Why Do French Engineers Find Stable Jobs Faster than PhDs?

David Margolis and Egidio Luis Miotti

Revue économique, 2021, vol. 72, issue 4, 555-589

Abstract: This paper studies why PhDs in France take longer to find stable jobs than engineers. Using data from CEREQ’s “Génération 2004” survey, we show that job finding rates of PhDs are lower than those of engineers and document the differences in their observable characteristics and fields of study. We show that this phenomenon is due to multiple factors: heterogeneity in student characteristics along observable and unobservable dimensions and fields of study, directed search toward public sector positions (especially professors) among PhDs and, in all likelihood, reservation wages of PhDs for private sector jobs that are “too high” relative to their value of marginal product. JEL Codes: J24, I23, J64.

Keywords: school-to-work transition; STEM; directed search; wage subsidies (search for similar items in EconPapers)
JEL-codes: I23 J24 J64 (search for similar items in EconPapers)
Date: 2021
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Related works:
Working Paper: Why Do French Engineers Find Stable Jobs Faster than PhDs? (2021)
Working Paper: Why Do French Engineers Find Stable Jobs Faster than PhDs? (2021)
Working Paper: Why Do French Engineers Find Stable Jobs Faster than PhDs? (2021)
Working Paper: Why Do French Engineers Find Stable Jobs Faster than PhDs? (2021)
Working Paper: Why Do French Engineers Find Stable Jobs Faster than PhDs? (2021)
Working Paper: Why Do French Engineers Find Stable Jobs Faster than PhDs? (2017)
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