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Extractions: We study hiring decisions made by competing universities in a dynamic framework, focusing on the structure of university finance. Universities with annual state-approved financing underinvest in high-quality faculty, while universities that receive a significant part of their annual income from returns on endowments hire fewer but better faculty and provide long-term contracts. If university financing is linked to the number of students, there is additional pressure to hire low-quality short-term staff. An increase in the university's budget might force the university to switch its priorities from `research' to `teaching' in equilibrium. We employ our model to discuss the necessity for state-financed endowments, and investigate the political economics of competition between universities, path-dependence in the development of the university system, and higher-education reform in emerging market economies. Download Info To download: If you experience problems downloading a file, check if you have the proper
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PIANO SYNERGY DUO - Irina Khovanskaya Official Website of PIANO SYNERGY DUO (Ruslan Sviridov and Irina Khovanskaya). A unique piano duet performing together and solo in one concert. The website includes biographies http://www.synergyduo.com/irina.html
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NEP-SOG-2008-04-12 Khovanskaya, Irina Sonin, Konstantin Yudkevich, Maria, 2008. Budget Uncertainty and Faculty Contracts A Dynamic Framework for Comparative Analysis, CEPR Discussion Papers http://ideas.repec.org/n/nep-sog/2008-04-12.html
Extractions: Other reports in NEP-SOG The following items were anounced in this report: Publications: German Economic Research Institutes on Track CEPR Discussion Papers 6665, C.E.P.R. Discussion Papers. [Downloadable!] (restricted) The Resistible Decline of European Science CEPR Discussion Papers 6625, C.E.P.R. Discussion Papers. [Downloadable!] (restricted) Budget Uncertainty and Faculty Contracts: A Dynamic Framework for Comparative Analysis CEPR Discussion Papers 6744, C.E.P.R. Discussion Papers. [Downloadable!] (restricted) Measuring reseach outputs across borders-a comment ESSEC Working Papers DR 08007, ESSEC Research Center, ESSEC Business School. [Downloadable!] The Virtues and Vices of Equilibrium and the Future of Financial Economics Levine's Bibliography 122247000000002067, UCLA Department of Economics. [Downloadable!]
Kellogg School Of Management - Faculty Khovanskaya, Irina, Konstantin Sonin and Maria Yudkevich. A Dynamic Model of the Research University. http://www.kellogg.northwestern.edu/Faculty/Directory/Sonin_Konstantin.aspx
Extractions: Konstantin Sonin is SUEK Professor of Economics at the New Economic School in Moscow. He received his Ph.D. in Mathematics from the Moscow State University, was a Post-doctoral Fellow at Harvard in 2000–01 and a visiting member at the Institute for Advanced Study in Princeton in 2004-2005. His research interests include political economics, transition and development, economic institutions, and economics of media. In 2002 and 2003, Sonin was awarded the Best Economist award by the President of the Russian Academy of Science. In 2004, he received the Gold Medal of the Global Development Network for his paper on the sources of political demand for bad institutions. His academic papers appeared in leading academic journals such as Review of Economic Studies, American Political Science Review, Journal of Public Economics, Journal of Law, Economics, and Organization, Journal of Comparative Economics, and Journal of Economics and Management Strategy. His column on economics and politics appears weekly in "Vedomosti", the leading Russian business daily, published jointly by WSJ and FT, and forthnightly in The Moscow Times, the main Russia's English-language newspaper. He is a frequent contributor to Russian leading printed and electronic media; his LiveJournal is one of most widely read Russian blogs on economics, politics, and business.
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SSRN-A Dynamic Model Of The Research University By Irina Khovanskaya, Irina, Sonin, Konstantin and Yudkevich, Maria, A Dynamic Model of the Research University (October 2009). Available at SSRN http//ssrn.com/abstract=1103291 http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1497242_code236428.pdf?abstracti
