Since 2010, a growing proportion of doctoral graduates have been taking jobs outside academia. This column explores where elite early-career economists work, using a dataset covering all PhD graduates from US economics programmes. The findings revealt that recent elite PhD graduates are more likely to leave academia, to take jobs outside the US, and to be absorbed by a tech sector that draws broadly across gender, ethnicity, and programme prestige. However, East Asian candidates continue to face a substantial penalty in access to top academic positions. Within academia, elite advisor networks continue to confer advantages, reinforcing stratification at the top.



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