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Implications of the Labor Market for Graduate Education in Economics

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  • Anne O. Krueger

Abstract

The Siegfried-Stock findings represent the first solid data available since COGEE collected its data in the late 1980s. This paper reviews the COGEE findings in light of the new evidence. On the whole, the news is good: new Ph.D.s awarded are up, economics remains one of the most highly-paid Ph.D. careers, and delays in finding employment are very short. A number of questions remain, however, that cannot be answered with the data at hand. These include the degree to which the demand for new Ph.D.s will be sustained, and the ways in which economics departments are serving those students not intending a research career.

Suggested Citation

  • Anne O. Krueger, 1999. "Implications of the Labor Market for Graduate Education in Economics," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 153-156, Summer.
  • Handle: RePEc:aea:jecper:v:13:y:1999:i:3:p:153-156
    Note: DOI: 10.1257/jep.13.3.153
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.13.3.153
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    References listed on IDEAS

    as
    1. Krueger, Anne O, et al, 1991. "Report of the Commission on Graduate Education in Economics," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1035-1053, September.
    2. Bruno Frey, 2006. "How Influential is Economics?," De Economist, Springer, vol. 154(2), pages 295-311, June.
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    Cited by:

    1. Csaba, László, 2008. "Módszertan és relevancia a közgazdaságtanban. A mai közgazdaságtan és a társtudományok [Methodology and relevancy in economics. Today s economics and associated sciences]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 285-307.
    2. Bruno Frey, 2006. "How Influential is Economics?," De Economist, Springer, vol. 154(2), pages 295-311, June.
    3. Bruno S. Frey, 2000. "Was Bewirkt die Volkswirtschaftslehre?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 5-33, February.
    4. Győrffy, Dóra, 2007. "A közgazdaság-tudomány oktatása és kutatás a feltörekvő régiókban. Bourguignon, Francois-Yehuda Elkana-Boris Pleskovic (szerk.): Capacity Building in Economics Education and Research. World Bank, Wash," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1025-1031.

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    More about this item

    JEL classification:

    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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