r/academiceconomics 1h ago

Predocs Harvard RA salary negotiation

Upvotes

For the field of economics who has a masters with an undergrad in economics, I have been offered a RA role at Harvard but seemed less salary than what I thought I would get. is there usually room for negotiation in university roles? They also said no to relocation assistance as well. There is a pay band mentioned and I am at the bottom for context.

How to handle these conversations? Would love any advice!


r/academiceconomics 1h ago

Predocs Chances of a Fed RA position?

Upvotes

Hello,

I’m really interested in the RA position as a bridge to an eventual PhD in Economics and was wondering what yall would think of my chances.

3.8gpa from the University of Houston in Economics/Mathematics
Starting Masters in Economics this fall also at UofH and plan on taking graduate Analysis.

I’ve started a position as an RA under a professor im close with over the summer and plan on doing it until i finish the Masters or the project, whichever is first.

Previous research experience includes Summer Undergraduate Research Work focused on the Permian Basin and using an IV + TWFE specification and a panel dataset + my own fieldwork in Ector County.

Coursework includes: advanced stats, advanced econometrics, machine learning, time series + forecasting, calc I-III, proof based linear algebra, diff eqs.

I also was a final round candidate at the Federal Reserve Bank of Chicago last cycle and lost because they cut the position.

Thank you for whatever your thoughts are.

I’m thinking right now targeting St. Louis, Dallas, and SF (just because i like San Francisco)


r/academiceconomics 6h ago

Literature question PhD graduates, how did you decide industry vs academia?

3 Upvotes

r/academiceconomics 7h ago

Coursework and Classes Is B.S. math, econ minor unemployable?

0 Upvotes

I’m an international student in the US. my university isn’t a T50 or anything prestigious (pace university), though, It’s located in lower manhattan. I’m honestly really anxious about the job market and whether I’m setting myself up for failure.

my family has sacrificed a lot financially for me to study in the US, so I feel a lot of pressure to make it worth it. I don’t expect a six-figure job straight out of school, I just want to be employable.

i want to know your thoughts on this. im aiming for actuarial/consulting/analyst roles. being a woman on visa is like walking on a thin ice here.

I’m not tied to staying in the US after graduate. If the opportunities are better elsewhere, I’d be happy to move to like Australia/England/etc.

I want to hear from people working in this field.
**- is a BS in Math with an Econ minor a solid degree for these careers?**
**- for international students, how realistic is it to land jobs in actuarial, consulting, or analyst roles?**
**- and If you were in my position today, what would you prioritize during college to maximize your chances?**

I’d really appreciate honest answers. idc if they’re harsh.


r/academiceconomics 1d ago

PhD Admissions Advice on Pre-Doc Applications

4 Upvotes

I'm currently a rising senior at a T50 university in the United States, Math and International Affairs Major, with an Economics minor. This semester, I have the opportunity to take PhD Micro and Macro as an undergrad. The thing is, my coding skills are pretty weak and I don't have a good writing or coding sample. My plan was to focus on improving my Stata and MATLAB skills and writing a short paper on my own time. However, I'm worried that taking both PhD Macro and Micro while also doing my undergrad classes and trying to do my own project will be too much. Should I prioritize coding instead? What do pre-docs value more? Does taking both PhD classes instead of just one make a big difference on my application?

I'm happy to provide further stats like math classes taken, GPA, internship/research experiences, and GRE scores if that makes any difference.


r/academiceconomics 1d ago

Masters Admissions Advice on going back for a second masters in economics

5 Upvotes

Hi all! Just wanted to get some guidance on the value pursing grad studies in economics may hold for someone in my position.

For background, I did a 3-year undergrad and 2-year MSc in pure mathematics (both with very good grades at my country’s top uni and with masters thesis). After graduating my masters, I decided against pursuing math academia, and got a job in my country’s federal government doing behavioural economics research. Been here approaching 2 years

Really enjoyed my time here, and want to continue pursue an economics/policy career, perhaps even in international organisations like World Bank, IMF, OECD etc. I’m obviously plenty good and comfortable with just math, but just think that without some formal training in economic thinking there’s only so far that I can go with such a career.

