The Market for Economics and Finance PhDs |
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| Authors: | Yihui Lan Ian W Li Zong Ken Chai Kenneth W Clements |
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| Institution: | 1. Kenneth W. Clements: The University of Western Australia, Western Australia, Australia;2. email: <3. Ken.Clements@uwa.edu.au>4. . Lan, Chai and Clements are with the UWA Business School;5. Li is with the UWA School of Population and Global Health. For helpful discussions and comments, we are grateful to Emiliano Carlevaro, Simon Chang, Shawn Chen, Izan, Alison Preston, Diana Soetjipto, Rod Tyers and participants at seminars at ANU and UWA. In revising the paper, we have benefitted from the comments of Ross Williams, the Co-editor and two referees. |
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| Abstract: | This paper presents new information about the post-graduation activities of those with a PhD in economics and finance from an Australian university. Approximately 40 per cent have an academic job, while the other 60 per cent work elsewhere or engage in other activities. The analysis includes origin?destination networks for both the academic and non-academic markets, the determinants of earnings and measures of overqualification and underemployment. The findings of the paper can provide guidance for those completing or contemplating PhD studies. |
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