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really an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate … places. Nasar's goal is to show how economists work, but also to show that they are people too--with more than enough warts … economists might be interested in their history at all …
Persistent link: https://www.econbiz.de/10013118245
abandonment of economic theory in applied work in the “experimentalist paradigm.” We document the changes implied by the changing …-55, 1974-75 and 2007-08. We also show that, despite the partial abandonment of theory by applied microeconomists, the labor … market for economists still pays a wage premium to theorists …
Persistent link: https://www.econbiz.de/10012992138
The debate between quot;structuralquot; and quot;reduced-formquot; approaches has generated substantial controversy in applied economics. This article reviews a recent literature in public economics that combines the advantages of reduced-form strategies -- transparent and credible...
Persistent link: https://www.econbiz.de/10012769875
This study presents an overview of modern field experiments and their usage in economics. Our discussion focuses on three distinct periods of field experimentation that have influenced the economics literature. The first might well be thought of as the dawn of quot;fieldquot; experimentation:...
Persistent link: https://www.econbiz.de/10012758349
The Austrian theory of the "marginal use" is restated and extended. It is found that the Austrian concept of marginal …
Persistent link: https://www.econbiz.de/10013310605
We develop a theory of the market for individual reputation, an indicator of regard by one's peers and others. The … reputation? Using evidence for academic economists, we find that, conditional on its impact, the quantity of output has no or …
Persistent link: https://www.econbiz.de/10013153983
Alphabetical name order is the norm for joint publications in economics. However, alphabetical order confers greater benefits on the first author. In a two-author model, we introduce and study certified random order: the uniform randomization of names made universally known by a commonly...
Persistent link: https://www.econbiz.de/10012983662
The past half-century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's typical mission was to “explain” economic variables like wages or GDP growth. Applied...
Persistent link: https://www.econbiz.de/10012963183
in academic economics departments. Analyzing the job histories of tenure-track economists hired by the top 35 U … tenure. A survey of the perceptions of young economists supports the formal statistical analysis. Pursuit of T5 publications … has become the obsession of the next generation of economists. However, the T5 screen is far from reliable. A substantial …
Persistent link: https://www.econbiz.de/10012910310
Written in celebration of the upcoming 100th anniversary of the American Economic Review (February 2011), this paper recounts the history of the journal. The recounting has an analytic core that sees the American Economic Association as an organization supplying goods and services to its...
Persistent link: https://www.econbiz.de/10013139146