Economics and finance PhDs: Professional activities, productivity and prospects
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ACDE Seminar
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This research analyses the careers of more than 600 individuals with PhDs in economics or finance from Australian universities. About 60 percent are now in academia and one-quarter of those are at level E (professor). Publication and citation profiles are constructed that could be useful benchmarks for individuals and institutions in assessing research productivity performance. Academic experience (the number of years since gaining the PhD) is established as a major driver of publications and citations, although subject to diminishing returns. Four findings are noteworthy. (i) For those in academia, the matrix linking PhD-awarding and employing universities is sparse, but contains hints of geographic sub-networks. (ii) Outside the academic sector, there is a diverse range of jobs for PhDs. (iii) Females are substantially under represented, but there is no gender gap in research productivity. (iv) Finance scholars achieve research outcomes little different to economists.
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