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Adviser connectedness and placement outcomes in the economics job market

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  • Rose, Michael E.
  • Shekhar, Suraj

Abstract

We study the role of social networks in the academic job market for graduate students of Economics. We find that the connectedness of a student’s advisor in the coauthor network significantly improves her job market outcome. We use two identification strategies and find that a) higher Eigenvector centrality of an adviser leads to her student getting placed at a better ranked institution, and b) larger distance between an adviser and an institution decreases the probability that her students are placed there. Our study sheds light on the importance of social connections in a labour market where information frictions regarding job openings are virtually absent.

Suggested Citation

  • Rose, Michael E. & Shekhar, Suraj, 2023. "Adviser connectedness and placement outcomes in the economics job market," Labour Economics, Elsevier, vol. 84(C).
    • Handle: RePEc:eee:labeco:v:84:y:2023:i:c:s0927537123000726
    DOI: 10.1016/j.labeco.2023.102397
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    Cited by:

    1. Schmal, W. Benedikt, 2024. "The X Factor: Open Access, New Journals, and Incumbent Competitors," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302342, Verein für Socialpolitik / German Economic Association.

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    More about this item

    Keywords

    Placement; Academic labour market; Social network; Referrals;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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