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In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert Heilbroner …
Persistent link: https://www.econbiz.de/10013113091
the perspective of the recent evaluation literature in economics and statistics, thus providing a frame of reference for …
Persistent link: https://www.econbiz.de/10013321250
In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of competitors excessive, assuming labor productivity to depend on the number of employees only or to be constant. However, a firm can raise the productivity of its workforce by...
Persistent link: https://www.econbiz.de/10012868832
This paper provides an overview of the relationship between economics and religion. It first considers the effects of …
Persistent link: https://www.econbiz.de/10013144934
Social preference research has received considerable attention among economists in recent years. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially problematic as students...
Persistent link: https://www.econbiz.de/10013130435
Audit studies testing for discrimination have been criticized because applicants from different groups may not appear identical to employers. Correspondence studies address this criticism by using fictitious paper applicants whose qualifications can be made identical across groups. However,...
Persistent link: https://www.econbiz.de/10013136716
Social experiments are powerful sources of information about the effectiveness of interventions. In practice, initial randomization plans are almost always compromised. Multiple hypotheses are frequently tested. "Significant" effects are often reported with p-values that do not account for...
Persistent link: https://www.econbiz.de/10013139709
We use Michigan Panel Study of Income Dynamics data and data from a 2008 telephone survey of adults conducted by Westat for the Princeton Data Improvement Initiative (PDII) to explore the importance and feasibility of adding retrospective questions about actual work experience to cross-sectional...
Persistent link: https://www.econbiz.de/10013121758
The economics 'credibility revolution' has promoted the identification of causal relationships using difference …. Applying multiple methods to 13,440 hypothesis tests reported in 25 top economics journals in 2015, we show that selective …
Persistent link: https://www.econbiz.de/10012911143
Sixty-seven field experiments of discrimination in markets conducted since 2000 across seventeen countries were surveyed. Significant and persistent discrimination was found on all bases in all markets. High levels of discrimination were recorded against ethnic groups, older workers, men...
Persistent link: https://www.econbiz.de/10013044710