We study the research productivity of new graduates of top Ph.D. programs in economics. We find that class rank is as important as departmental rank in predicting future research productivity. For example the best graduate from UIUC or Toronto in a given year will have roughly the same number of...

We study the research productivity of new graduates of top Ph.D. programs in economics. We find that class rank is as important as departmental rank as predictors of future research productivity. For example the best graduate from UIUC or Toronto in a given year will have roughly the same number...

In his History of Economic Analysis, Schumpeter stated that although the subject of his book is a history of economic analysis, "analytic effort is of necessity preceded by a preanalytic cognitive act that supplies the raw material for the analytic effort. In this book, this preanalytic...

This article examines the intellectual influences that economists exerted on Nicholas Georgescu Roegen in his formative and mature years. While these include Malthus, Marshall, Pareto and Schumpeter, attention is focused on Marx and Gossen. Karl Marx is the economist whom Georgescu Roegen cited...

Fifty years ago the JPE published Simon Rottenberg's "The Baseball Players' Labor Market", the first professional journal article in sports economics. In this retrospective we review some of his insights and analyses with regard to competitive balance, constraints on payroll and freedoms to...

This article provides an overview of the main events in the life of John Harsanyi and a summary of his research on decision-theoretic foundations for utilitarianism, cooperative bargaining theory, games of incomplete information, and equilibrium selection in noncooperative games.

The elapsed time taken to earn a Ph.D. in economics is analyzed with data from 618 1996-97 Ph.D.s. A duration model indicates that students supported by fellowships, and those holding a prior masters degree finish faster. Americans, those who take jobs before completing their degree, and those...

This paper describes the characteristics and labor market experiences of new agricultural and natural resource (ANR) economics Ph.D.s, based on surveys of graduates in 1996-97 and 2001-02. An average of 185 new Ph.D.s in ANR economics were awarded in each of these years. Among these, an average...

We report early career outcomes of economics Ph.D.s by tracking the U.S. class of 1996-97. We examine employment outcomes, work activities, salaries, and graduates' attitudes toward their jobs. By 2003, all of the respondents were employed, although almost half changed employers during the six...