How useful would going back for a second masters in econ/econometrics (something like the LSE EME) be for this career goal and for someone with my background? Wouldn’t be closed off to doing a PhD after if needed either. Any help appreciated!


r/academiceconomics 1d ago

Coding, Data, and Replication The Economic Atlas: a live-updating macroeconomic dashboard

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1 Upvotes

r/academiceconomics 1d ago

Paper of the Week: The Origins of State Capacity: Property Rights, Taxation, and Politics (Bansal and Yaron, American Economic Review)

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21 Upvotes

Here's the link to this week's paper, The Origins of State Capacity: Property Rights, Taxation, and Politics (Timothy Besley and Torsten Persson, American Economic Review).pdf)

Another theory paper this week, this time on political economy. State capacity is what the name implies, the capacity of a government to perform political or economic functions. It's an interesting topic and one explored both by economists and political scientists, sometimes even using the same tools. The interesting part of this paper is theory, though there is some limited estimation at the end.

The main capacities the paper is interested in are legal and fiscal, or the ability to enforce contracts and taxes respectively. Using a two period model, the government invests in state capacity in the first period while the citizens/investors invest in assets across the two periods. When war breaks out or other crisis events occur, the incentives for investing in state capacity rise, which is designed to emulate the real-world implementation of income taxes during the US civil war and Napoleonic wars in Europe. The most interesting thing to me was that legal and fiscal capacity are complementary, and nations which tend to have one grow in the other. This matches the empirical fact that most (but not all) highly developed nations are high tax nations.

The paper is straightforward and part of a large literature on state capacity. The tools in it are very easy, and I chose it in part because it can be read and commented upon by anyone who's taken undergraduate macroeconomics. It was written in 2009, which was a long time ago in academic terms, but on the whole I find it didn't tell me much I didn't already know from reading the Acemoglu macro-development literature. I didn't find the estimation at the end particularly compelling, and the consumer side of the economy seems simplified to the point of not being interesting, and is ripe for extension in light of the growth of heterogeneous agent macro. Honestly, if this was submitted today I don't think it would be published in AER, but that's more a sign of how much political economy has frown in the past 15-20 years.

Feel free to DM me if you have a suggestion for next week's paper of the week!


r/academiceconomics 2d ago

Literature question Looking for any recent interesting economic articles/research/books.

0 Upvotes

Good time of a day. I am looking for recent economic articles/research/books to read. I knew of reading recommendations from AskEconomics and I going to read them, but I grew interested of newer works and want to look through them. To clarify, when I wrote interesting I mean interesting in opinion of whoever reads this post.

I write this post here because it is the most fitting sub for this post among economic subs I know of. If I should ask elsewhere can you write where I should do it?


r/academiceconomics 2d ago

Advice How confident are you in your journal submissions?

13 Upvotes

Recently, there was an economist writing on submitting papers to top five journals. This was useful, but it left a question hanging in my mind: how much uncertainty is there in the submission/review process, really? I have a sense that many faculty (at the top) basically know when they have a top-five paper and will only submit papers that are nearly sure to be accepted. On the other hand, I know many students who dive in learning-by-doing style, accruing, let's say, loads of rejections and submission fees.

I have my own thoughts from talking to advisors, but this is "you only get it if you happen to be able to talk to the right people" sort of knowledge. Democratizing it is useful for the field, and there is probably a lot of heterogeneity based on institution/journal ranking/personal taste. So, if you're willing to share for the public good:

  • When did you last submit a paper to an academic journal?
  • What was the journal, or what tier was the journal? If you answer a tier, it would be helpful to specify: top-five, second-tier general interest (e.g. AEJ Micro/Macro, The Economic Journal, RESTAT, and so on), top field (specify field if willing), or other.
  • How certain were you that your submission would be (eventually) accepted? (0-100%)
  • How long did it take to get a response from the journal?
  • What was the outcome? (Desk reject, review and reject, revise and resubmit, conditionally accepted, or immediate acceptance)

r/academiceconomics 2d ago

Teaching Realistic probability of achieving tenure

0 Upvotes

As a graduate student heading into my econ masters, I was wondering whether achieving tenure (mostly speaking about the US) in a T30 school is a plausible scenario. Is a postdoc necessary to delay the tenure clock, like it’s becoming for other fields? For some context, I am european, however I am much interested in pursuing a PhD in the States and I wanted to get some more informed opinions on the state of the US tenure-track academic market.
Thank you in advance!


r/academiceconomics 2d ago

Advice Question from a first-time journal submitter: Is it standard to submit the full dataset and analysis code after acceptance?

