Why Do French Engineers Find Stable Jobs Faster than PhDs?

David Margolis and Luis Miotti (miotti_luis@wanadoo.fr)
Additional contact information
Luis Miotti: University of Paris 13

No 11197, IZA Discussion Papers from Institute of Labor Economics (IZA)

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 (but not unobservable) dimensions and fields of study, directed search toward public sector positions (especially professors) among PhDs and reservation wages of PhDs for private sector jobs that are "too high" relative to their value of marginal product.

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)
Pages: 38 pages
Date: 2017-12
New Economics Papers: this item is included in nep-edu, nep-eur and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://docs.iza.org/dp11197.pdf (application/pdf)

Related works:
Journal Article: 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? (2021)
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