Scandinavian Working Papers in Economics

SSE/EFI Working Paper Series in Economics and Finance,
Stockholm School of Economics

No 550: The Incentives of Future Economists - Striking a Balance between Tools and Relevance

Anne Boschini (), Matthew Lindquist (), Jan Pettersson () and Jesper Roine ()
Additional contact information
Anne Boschini: Stockholm University, Postal: Stockholm University, Department of Economics, SE-106 91 Stockholm, Sweden
Matthew Lindquist: Stockholm University, Postal: Stockholm University, Department of Economics, SE-106 91 Stockholm, Sweden
Jan Pettersson: Stockholm University, Postal: Stockholm University, Department of Economics, SE-106 91 Stockholm, Sweden
Jesper Roine: Dept. of Economics, Stockholm School of Economics, Postal: Stockholm School of Economics, P.O. Box 6501, SE-113 83 Stockholm, Sweden

Abstract: As a contribution to the recent debate about graduate education in Economics, we have surveyed all students enrolled in the Stockholm Doctoral Program in Economics. We believe that this is a good representative of a strong European graduate program which in the early 1990's adopted a US-style structure. Our results show that students enter with a relatively broad academic background and an interest in social science and real world problems, but find that incentives within the program do not encourage participation in the policy debate. To the extent that graduate school is educating idiots savants it is not because students enter with no interest. Our results are remarkably similar to those found by Colander and Klamer (1987) in their survey of American graduate students in the late 1980's.

Keywords: Economics education; graduate education

JEL-codes: A11; A23

16 pages, January 27, 2004

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