Is it all worth it? The experiences of new PhDs on the job market, 2007-2010

Working Paper No. 20654 This paper describes the job market experiences of new PhD economists, 2007-10. Using information from PhD programs' job candidate websites and original surveys, the authors present information about job candidates' characteristics, preferences and expectations; how...

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Bibliographic Details
Published inNBER Working Paper Series p. 20654
Main Authors Brooke Helppie McFall, Murray-Close, Marta, Willis, Robert J, Chen, Uniko
Format Paper
LanguageEnglish
Published Cambridge National Bureau of Economic Research, Inc 01.11.2014
Subjects
Academic degrees
Analysis
Candidates
Economic theory
Economics
Economists
Employment
Employment interviews
Graduate studies
Hiring
Job hunting
Labor market
Meetings
Studies
Websites
United States > US
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Summary:Working Paper No. 20654 This paper describes the job market experiences of new PhD economists, 2007-10. Using information from PhD programs' job candidate websites and original surveys, the authors present information about job candidates' characteristics, preferences and expectations; how job candidates fared at each stage of the market; and predictors of outcomes at each stage. Some information presented in this paper updates findings of prior studies. However, design features of the data used in this paper may result in more generalizable findings. This paper is unique in comparing pre-market expectations and preferences with post-market outcomes on the new PhD job market. It shows that outcomes tend to align with pre-market preferences, and candidates' expectations are somewhat predictive of their outcomes. Several analyses also shed light on sub-group differences.
ISSN:0898-2937
DOI:10.3386/w20654