The Labor Market for New Ph.D. Economists: Panel Discussion
基于美国博士项目数据，讨论新晋经济学博士的就业趋势，包括本土学生比例下降、学术就业成功率、职业满意度，以及顶尖项目学生特征和公共经济学领域起薪偏低的现象。
have provided us with a wealth of information about the newest products of U.S. Ph.D. programs. Among the notable facts are the continuing decline in the share of U.S. natives among these new graduates, their continued success at landing academic and other professional jobs, and their high level of professional fulfillment, in terms of both job satisfaction and outcomes measuring up to expectations. There are also a variety of intriguing results. For example, (from their table 5) students completing the top Ph.D. programs were younger, less likely to be married, and more likely to be foreign than those in the overall sample. Perhaps most disturbing, (from their table 6) median starting full-time academic salaries were lowest in public economics, a result that cannot be accounted for in salary regressions with other covariates. This clearly is an inversion of the appropriate ranking. In my comments, I will focus on two selected aspects of Ph.D. programs and the Ph.D. job market.