The Publishing of Real Estate Articles Within a Finance Department

A unique data set of 311 professors is employed to examine the relative research productivity between real estate and finance faculty. The results suggest that, on average, real estate faculty within a finance department publish more real estate and finance publications than do their finance colleagues. The results also indicate that publications in top real estate journals increase annual salary by approximately $800. Collected over a twenty-year period, this increment in salary would increase the professor's wealth by more than $10,600. Finally, there is some evidence that real estate faculty are paid less than finance faculty, ceteris paribus, although the results are not statistically significant.