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Salary and job satisfaction among economics and business graduates: The effect of match between degree field and job

Listed author(s):
  • Robst, John
  • VanGilder, Jennifer

The purpose of this paper was to compare employment outcomes for individuals who majored in economics and business administration. Economics majors were more likely to work in a job unrelated to the degree field than business administration majors. Economics majors earned higher wages, and mismatch had a smaller effect on wages for economics majors than business majors. Mismatch also had a smaller effect on aspects of job satisfaction for economics graduates compared to business graduates.

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File URL: http://www.sciencedirect.com/science/article/pii/S1477388015302206
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Article provided by Elsevier in its journal International Review of Economics Education.

Volume (Year): 21 (2016)
Issue (Month): C ()
Pages: 30-40

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Handle: RePEc:eee:ireced:v:21:y:2016:i:c:p:30-40
DOI: 10.1016/j.iree.2015.11.001
Contact details of provider: Web page: http://www.journals.elsevier.com/international-review-of-economics-education

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  1. Francis Green & Yu Zhu, 2010. "Overqualification, job dissatisfaction, and increasing dispersion in the returns to graduate education," Oxford Economic Papers, Oxford University Press, vol. 62(4), pages 740-763, October.
  2. Robst, John, 2007. "Education and job match: The relatedness of college major and work," Economics of Education Review, Elsevier, vol. 26(4), pages 397-407, August.
  3. Dan A. Black & Seth Sanders & Lowell Taylor, 2003. "The Economic Reward for Studying Economics," Economic Inquiry, Western Economic Association International, vol. 41(3), pages 365-377, July.
  4. Mary O. Borg & Harriet A. Stranahan, 2010. "Evidence On The Relationship Between Economics And Critical Thinking Skills," Contemporary Economic Policy, Western Economic Association International, vol. 28(1), pages 80-93, 01.
  5. Michael K. Salemi & Carlie Eubanks, 1996. "Accounting for the Rise and Fall in the Number of Economics Majors with the Discouraged-Business-Major Hypothesis," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 350-361, October.
  6. Rachel A. Willis & Paul J. Pieper, 1996. "The Economics Major: A Cross-Sectional View," The Journal of Economic Education, Taylor & Francis Journals, vol. 27(4), pages 337-349, October.
  7. W. Lee Hansen, 2001. "Expected Proficiencies for Undergraduate Economics Majors," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(3), pages 231-242, January.
  8. John Robst, 2007. "Education, College Major, and Job Match: Gender Differences in Reasons for Mismatch," Education Economics, Taylor & Francis Journals, vol. 15(2), pages 159-175.
  9. David A. Freedman & Richard A. Berk, 2008. "Weighting Regressions by Propensity Scores," Evaluation Review, , vol. 32(4), pages 392-409, August.
  10. Hansen, W Lee, 1986. "What Knowledge Is Most Worth Knowing-For Economics Majors?," American Economic Review, American Economic Association, vol. 76(2), pages 149-152, May.
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