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Prospects in the Academic Labor Market for Economists

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  • Ronald G. Ehrenberg

Abstract

This paper discussed what the academic labor market for economists is likely to look like in the years ahead. After tracing out trends in PhD production of new economists, including the increasing share of new PhDs who are foreign residents, it presents new evidence on the growing use of part-time and full-time non tenure-track faculty in U.S. economics departments, the growing salary differentials between economists employed at private and public doctoral universities, and how economists' salaries have changed relative to those of faculty in other disciplines.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/0895330041371312
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 18 (2004)
Issue (Month): 2 (Spring)
Pages: 227-238

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Handle: RePEc:aea:jecper:v:18:y:2004:i:2:p:227-238

Note: DOI: 10.1257/0895330041371312
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Cited by:
  1. Ben-David, Dan, 2007. "Soaring Minds: The Flight of Israel’s Economists," CEPR Discussion Papers 6338, C.E.P.R. Discussion Papers.
  2. Günther G. Schulze & Susanne Warning & Christian Wiermann, 2008. "What and How Long Does It Take to Get Tenure? The Case of Economics and Business Administration in Austria, Germany and Switzerland," German Economic Review, Verein für Socialpolitik, vol. 9, pages 473-505, November.
  3. William R. Johnson & Sarah Turner, 2009. "Faculty without Students: Resource Allocation in Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 169-89, Spring.
  4. Ronald G. Ehrenberg, 2005. "Involving Undergraduates in Research To Encourage Them To Undertake Ph.D. Study in Economics," American Economic Review, American Economic Association, vol. 95(2), pages 184-188, May.
  5. Ehrenberg, Ronald G. & McGraw, Marquise & Mrdjenovic, Jesenka, 2006. "Why do field differentials in average faculty salaries vary across universities?," Economics of Education Review, Elsevier, vol. 25(3), pages 241-248, June.
  6. Bruce A. Weinberg & Belton M. Fleisher & Masanori Hashimoto, 2007. "Evaluating Methods for Evaluating Instruction: The Case of Higher Education," NBER Working Papers 12844, National Bureau of Economic Research, Inc.

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