You think my sample is small, what about your sample? Market stars would not necessarily become the leading scholars in the field, but statistically speaking market stars have a much higher likelihood of becoming the leading scholars in the field and I hope your dumb head can understand the meaning of statistically speaking. If finance and accounting job market is not large, then what about economics? Most of the big names in economics are market stars the year when they went on the job market. I wrote in English because I am trained to think in English. I didn't elaborate the reason doesn't necessarily mean the reason doesn't exist. There are certain super smart people who can be the top in any field, but for most people there's a matching problem, the match between their different types of ability and what kind of jobs they can be best at, and this ability is affected by past training as well. Anyway, this logic might be too deep for you.
I am talking about skills and training, not sheer talent. This is just like some people are more adept to data, while others are better in pure logical reasoning and it has nothing to do with Nobel Prize. You completely missed the point.
Speaking of statistics, there's a paper in AER paper and proceedings, May 2007," What Does Performance in Graduate School Predict? Graduate Economics Education and Student Outcomes" (by Susan Athey, Larry Katz, Alan Krueger, James Poterba, and Steve Levitt). One remark: All 5 are top economists, albeit in different field. The main conclusion of the paper is that first-year micro and macro grades are statistically significant predictors of student job placement, even conditional on PhD completion. Conditional on first-year grades, Graduate Record Examination (GRE) scores, foreign citizenship, sex, and having a prior master’s degree do not predict job placement. Students who attended elite undergraduate universities and liberal arts colleges are more likely to be placed in top-ranked academic jobs. It is not directly related to my point, but it definitely shed some light on it. But If you accept the argument that job market stars are usually placed to top ranked schools, you would agree that their conclusion is that job market candidates likely come from students doing perfectly in their first-year studies and students graduating from top colleges, and this is the so-called skill and training matching.
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发表于 2010-3-18 11:33:54
