Episode 769: Speed Dating For Economists : Planet

But I tell you, they serve a tray of bad shellfish in econometrics-Desk, and all of a sudden, you could lose the whole of the next generation of economists. I mean, you have spent some six years of preparation for this weekend and then anything can happen. We could say at the end, well, I think you are going to a better school than in the United States or to a better school than we are. SMITH: traffic jams. The economist job market made it to be so easy for jobs, who would go were a lot of people apply to places they were not interested, you never like Julian. SHU: Because sometimes, it is just you, not find out that you do not want this work or want this job, that you, because you are simply not a good fit for each other. MA: Special thanks to Nathan Marwell (ph), Brian Asquith (ph), Claudia Goldin (ph) and John Siegfried (ph). We called a lot of people try to see in the room behind the closed door, how it actually went. Today on the show we will see how it works for you. (SOUNDBITE OF MUSIC) SMITH: When economists decided to create a job market for themselves, they have thought of everything. It is terribly cold. SHU: (Laughter). MA: We jaywalk across a couple of lanes on the bridge, all is quiet, to Plan. HOOVER: Sleep. And No. MA: Hoover ' s teachings on the search for someone like Julian, someone who can work with big data, but also the people, the skills of the students. You leave the interview, and everyone says, oh, that was bad, this is good, because you have not agreed that this was something you want to do. Economists have noticed that many really good candidates such as Julian were not always offered, even though you aced your interviews. Interviews are squeezed back-to-back, often carried out in the hotel room. Sometimes, the respondents have to run to your next appointment. MA: Just in case this doesn't work, Roth also contributed to the development of this type of safety net for candidates who do not get any job offers. But remember that an employer has a special place in your heart, a place you wouldn't mind, if you are not in Harvard.

Episode 769: Speed Dating For Economists WBAA

SMITH: so, Julian, out of necessity, had to go back to the old fashioned, less efficient way to get a job. But, you know, here in the labour market, he is in the same type of hotel, Harvard and mit, and Princeton. JOHN CAWLEY: So Philadelphia, four or five years, got hit with a big snow storm, and the people just could not get. To create at some point in time, the economy decided it was a job market unlike any other. SMITH: And if Julian gets from the University of Oklahoma interview at 9:50 PM, we want to ask him - how would it go, your first big interview. MA: Any University or a company that wants to be a professional economist here to Chicago for the weekend. And the reason why we loved it, is that the search for the perfect job - we all know - waste a lot of time and a lot of money. You know, perhaps the last Economics lesson for Julian, in his new career, which, you know, even the most efficiently designed market, has small cracks.

Episode 769: Speed Dating For Economists Scribd

They set up shop in a hotel room. Every young economist who wants to interview for your first job in the same city at the same time, ready for a make-or-break weekend of intense. SMITH: Oh, not just a market, a hyper-efficient, multi-bidder, optimized sorting system effortly (ph) a balance between the interests of management and working, tested by game theorists, tweaked by a Nobel prize winner. SMITH: Yes, the universities can gamble on an unconventional candidate, you have not seen may before. SMITH: Yes, and maybe you don't ask the hottest person in the bar, because they assume that they are out of their League. SMITH: But I must say, the good thing about the schedule that I noticed is that there is no time to play the bad moments. These are the make-or-break career moments, and you really don't want someone with a microphone inside. We get in the hotel, push through the revolving doors about five minutes late, and he shoots directly into the Elevator. MA: He is 27. He is confident that. But he also says he has those anxiety dreams about the interviews that are yet to come. And in fact, when we hung out at the conference, because, like you, come on, we're not going to follow Julian all day long, everyone has made it through this process at some point. SMITH: So we can get an idea of what will look the interview, he shows us in his hotel room.