The Job Market for New Economists: A Market Design Perspective

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The Job Market for New Economists: A Market Design Perspective

Show simple item record Roth, Alvin E. Coles, Peter Andrew Cawley, John Levine, Phillip B. Niederle, Muriel Siegfried, John J. 2011-11-09T15:08:47Z 2010
dc.identifier.citation Coles, Peter, John Cawley, Phillip B. Levine, Muriel Niederle, Alvin E. Roth, and John J. Siegfried. 2010. The job market for new economists: a market design perspective. Journal of Economic Perspectives 24(4): 187-206. en_US
dc.identifier.issn 0895-3309 en_US
dc.description.abstract This paper, written by the members of the American Economic Association (AEA) Ad Hoc Committee on the Job Market, provides an overview of the market for new Ph.D. economists. It describes the role of the AEA in the market and focuses in particular on two mechanisms adopted in recent years at the suggestion of our Committee. First, job market applicants now have a signaling service to send an expression of special interest to up to two employers prior to interviews at the January Allied Social Science Associations (ASSA) meetings. Second, the AEA now invites candidates who are still on the market, and employers whose positions are still vacant, to participate in a web-based "scramble" to reduce search costs and thicken the late part of the job market. We present statistics on the activity in these market mechanisms and present survey evidence that both mechanisms have facilitated matches. The paper concludes by discussing the emergence of platforms for transmitting job market information and other design issues that may arise in the market for new economists. en_US
dc.description.sponsorship Economics en_US
dc.language.iso en_US en_US
dc.publisher American Economic Association en_US
dc.relation.isversionof doi:10.1257/jep.24.4.187 en_US
dash.license OAP
dc.title The Job Market for New Economists: A Market Design Perspective en_US
dc.type Journal Article en_US
dc.description.version Accepted Manuscript en_US
dc.relation.journal Journal of Economic Perspectives en_US Roth, Alvin E. 2011-11-09T15:08:47Z

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