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Fernández-Villaverde, Jesús; Ohanian, Lee E.; Yao, Wen - 2023

This paper studies China’s four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we argue that China’s growth pattern is very similar to that of several other East Asia economies that initially grew very quickly. Second, we show that a minimalist...

Persistent link: https://www.econbiz.de/10014347723

The Neoclassical Model and the Welfare Costs of Selection

Collard, Fabrice; Licandro, Omar - 2021

This paper embeds firm dynamics into the Neoclassical model and provides a simple framework to solve for the transitional dynamics of economies moving towards more selection. As in the Neoclassical model, markets are perfectly competitive, there is only one good and two production factors...

Persistent link: https://www.econbiz.de/10013215673

Tasks, Technology, and Factor Prices in the Neoclassical Production Sector

Irmen, Andreas - 2020

This paper introduces tasks into the neoclassical production sector. Competitive firms choose the profit-maximizing amounts of factor-specific tasks that determine their factor demands and output supplies. We show that the effect of factor-augmenting technical change on relative and absolute...

Persistent link: https://www.econbiz.de/10012830998

Superstar Economists : Coauthorship Networks and Research Output

Hsieh, Chih-Sheng - 2019

possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in …

Persistent link: https://www.econbiz.de/10012892043

Alphabetized Co-Authorship in Economics Reconsidered

Wohlrabe, Klaus; Bornmann, Lutz - 2021

In this article, we revisit the analysis of Laband and Tollison (2006) who documented that articles with two authors in alphabetical order are cited much more often than non-alphabetized papers with two authors in the American Economic Review and the American Journal of Agricultural Economics....

Persistent link: https://www.econbiz.de/10013216255

Classifying Top Economists Using Archetypoid Analysis

Gralka, Sabine; Wohlrabe, Klaus - 2021

Updating the study by Seiler and Wohlrabe (2013) we use archetypoid analysis to classify top economists. The approach … from 776 top economists we identify four archetypoids. These types represent solid, low, top and diligent performer. Each …

Persistent link: https://www.econbiz.de/10013217550

What's Worth Knowing? Economists' Opinions About Economics

Falk, Armin; Andre, Peter - 2021

We document economists’ opinions about what is worth knowing and ask (i) which research objectives economic research … economic researchers who publish in English. We report three main findings. First, economists’ opinions are vastly … economics as a field does not appreciate and work on what economists collectively prefer …

Persistent link: https://www.econbiz.de/10013219066

Nobel Students Beget Nobel Professors

Tol, Richard S.J - 2022

It is unclear whether the hierarchy in the economics profession is the result of the agglomeration of excellence or of nepotism. I construct the professor-student network for laureates of and candidates for the Nobel Prize in Economics. I study the effect of proximity to previous Nobelists on...

Persistent link: https://www.econbiz.de/10014079650

Investment Rules and Time Invariance Under Population Growth

Asheim, Geir - 2020

We propose an adaptation of Hartwick's investment rule to models with population growth and show that following Hartwick's rule is equivalent to a time-invariant real per capita net national product. In the so-called DHSS model of capital accumulation and resource depletion the proposed...

Persistent link: https://www.econbiz.de/10012824585

Factor Substitution, Income Distribution, and Growth in a Generalized Neoclassical Model

Irmen, Andreas; Klump, Rainer - 2021

We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the impact of factor substitution and income distribution...

Persistent link: https://www.econbiz.de/10013316692

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