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So You Want to Earn a Ph.D. in Economics?: How Long Do You Think It Will Take?

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  • John J. Siegfried
  • Wendy A. Stock

Abstract

The elapsed time taken to earn a Ph.D. in economics is analyzed with data from 618 1996-97 Ph.D.s. A duration model indicates that students supported by fellowships, and those holding a prior Master's degree finish faster. Americans, those who take jobs before completing their degree, and those with children take longer. Kids slow the progress of women, but not men. The only difference among fields is more time required for industrial organization and international economics. There is no difference in time-to-degree between men and women, married and single students, older and younger students, and those enrolled in larger or smaller Ph.D. programs.

Suggested Citation

  • John J. Siegfried & Wendy A. Stock, 2001. "So You Want to Earn a Ph.D. in Economics?: How Long Do You Think It Will Take?," Journal of Human Resources, University of Wisconsin Press, vol. 36(2), pages 364-378.
  • Handle: RePEc:uwp:jhriss:v:36:y:2001:i:2:p:364-378
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    Cited by:

    1. John J. Siegfried & Wendy A. Stock, 2007. "The Undergraduate Origins of PhD Economists," The Journal of Economic Education, Taylor & Francis Journals, pages 461-482.
    2. Pietro Garibaldi & Francesco Giavazzi & Andrea Ichino & Enrico Rettore, 2012. "College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities," The Review of Economics and Statistics, MIT Press, vol. 94(3), pages 699-711, August.
    3. Jeffrey Groen & George Jakubson & Ronald G. Ehrenberg & Scott Condie & Albert Yung-Hsu Liu, 2006. "Program Design and Student Outcomes in Graduate Education," NBER Working Papers 12064, National Bureau of Economic Research, Inc.
    4. Hilmer, Christiana E. & Hilmer, Michael J., 2004. "On The Return To Journal Quality, Coauthorship And Author Order Within Top Ranked Agricultural Economics Programs," 2004 Annual meeting, August 1-4, Denver, CO 20179, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Glocker, Daniela, 2011. "The effect of student aid on the duration of study," Economics of Education Review, Elsevier, vol. 30(1), pages 177-190, February.
    6. Eric S. Lin & Shih-Yung Chiu, 2016. "Does Holding a Postdoctoral Position Bring Benefits for Advancing to Academia?," Research in Higher Education, Springer;Association for Institutional Research, vol. 57(3), pages 335-362, May.
    7. Kurlaender, Michal & Jackson, Jacob & Howell, Jessica S. & Grodsky, Eric, 2014. "College course scarcity and time to degree," Economics of Education Review, Elsevier, vol. 41(C), pages 24-39.
    8. Hilmer, Michael J. & Hilmer, Christiana E., 2011. "Is it where you go or who you know? On the relationship between students, Ph.D. program quality, dissertation advisor prominence, and early career publishing success," Economics of Education Review, Elsevier, vol. 30(5), pages 991-996, October.
    9. Wendy A. Stock & John J. Siegfried & T. Aldrich Finegan, 2011. "Completion Rates and Time-to-Degree in Economics PhD Programs (with comments by David Colander, N. Gregory Mankiw, Melissa P. McInerney, James M. Poterba)," American Economic Review, American Economic Association, pages 176-188.
    10. Michael J. Hilmer & Christiana E. Hilmer, 2009. "Fishes, Ponds, And Productivity: Student-Advisor Matching And Early Career Publishing Success For Economics Phds," Economic Inquiry, Western Economic Association International, vol. 47(2), pages 290-303, April.
    11. Carmen Aina & Eliana Baici & Giorgia Casalone, 2010. "Time-to-Degree: Students' Abilities, University Characteristics or What Else? Evidence from Italy," Working Papers 130, SEMEQ Department - Faculty of Economics - University of Eastern Piedmont.
    12. Wendy A. Stock & John J. Siegfried, 2006. "Time-to-Degree for the Economics Ph.D. Class of 2001-2002," American Economic Review, American Economic Association, pages 467-474.
    13. Sören Blomquist & Luca Micheletto, 2008. "Age-related Optimal Income Taxation," Scandinavian Journal of Economics, Wiley Blackwell, pages 45-71.
    14. John J. Siegfried, 2001. "The Economics of Regional Association," Vanderbilt University Department of Economics Working Papers 0115, Vanderbilt University Department of Economics.
    15. Carmen Aina, 2011. "The Determinants of Success and Failure of Italian University Students. Evidence from administrative data," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, pages 85-108.
    16. Jeffrey A. Groen, 2016. "The Impact of Labor Demand on Time to the Doctorate," Education Finance and Policy, MIT Press, pages 43-69.

    More about this item

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • I20 - Health, Education, and Welfare - - Education - - - General

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