Document de travail LEST. 20 p.JEL classification : J31, C35In this paper, we address the question of destination of post-doctorates for young French PhD graduated in exact sciences in 1996. The creation of post-doctoral program was firstly designated to PhD willing to embark on a public career. However, an important part of post-doctorates rather get to the private sector, particularly outside research positions. The question that occurs is that of the value of post-doctoral experience. We propose here to estimate earnings of young doctorates in private jobs had they participated to a post-doctoral program. To control for selection bias arising in the case where unobservable elements are correlated between participation and earnings, we es...