Now, with the release of the INOMICS Salary Report – based on the salary data of almost 2,000 economists – any uncertainty can be laid to rest and the question answered: in financial terms, yes, having a PhD does matter. In fact, to say that it matters is something of an understatement – such is its influence on an economist’s future earnings.

Looking for a great Master's program in Economics?

INOMICS and our parent company 11 Academia Networks are Amazon Associates, meaning we are a part of their affiliate program. This article contains affiliate links, which means we may earn money through any qualifying purchases made after you click through. However, this is not a sponsored post.

On a more encouraging note, Alston observed an opening up of the conversation on mental health, a much overdue de-stigmatisation, which has facilitated the gradual emergence of initiatives aimed to mitigate the problem, found in places as far-flung as New York and Mangalore. Although a welcome sign, it’s clear much more needs to be done – too many young people are falling through the cracks.