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Free Content Prospects in the Academic Labor Market for Economists

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Abstract:

This paper discussed what the academic labor market for economists is likely to look like in the years ahead. After tracing out trends in PhD production of new economists, including the increasing share of new PhDs who are foreign residents, it presents new evidence on the growing use of part-time and full-time non tenuretrack faculty in U.S. economics departments, the growing salary differentials between economists employed at private and public doctoral universities, and how economists' salaries have changed relative to those of faculty in other disciplines.

Document Type: Research Article

DOI: http://dx.doi.org/10.1257/0895330041371312

Publication date: May 1, 2004

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  • The Journal of Economic Perspectives (JEP) attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve several goals: to synthesize and integrate lessons learned from active lines of economic research; to provide economic analysis of public policy issues; to encourage cross-fertilization of ideas among the fields of thinking; to offer readers an accessible source for state-of-the-art economic thinking; to suggest directions for future research; to provide insights and readings for classroom use; and to address issues relating to the economics profession.
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