“Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success?”, Ho Fai Chan, Bruno S. Frey, Jana Gallus, Benno Torgler2013-02-27 (, ; backlinks)⁠:

Despite the social importance of awards, they have been largely disregarded by academic research in economics.

This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients’ subsequent research activity and status compared to a synthetic control group of non-recipient scholars with similar previous research performance.

We find evidence of positive incentive and status effects that raise both productivity and citation levels.

[Keywords: awards, incentives, research, John Bates Clark Medal, synthetic control method]