American Economic Association Universal Academic Questionnaire Summary Statistics by Charles E. Scott and John J. Siegfried. Published in volume 96, issue 2, pages 527-530 of American Economic Review, May 2006

Fifty years ago this Journal published Simon Rottenberg’s “The Baseball Players’ Labor Market,” the first professional journal article in sports economics. In this retrospective we review some of his insights and analyses with regard to competitive balance, constraints on payroll and freedoms to contract, revenue sharing, territorial rights, and the supply of talent. We also note subsequent industry developments Rottenberg could not have anticipated and identify where he was ahead of his time.

Survey responses from Ph.D. graduates and thesis advisors are used to estimate the time required for the class of 2001-02 to earn a degree. Median time to earn the Ph.D. is 5.5 years, up from 5.25 years for the class of 1996-97. The time required to write a dissertation is a little longer than the time required to complete comprehensive examinations and coursework. Graduates who had their first child while in a Ph.D. program are estimated to finish almost one year later than others. Those with predominantly fellowship support finished about six months faster than those funded predominantly by a teaching assistantship, as did those whose dissertation was a set of essays rather than a single topic treatise. Americans who did their undergraduate work at either a Top-50 U.S. liberal arts or other U.S. college or university that does not offer a Ph.D. in economics finished faster than their counterparts who earned a bachelor’s degree from a U.S. university that offers a Ph.D. in economics. International students from predominantly English speaking countries finished faster than other students studying in the U.S. on temporary visas.

Information about 586 individuals who matriculated into 27 economics Ph.D. programs in Fall 2002 is used to estimate first and second year attrition rates. After two years, 26.5 percent of the initial cohort had left, equally divided between the first and second years. Attrition varies widely across individual programs. It is lower among the most highly rated 15 programs, for students with higher verbal and quantitative GRE scores, and for those on a research assistantship. Poor academic performance is the most cited reason for withdrawal. About 15 percent transfer to other economics programs because they are dissatisfied with some aspect of the particular program where they first enrolled. (This abstract was borrowed from another version of this item.)

Matriculation in U.S. Economics Ph.D. Programs: How Many Accepted Americans Do Not Enroll? by T. Aldrich Finegan, Wendy A. Stock and John J. Siegfried. Published in volume 96, issue 2, pages 453-457 of American Economic Review, May 2006