The changing distributions of new Ph.D. economists and their employment: implications for the future

Article Abstract:

Students complete economics Ph.D. with an average age of 32-years-old, and often have work experience prior to studying. They are tending to take longer to finish their Ph.D.s, with may be due to reduced levels of financial support. The academic job market for new economics Ph.D. is difficult, so many find work outside academia. The alternatives of law or an MBA tend to take less time to complete their studies and be paid more when they finish them. Fewer Ph.D.s are being achieved by American citizens. The realities of the labor market should be explained to students.

Employment

---

The link from graduate education in economics to the labor market

Article Abstract:

There has been little study of the labor market for economists, although economists are well-equipped to carry out such a study. There is likely to be a drop in Ph.D. recipients due to lower numbers of undergraduate economics majors. The median number of years that students have spent registered for a Ph.D. has increased, and this could be linked to a softer labor market, students having to do paid work as well as study, or another reason.

---

The salaries of Ph.D.'s in academe and elsewhere

Article Abstract:

The lower salaries received by doctoral degree-holders in the academic field as compared to that received by degree-holders in the industrial and government sectors is found to be compensated by the degree of freedom and autonomy enjoyed by those in the academe. The proposition that those in the academe may be of lower quality is rejected by data from the 1985 and 1987 Surveys of Doctoral Recipients.

Universities and colleges, Compensation and benefits, College faculty, Professional workers, Professional employees

Similar abstracts:

• Abstracts: The changing Japanese economy and the need for a fundamental shift in the tax system. The Shoup tax system and the postwar development of the Japanese economy
• Abstracts: Weintaub's consumption coefficient: some economic implications and evidence for the UK. Evolution and organisational choice in nineteenth-century Britain
• Abstracts: A note on Thomson's characterizations of the uniform rule. Efficiency and equality in a simple model of efficient unemployment insurance
• Abstracts: The estimation of single equation rational expectations models: an application to UK consumption. The demand for money in Greece: an exercise in econometric modelling with cointegrated variables
• Abstracts: Measuring real and nominal macroeconomic shocks and their international transmission under different monetary systems

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.