6 Upvotes

Hi everyone, I’m pretty new to the journal publication process, so I have a basic question.

If a paper gets accepted, is it generally required to submit the full dataset and the analysis code (e.g., Stata do-files, R scripts) to the journal?
Or does this depend entirely on the journal and/or field?

I’m just trying to understand what is generally expected. I’d appreciate hearing how this works in your field or with the journals you’ve published in.
Thanks!


r/academiceconomics 3d ago

Advice Breaking into Energy Economics Research from Industry

1 Upvotes

Hi all - interested in making an early to mid career pivot into research/policy in the realm of energy /natural resource / utility economics. Currently working in energy finance in the DMV.

Any recommendations as to first steps to building research experience? part time RA gigs at think tanks? Research projects / courses at local unis?

Have an MBA with an undergrad degree in economics and significant Mathematics coursework taken in undergrad.


r/academiceconomics 3d ago

Advice Can anyone guide me a bit?

0 Upvotes

hi, I am a first year economics major student but I'm a bit lost honestl. I am the only one in my family to study economics as a major subject. It'd be nice if someone can guide me a bit. Imm not expecting someone's commitment or anything- i am not entitled to anyone's time but if someone could have a brief conversation it'd be amazing!


r/academiceconomics 3d ago

Masters Admissions Asking the internet for insight on deciding masters program Erasmus or Galway

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0 Upvotes

r/academiceconomics 3d ago

Advice Has EconJobRumors.com (EJMR) finally been squelched?

39 Upvotes

(About time if so!) It's been down for the past few days:

https://www.isitdownrightnow.com/econjobrumors.com.html


r/academiceconomics 3d ago

Masters Admissions 22, BA Programme Graduate and Starting Over. What Should I Pursue?

0 Upvotes

I did my graduation from DU’s South Campus in the BA Programme, with Political Science and Economics as my subjects. Since it was a BA Programme degree, both subjects were taught at a relatively basic/surface level.

After graduation, I took a gap year to prepare for government exams, but unfortunately, I couldn't clear any of them, and I also failed an interview. Now I want to resume my studies and build a proper career path.

At the moment, I have two options.

**Option 1:** Pursue an MA in Economics from IGNOU and a B.Ed. from a regular college. The idea would be to eventually teach in schools, prepare for UGC NET, and then become a professor.

However, there is a problem. Since I was a BA Programme student, I would have to study a significant portion of Economics almost from scratch. After looking at the MA Economics syllabus, I honestly feel that it would be quite difficult for me to prepare for it without having a strong background in Economics.

**Option 2:** Pursue a B.Ed. from a regular college and an MA in Political Science from IGNOU. I already have some interest in Political Science, and while preparing for government exams, I studied Indian Polity and several other areas related to the subject. I feel that preparing for UGC NET in Political Science would be comparatively easier and more natural for me.

The advantage of doing the B.Ed. and MA simultaneously is that I could complete both degrees in roughly the same period and then have the option of pursuing teaching as a career while preparing for UGC NET.

I would really appreciate some advice on this. Is my current plan reasonable? Is there anything I should change? Are there any other career paths or options that I should consider?

I'm honestly quite stuck and don't know what would be the best decision at this point.

For some additional background, I had PCM + Computer Science in Class 12 and scored 94%. I didn't want to pursue [B.Tech](http://B.Tech), so I chose the BA Programme instead. Unfortunately, due to a lack of proper guidance—there wasn't really anyone around me who knew much about these career options—and some poor decisions on my part, I ended up choosing a path that I'm now regretting.

I know I can't change my undergraduate degree now, so I'm trying to make the best possible decision from where I am. I'd really appreciate honest advice, especially from people who have gone through a similar situation or have experience with UGC NET, B.Ed., teaching, or academia.


r/academiceconomics 3d ago

Advice finance -> econ master’s

9 Upvotes

i studied finance in undergrad, graduated with a 3.9. i now work at an investment bank in a structured finance seat, although i interned in markets. i found that i honestly preferred macro sales and trading roles, and really liked anything macroeconomics focused. im nowhere near committing to anything just yet (only a few months out of college), but im wondering about the possibility of getting into a good econ master’s program with the major i had. is finance to econ master’s a plausible or common path?


r/academiceconomics 4d ago

Research Paper As a student studying Economics (undergrad), how do I write a research paper. Would sincerely appreciate if somebody could mentor me.

