Social Sciences (General)
L Education > L Education (General)
Sets: Collections > Impact of Social Sciences Blog at LSE
Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 28 Mar 2017 11:16
Last Modified: 19 Nov 2019 19:35
URI: http://eprints.lse.ac.uk/id/eprint/71119

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