A model of adjuncts in higher education |
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| Authors: | Michael C Kimmitt |
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| Institution: | aUniversity of Hawai'i at Manoa, Department of Economics, 541 Saunders Hall, 2424 Maile Way, Honolulu, HI 96826, USA |
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| Abstract: | We examine the phenomenon of the expanded use of non-tenure-track positions (“adjuncts”) and construct a supply-side Harris–Todaro model. Low adjunct wages are attributable to a “Hope Rent” from the gap between private opportunities and tenure-track utility. |
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| Keywords: | Higher education Harris– Todaro Dynamic incentives |
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