Is pursuing a PhD a worthwhile financial investment? In new research, Dwayne Benjamin, Boriana Miloucheva, and Natalia Vigezzi compare earnings of PhD graduates to other degree holders, highlighting that the high opportunity costs of pursuing a PhD aren’t always worth it.
As a student, Harvard Business School professor Vincent Pons decided to become an economist after a project in Morocco with Esther Duflo. The co-recipient...