Economist c But if it's not significantly worse, why not simply use this single authored paper as a JMP? Hiring committees will not bother reading this other single authored paper anyway, and will simply infer from the fact that it was not used as JMP that it was significantly worse.
The other paper signals he can. Economist 29ff this is all just bs. Wasn't Arun C's jmp co-authored with another student? And the "HBS twins" a couple of years ago. Economist 7b40 If you present a coauthored paper and stumble, everyone will think your coauthor has carried you.
If you present a solo authored paper and stumble, everyone will think you are rattled. Economist 76db this is all just bs. I know of various people with coauthored JMPs who landed in the range. Even if, in the end, students stick with their original choice, they will have exposed themselves to a worldwide audience. They have a better idea of what a job in a central bank, or a university, or the industry could look like — and they greatly expanded their network in the process.
In other words, there might be an opportunity out there that could surprise you, as a student, in terms of how enthusiastic a particular group is to take you on board, given research topic synergies. You might have the opportunity to work with unique data. I believe that, beyond type and prestige of the institution, the match between the candidate and the job is of ultimate importance.
MZ: Apart from the job market paper itself, how important are research visits abroad and conference presentations for a successful placement? How can a supervisor help with planning a long-term strategy? AJM: Of course, the job market paper and the other papers are very important. However, students also benefit from some prior network building. I encourage all of my students to spend a semester at a university abroad, ideally at a top school in the United States.
As a PhD candidate, you not only get to meet their faculty, but also their, usually very smart and ambitious, doctoral candidates.
It gives a glimpse of the kind of international competition the candidate will soon be facing. In addition, there might be additional advantages. It is possible that, while visiting, a faculty member of the host institution gets excited about writing a co-authored paper. This opportunity will also come in handy during the job search process. Students might get letters from very well-known professors, even somebody who might have won or is about to win the Nobel Prize.
This is not a purely hypothetical option; it was the case for a recent TI alumnus who got placed extremely well as a result! Such letter is obviously a positive signal in itself, but at the same time it is an independent signal that comes from outside the Tinbergen Institute and therefore carries lots more weight with hiring committees.
MZ: How do you know a student is ready for being on the market? What are the signals that one should postpone the market for one year?
AJM: I feel the three years deadline is very important and students should do their utmost to finish on time. Extending by one year sets you back relative to the pool of candidates who did finish on time, and therefore sends a bad signal with respect to research efficiency. However, students can be unlucky.
A dissertation is fundamentally different from solving homework. With homework, you know there is a solution. Even if you are creative, identify a first-order question, and use all the right tools, the results might not be there, or not convincing enough for a solid paper. If the student and the supervisor actively write papers, submit them to conferences, but fail to draw enough interest, then one can consider to postpone the market as an emergency measure and I do emphasize the emergency part.
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As a PhD candidate, you not only get to meet their faculty, but also their, usually very smart and ambitious, doctoral candidates. It is also important that the supervisor protects students and encourages them to allocate time to writing and polishing the job market paper, rather than taking on additional co-authored projects — especially in the final year. MZ: How important is it for students to have a single-authored paper by the time they apply for jobs?
AJM: One thing is that it is important for PhD students to talk about the job market very early on with their supervisor, but also with other PhDs and alumni.