An Academic Career in Economics
There is an international job market for economists, with one working language (English) and a commonly recognized ranking for publications. The openness of research institutions in Economics tends to increase with respect to the degree of research orientation and quality standards. While open, the market is segmented: starting an international career in economics, indeed, relates heavily to an individual's research potential and the reputation of the institution where the student earned the Ph.D. from.
Requirements depend on several factors such as the kind of job (research/teaching-oriented) and country-specific features (for details on legal and institutional requirements see the country reports ). Even if not always compulsory, holding a Ph.D. is strongly recommended.
While some countries, such as the USA and the UK, display a traditional division between research and teaching career profiles, most European countries do not.
Postdoctoral fellowships are becoming increasingly important, especially in Europe, often as a substitute for assistant professorships as a first stage in the academic carrier.
There are more funding options available to young researches from institutions or networks of institutions than from individually-raised funding (e.g. research grants).
Although salary competition is leading to a substantial convergence in top universities, public universities often offer a standardized salary scheme that applies to all fields in a country. Sometimes this implies that economists are underpaid relatively to the private sector.
For information and discussion about salaries in Economics, see this bluewiki page .
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Associations may be divided into two broad categories. Some are established on a geographical basis, like the European Economic Association (EEA) or the Association d'Économétrie Appliquée (AEA). Others are organised around a specific field within the discipline, like the European Association of Labor Economists (EALE).
For a complete list see the information collected by RePEc (available at the webpage of the Economics Departments, Institutes and Research Centers in the World )
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Special thanks to:
MWP, Academic Practice Group, Economics, 2007-2008
Coviello Decio, EUI Researcher, Department of Economics