So You Want to Earn a Ph.D. in Economics: How Much Do You Think You'll Make?

Wendy A Stock and John Siegfried

Economic Inquiry, 2001, vol. 39, issue 2, 320-35

Abstract: Using data from individuals who earned a Ph.D. in economics in 1996-97, this study identifies factors associated with securing full-time permanent positions and determinants of starting salaries for new Ph.D. economists. Where individuals attend graduate school and factors including the field of specialization and work as a teaching/research assistant impact whether graduates obtain full-time permanent jobs. Choice of graduate program and amount of time spent in the program influence starting salary, as does obtaining a position outside academia or in a research-oriented academic institution, both of which entail higher salaries relative to employment at a B.A.-level academic institution. Copyright 2001 by Oxford University Press.

Date: 2001
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