Cyclicality and the Labor Market for Economists.

Autor/inn/en	Gallet, Craig A.; List, John A.; Orazem, Peter F.
Titel	Cyclicality and the Labor Market for Economists. Gefälligkeitsübersetzung: Zyklizität und der Arbeitsmarkt für Wirtschaftswissenschaftler.
Quelle	In: Southern economic journal, 72 (2005) 2, S. 284-304 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	2325-8012
DOI	10.1002/j.2325-8012.2005.tb00703.x
Schlagwörter	Konjunkturzyklus; Arbeitskräftebedarf; Arbeitsmarktentwicklung; Arbeitsuche; Bewerbungsverhalten; Bewerbung; Bewerberauswahl; Hochschulabsolvent; Wirtschaftswissenschaftler; USA
Abstract	"The 1987 academic market was strong, whereas the 1997 market was weak. A multimarket theory of optimal search suggests that job seekers will respond to a weakening market by changing their search strategies at the extensive margin (which markets to enter) and the intensive margin (how many applications to submit per market). Employers respond to the weakening market by raising their hiring standards. High-quality applicants will obtain an increased share of academic interviews in weak markets while applicants from weaker schools will increasingly secure interviews outside of the academic market. Empirical results show that in the bust market, graduates of elite schools shifted their search strategies to include weaker academic institutions, while graduates of lower-ranked schools shifted their applications away from academia and toward the business sector. In bust conditions, academic institutions increasingly concentrate their interviews on elite school graduates, women, and U.S. residents." The study refers to the period 1987-1997 (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2025/3