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Archive for the ‘Economists’ Category

Academic Jobs and Salaries in Italy

written by Olga Maslovskaya

Many believe that once one decides to follow an academic career path there is no way out. Working at a university is not only said to bring you respect and stability, but also a gradually increasing income. How high the latter might get obviously depends on many factors, such as your qualifications and the institution you graduated from, as well as the country where you are teaching.

Looking at the findings of the INOMICS Job Market Report (which is available for free download here) we clearly see difference in wage levels across academics in different part of the world. This post is dedicated to Italy, the country with one of the lowest reported salaries in Europe (followed only by Spain).

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The Economics of Humor

written by Ursula Moffitt

economics of humor

This April 1st, we figured we’d spare you another bogus announcement or unfortunate attempt at a corporate joke and instead delve into the murky place where economics and humor intersect. If all you’re hoping for is a few economist jokes, (like the classic “Three Economists Go Hunting” jab we highlighted in a previous entry), then don’t worry, you’ll find some of those at the end of the post. Read more


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Life as an Economist in France – Salary and Working Conditions

written by Ursula Moffitt

France salariesWhile it was the UMP, France’s conservative opposition party, that won the majority of votes in Sunday’s first round of town hall elections in France, the far-right Front National also made decisive gains, particularly in areas that used to be bastions of the left wing. The ongoing difficulties in the French economy are often cited as one of the key reasons for this redrawing of the political landscape and the losses for the ruling Socialist Party.

French President Francois Hollande’s strategies for moving the country back towards a growth economy have diverged from his party’s platform, however, being met with varying levels of skepticism. Hollande has promoted both tax and public spending cuts in the name of stimulating job growth. He claims that he will go ahead with these planned economic reforms despite poor results for his party in Sunday’s elections. Read more


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Top European Master’s Programs in Economics

written by Lucía Leguízamo and Ursula Moffitt

european econ

As admissions season for Master’s programs in Europe gets underway, we thought we would help you narrow your search by posting a list of 15 Top Master’s Programs in Economics, grouped by country. Back in January we posted the Top Research Institutions in Europe, based on RePEc rankings. The list below moves beyond rankings to include personally selected institutions from across Europe that offer highly acclaimed Master’s programs in a range of disciplines and specializations.

So as you’re weighing your options and searching for a Master’s program that’s right for you, we hope that a look through this list will help you narrow your choices and jumpstart your application process! Read more


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Women in Economics: Bridging the Gender Gap

written by Ursula Moffitt

male to female econ majors

As of 2011, significantly more women than men completed secondary education in an astounding 32 of the 34 OECD member countries, according to a study by OECD researchers. On average, women accounted for 58% of graduates overall, though the range between countries is quite great. Moreover, the numbers vary tremendously across disciplines, with the areas of health & welfare and arts & humanities still heavily female, while math & science remain overwhelmingly male.

When examining the specific field of economics, women are quite underrepresented, and the gap has widened over the past decades. In the United States, there are nearly 3 male economics majors for every female, which is a significantly greater proportion than 20 years ago, as can be seen in the graph above. Following the research of Dr. Claudia Goldin, the Henry Lee Professor of Economics at Harvard University, it seems that this gender gap has nothing to do with ability and everything to do with confidence, perceptions and career goals. Read more



How to Apply to a Summer School: Selecting, Applying and Getting In

written by Ursula Moffitt


Over the past few weeks we’ve posted lists of Top Summer Schools in Economics and Top Summer Schools in Business and Management. While we are happy to promote the many great programs out there, we also understand that wading through the sea of options might leave you feeling a little overwhelmed.

Perhaps you’re unsure of how to choose a program that’s right for you, or more importantly, how to get into a summer school at all. In order to keep the application process from being another item on your list of winter woes, we’ve put together a basic guide on how to apply for summer schools in either economics and finance or business and management. Read more


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Salaries of Spanish Economists in the Crisis

written by Lucía Leguízamo

updated spanish graph

Despite the uncertain outlook for the labour market in the Iberian region, the percentage of foreigners working or studying in Spanish institutions is higher than in other countries like Germany or United Kingdom (for more information access reports from other regions here). Many of these economists study or work at one of the numerous highly ranked institutions found in Spain, such as the Barcelona Graduate School of Economics or the University of Barcelona. Read more


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Germany vs. Switzerland: Salaries of Economists & Professors in Comparison

written by Olga Maslovskaya

There are many factors affecting one’s decision when choosing a job, and as the INOMICS Economics Job Market Report showed last year, a friendly working environment, flexible working hours and time to conduct one’s own research seem to be the top three priorities worldwide. Salaries are rated fifth, but as we all know, expected remuneration can easily affect one’s career choice.

This week we decided to look at salaries for Economists in Germany and Switzerland, and see if there is a significant difference between the two nations.

germany switzerland wage graph

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What Economists Are REALLY Interested In: Readers’ Favorites 2013

written by Anastasia Sharova

newyearsinberlinAt times it is hard to believe how fast time flies – yet another year is over! 2013 was an exciting year for the INOMICS blog: in 12 months, the number of readers quadrupled, the blog was launched in 3 additional languages (Spanish, Portuguese, Chinese), and we got ever more inspiration to share interesting and useful resources, research and stories with the academic community.

Naturally, some topics proved to be especially popular among our readers: in this post we would like to share with you the most read posts on the INOMICS blog in 2013 and hence evidence of which topics really move economists! Read more


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Top Anti-Procrastination Apps

or How to Fight Procrastination Using Digital Tools

written by Anastasia Sharova

woman with ipadProcrastination is quite a common, some might even say unavoidable “disease” in the academic world. Even though it is perceived by many to be a problem most affecting college students, in reality procrastinators are found at every level of seniority. In fact, many remarkable people were affected by this phenomenon.

One of them, Nobel Prize winner George Akelrof, devoted a significant part of his research to procrastination after recognizing a procrastinator in himself – he realized that it is much more than just a productivity breaker, and can reveal a lot about rational thinking.

Now procrastination is an academic field in itself and the origins of this phenomenon can be easily explained from the scientific point of view. In economics terms, it results from a so-called “hyperbolic discounting”, where short-term considerations of individuals overtake their long-term goals. Psychologists explain it as a gap between the effort, which needs to be undertaken at this very moment, and a reward, which will be obtained in the future only.

Despite the negative connotation, some researchers claim that even though you can not cure procrastination, it can be good for you, and it is just a matter of how you deal with it and what type of procrastinator you are. Some say that you can even procrastinate productively in a structured way. Read more