Is it All Worth it? The Experiences of New Phds on the Job Market, 2007-2010

49 Pages Posted: 10 Nov 2014 Last revised: 11 Nov 2014

See all articles by Brooke Helppie-McFall

Brooke Helppie-McFall

University of Michigan, Survey Research Center

Marta Murray-Close

affiliation not provided to SSRN

Robert J. Willis

University of Michigan at Ann Arbor - Department of Economics; National Bureau of Economic Research (NBER)

Uniko Chen

Mercer

Marta Murray‐Close

University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics

Date Written: November 2014

Abstract

This paper describes the job market experiences of new PhD economists, 2007-10. Using information from PhD programs' job candidate websites and original surveys, the authors present information about job candidates' characteristics, preferences and expectations; how job candidates fared at each stage of the market; and predictors of outcomes at each stage. Some information presented in this paper updates findings of prior studies. However, design features of the data used in this paper may result in more generalizable findings. This paper is unique in comparing pre-market expectations and preferences with post-market outcomes on the new PhD job market. It shows that outcomes tend to align with pre-market preferences, and candidates' expectations are somewhat predictive of their outcomes. Several analyses also shed light on sub-group differences.

Suggested Citation

McFall, Brooke Helppie and Murray-Close, Marta and Willis, Robert J. and Chen, Uniko and Murray-Close, Marta, Is it All Worth it? The Experiences of New Phds on the Job Market, 2007-2010 (November 2014). NBER Working Paper No. w20654. Available at SSRN: https://ssrn.com/abstract=2521413

Brooke Helppie McFall (Contact Author)

University of Michigan, Survey Research Center ( email )

426 Thompson St
Ann Arbor, MI 48104
United States

Marta Murray-Close

affiliation not provided to SSRN

No Address Available

Robert J. Willis

University of Michigan at Ann Arbor - Department of Economics ( email )

611 Tappan Street
Ann Arbor, MI 48109-1220
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Uniko Chen

Mercer ( email )

1255 23rd St NW
Suite 500
Washington, DC
United States

Marta Murray-Close

University of Massachusetts at Amherst - College of Social and Behavioral Sciences - Department of Economics ( email )

Amherst, MA 01003
United States

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