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The Market for Economics and Finance PhDs

Author

Listed:
  • Yihui Lan
  • Ian W. Li
  • Zong Ken Chai
  • Kenneth W. Clements

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.

Suggested Citation

  • Yihui Lan & Ian W. Li & Zong Ken Chai & Kenneth W. Clements, 2023. "The Market for Economics and Finance PhDs," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 56(2), pages 163-191, June.
    • Handle: RePEc:bla:ausecr:v:56:y:2023:i:2:p:163-191
    DOI: 10.1111/1467-8462.12509
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    References listed on IDEAS

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    1. Wendy A. Stock & John J. Siegfried, 2014. "Fifteen Years of Research on Graduate Education in Economics: What Have we Learned?," The Journal of Economic Education, Taylor & Francis Journals, vol. 45(4), pages 287-303, December.
    2. John J. Siegfried & Wendy A. Stock, 1999. "The Labor Market for New Ph.D. Economists," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 115-134, Summer.
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    Cited by:

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    2. Hao Dong & Tao Li, 2023. "Climate Economics and Finance: A Literature Review," Climate Economics and Finance, Anser Press, vol. 1(1), pages 29-45, November.

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