Economists are a strange bunch to be sure. You just never know what we are going to research. We are currently working on a paper that attempts to explain why college business instructors, and economics instructors in general, don't often serve on committees and don't rise to administrative positions. The topic for the next Economists Cafe at our institution is "Why duelling was an efficient way to solve disputes" presented by a colleague from SFU.
Today, however, the Globe and Mail reported on a working paper that caused us to shake our heads. Three Ontario based economists have written a paper on what characteristics affect the salary of university professors. (Click here for article) The usual suspects are present: rank (professor, associate, assistant), experience, age, sex, field (yes, economists are among the top earners) and quality of university. But the most unusual attribute ... number of chili peppers on Rate My Professor. (click here for working paper)
The results? Top earners are hot, male, economists.
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