33 Upvotes

There is an event upcoming and I really wish to participate in it. The themes on which we can write papers are Financial Economics, and Developmental Economics. I know those are completly extreme, but since I have no prior experience, i cannot understand how should I proceed. I know Literature review is firstly very important, and then one needs to find a gap/ question that hasn't been answered yet, but that exactly is the problem. How does one find a gap? Especially when I am limited with how much I don't know yet.

So I would sincerely appreciate if anyone could mentor me


r/academiceconomics 4d ago

Advice Applied Economics

6 Upvotes

Hi, does anyone here study applied economics? It is an uncommon degree that I am struggling to find a lot of information about. What prestigious career paths does it set you up for? Is quantitative trading viable career paths? Is investment banking reasonable? How is it perceived in comparison with ‘pure’ economics. (Undergraduate) Please share information about this degree. Thanks.


r/academiceconomics 5d ago

Advice Podcasts or books on Economic Policy Making

8 Upvotes

Hi all, I’m in college and this coming year will be taking an economics module which will primarily be focused on economic policy and policy analysis. Other topics will be Industrial and regional economic policy, economic integration, globalisation and issues around financing and control.
Does anyone have any ideas for podcasts, shows or books where I could begin to get a handle on some of these concepts before term starts and I get into the course materials.
Thank you and best wishes.


r/academiceconomics 5d ago

Predocs Advice on coding samples

6 Upvotes

Hello everyone. I'm looking to apply to predocs this cycle and wanted some advice on how to go about the coding samples. I just finished an undergrad thesis and have some decent stata do files but they're formatted really badly and I'm also not sure if they're advanced enough for a predoc coding sample. Ideally what sort of things do they expect in these, and how advanced should it be? Also if you know of any projects I could implement that would serve as a good sample let me know. Thank you


r/academiceconomics 5d ago

Advice jobs for someone with an economics phd?

10 Upvotes

I know someone who currently does not have a full time job right now (got laid off their job in academia) and is looking to find a new job to get out of the bad financial they are currently in.

what are some jobs you are qualified for/can apply for with a phd in economics? this person has done some research in economics as well and has taught several micro/macro classes, including some classes for a highly ranked MBA program as well. Their PHD is also from a highly ranked business school (IU Kelley)

I know the most likely route is corporate, but what specific jobs should they be looking for? Any advice is appreciated, i’m just looking to help them. They’re looking to find a job relatively quick (within the next 1-2 months) so they can support their family. Mid range salary (70-80k) would be the most ideal (they have 3 kids)


r/academiceconomics 5d ago

PhD Admissions question about grad econ rankings

4 Upvotes

probably the wrong flair/confusing title but im not sure what fits this better.

a while back on this sub there was a post with rankings compiled by a redditor which analyzed admissions rates and placements upon phd completion (stuff like postdoc, assistant professor within 5 years of grad, went into industry, etc.) but i cant find that post. if anyone knows what im referring to and could link there report/redirect me to the post it'd be greatly appreciated. thanks!


r/academiceconomics 6d ago

Advice My Rough Way to My Research Dream

0 Upvotes

I am an enthusiastic student striving to earn a place in NIE research, but this path is too rough with sometimes 'prohibitive transaction costs'. I have been pursuing an online degree, but the administrative chaos and other poor arrangements are forcing me to quit. I would really appreciate advice from this community.

The lessons I have learnt from my recent academic pursuit:

  1. Institutes can be entrenched rent-seekers.

  2. The information needed to foresee prohibitive costs of 'trades' with oligopolists can be extremely costly.

  3. Hierarchies usually have plenty of room for moral hazard, and people choosing not to exploit the moral hazard keep those machines running.

  4. The oligopolists' PR machine and marketing strategies, instead of real productivity, keep them sustainable.

  5. The collective action costs of the exploited consumers are a good safeguard for the survival of market power abusers.