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Pedigree or Placement? An Analysis of Research Productivity in Finance
Kam C. Chan? Western Kentucky University Carl R. Chen University of Dayton Hung-Gay Fung University of Missouri-St. Louis
We examine pedigree and placement effects of research productivity in finance and find a notable placement effect: authors who are currently affiliated with “elite” institutions tend to be more productive, especially among the top three finance journals. The placement effect, however, weakens in more recent years. We also observe a pedigree effect in the top three journals, where there is a higher concentration of publications by authors with degrees from“elite” institutions. We provide rankings of the institutions that are best at developing and training scholars. |
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