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Submitted by H. Edwards
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When it comes to salary, does having a PhD matter? Based on the INOMICS Salary Report data of almost 2,000 economists, yes it does: Econ PhDs in the USA earn on average 86% more than those with a master's degree.
The INOMICS Salary Report provides a key understanding of the average salary levels for economists in both academia and the private sector. The findings should be helpful to give a general understanding for those considering an academic or private sector career in economics.
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