Teaching and Publishing as Determinants of Academic Salaries

Having examined the reward structure at the University of Wisconsin, Siegfried and White report on the relative rewards for teaching and research in the Economics Department. The variables included in their model of salary determination are years of experience, publications, teaching productivity (based upon teaching evaluation scores), and administrative duties. The authors question the hypothesis that good researchers make good teachers, and analyze the relative merits of concentrating upon research, teaching or administrative work. Finally, they discuss the implications of their findings for economic education.