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Full-Text Articles in Social and Behavioral Sciences
Prospects In The Academic Labor Market For Economists, Ronald G. Ehrenberg
Prospects In The Academic Labor Market For Economists, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] American colleges and universities are increasingly substituting nontenure track full-time and part-time faculty for full-time tenured and tenure track faculty. Moreover, institutions of public higher education, where almost two-thirds of the full-time faculty members at four-year institutions are employed, are under severe financial pressure. The share of state budgets devoted to public higher education is declining. The salaries of economics department faculty members at public higher education institutions have fallen substantially relative to the salaries of their counterparts at private higher education institutions, and it is becoming increasingly difficult for the publics to compete for top faculty in economics. …
The Changing Distributions Of New Ph.D. Economists And Their Employment: Implications For The Future, Ronald Ehrenberg
The Changing Distributions Of New Ph.D. Economists And Their Employment: Implications For The Future, Ronald Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Academic careers are no longer the be-all and end-all for economics Ph.D. students, and the findings and background provided by Siegfried and Stock help to explain why this is so. The median age at which individuals receive economics Ph.D.'s in the Siegfried and Stock sample is 32. While they are somewhat surprised at this finding, it parallels the experiences of many other fields. Increasingly, students are working before proceeding to doctoral studies. Often Ph.D. students in economics enter their programs after having spent several years working for government agencies or research consulting companies—work that has whetted their appetites for …