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Is It All Worth It? The Experiences of New PhDs on the Job Market, 2007-10

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  • Brooke Helppie McFall
  • Marta Murray-Close
  • Robert J. Willis
  • Uniko Chen

Abstract

The authors describe job market experiences of new PhD economists, 2007-10. Using information from PhD programs' job candidate Web sites and original surveys, they 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 in this article updates findings of prior studies. However, design features of the data used in this article may result in findings that are more generalizable. This article is unique in comparing premarket expectations and preferences with post-market outcomes on the new PhD job market. It shows that outcomes tend to align with premarket preferences, and candidates' expectations are somewhat predictive of their outcomes. Several analyses also shed light on subgroup differences.

Suggested Citation

  • Brooke Helppie McFall & Marta Murray-Close & Robert J. Willis & Uniko Chen, 2015. "Is It All Worth It? The Experiences of New PhDs on the Job Market, 2007-10," The Journal of Economic Education, Taylor & Francis Journals, vol. 46(1), pages 83-104, March.
    • Handle: RePEc:taf:jeduce:v:46:y:2015:i:1:p:83-104
    DOI: 10.1080/00220485.2014.980528
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    Cited by:

    1. Sam Allgood & Gail Hoyt & KimMarie McGoldrick, 2018. "The Role of Teaching and Teacher Training in the Hiring and Promotion of Ph.D. Economists," Southern Economic Journal, John Wiley & Sons, vol. 84(3), pages 912-927, January.
    2. Giulio Marini, 2021. "The employment destination of PhD-holders in Italy: non-academic funded projects as drivers of successful segmentation," DoQSS Working Papers 21-16, Quantitative Social Science - UCL Social Research Institute, University College London.
    3. Kenneth Clements & Jiawei Si, 2019. "What Do Australian Economics PhDs Do?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 52(1), pages 134-144, March.

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