This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Cyclicality and the Labor Market for Economists

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Gallet, Craig A.
List, John A.
Orazem, Peter

Additional information is available for the following registered author(s):

Abstract

A multimarket theory of optimal search suggests that job seekers will respond to a weakening market by adjusting their search strategies at the extensive margin (which markets to enter) and the intensive margin (how many applications to submit per market). Meanwhile, employers respond to the weakening market by raising their hiring standards. The equilibrium suggestst that high quality applicants will obtain an increased share of academic interviews in weak markets while applicants from weaker schools will increasingly secure interviews outside of the academic market. Empirical results show that in the bust market, graduates of elite schools shifted their search strategies to include weaker academic institutions, while graduates of lower ranked schools shifted their applications away from academia and toward the business sector. In bust conditions, academic institutions increasingly concentrate their interviews on elite school graduates, women and U.S. residents.

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 12025.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 20 pages
Date of creation: 30 Aug 2004
Date of revision:
Publication status: Published in Southern Economic Journal, October 2005, Vol. 72, No. 2, pp. 284-304.
Handle: RePEc:isu:genres:12025

Contact details of provider:
Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Email:
Web page: http://www.econ.iastate.edu
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Stephanie Bridges).

Related research
Keywords: search; PhD; labor market; boom; bust; sorting;

Other versions of this item:

Find related papers by JEL classification:
J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Broder, Ivy E, 1993. "Professional Achievements and Gender Differences among Academic Economists," Economic Inquiry, Oxford University Press, vol. 31(1), pages 116-27, January.
  2. Formby, John P & Gunther, William D & Sakano, Ryoichi, 1993. "Entry Level Salaries of Academic Economists: Does Gender or Age Matter?," Economic Inquiry, Oxford University Press, vol. 31(1), pages 128-38, January.
  3. John A. List, 2000. "Interview Scheduling Strategies of New Ph.D. Economists," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 31(2), pages 191-201. [Downloadable!]
  4. Kahn, Shulamit B, 1995. "Women in the Economics Profession," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 193-205, Fall. [Downloadable!] (restricted)
  5. John J. Siegfried, 2006. "Report of the Director, Job Openings for Economists," American Economic Review, American Economic Association, vol. 96(2), pages 514-515, May. [Downloadable!]
    Other versions:
  6. Carson, Richard & Navarro, Peter, 1988. "A Seller's (and Buyer's) Guide to the Job Market for Beginning Academic Economists," Journal of Economic Perspectives, American Economic Association, vol. 2(2), pages 137-48, Spring. [Downloadable!] (restricted)
  7. Larry D. Singell & Joe A. Stone, 1993. "GENDER DIFFERENCES IN PH.D. ECONOMISTS' CAREERS," Contemporary Economic Policy, Western Economic Association International, vol. 11(4), pages 95-106, October. [Downloadable!] (restricted)
  8. John J. Siegfried & Wendy A. Stock, 1999. "The Labor Market for New Ph.D. Economists," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 115-134, Summer. [Downloadable!] (restricted)
  9. John Cawley, 2001. "A Guide (and Advice) for Economists on the U. S. Junior Academic Job Market," Labor and Demography 0109001, EconWPA, revised 27 Sep 2001. [Downloadable!]
  10. Fallick, Bruce Chelimsky, 1992. "Job Security and Job Search in More Than One Labor Market," Economic Inquiry, Oxford University Press, vol. 30(4), pages 742-45, October.
Full references

Statistics
Access and download statistics

Did you know? All the bibliographic data shown here has been contributed by volunteers, thereby helping to keep this service free.

This page was last updated on 2009-12-15.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.