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This study examines publications in three leading general economics journals from the 1960s through the 2020s, considering levels and trends in the demographics of authors, methodologies of the studies, and patterns of co-authorship. The average age of authors has increased nearly steadily;...
Persistent link: https://www.econbiz.de/10015409762
Presenting data on all full-length articles published in the three top general economics journals for one year in each of the 1960s through 2010s, I analyze how patterns of co-authorship, age structure and methodology have changed, and what the possible causes of these changes may have been. The...
Persistent link: https://www.econbiz.de/10012460025
We show how to recover the money-metric utility function, which converts income at one point in time into equivalent income at another point in time, using repeated cross-sectional household data. Our procedure allows unrestricted preferences, but requires that households' preferences be the...
Persistent link: https://www.econbiz.de/10013435111
traditional Keynesians, who assumed away the micro-dimension of the problem, nor by the new classical economists who assumed away …
Persistent link: https://www.econbiz.de/10012476909
This paper revisits and proposes a resolution to an empirical and theoretical controversy between Keynes and the "classics" (or monetarists). The controversy dates to Keynes's General Theory (1936)--most famously formalized in Hicks's (1937) classic Econometrica article, in which the IS-LM model...
Persistent link: https://www.econbiz.de/10012616606
As technology platforms have created new markets and new ways of acquiring information, economists have come to play an … past five years, hundreds of PhD economists have accepted positions in the technology sector. In this paper, we explore the … skills that PhD economists apply in tech companies, the companies that hire them, the types of problems that economists are …
Persistent link: https://www.econbiz.de/10012480716
research findings of central bank researchers and academic economists regarding the macroeconomic effects of quantitative …
Persistent link: https://www.econbiz.de/10012481153
Criticism of the Target system by a group of central European scholars has become a widespread argument against the policies of the European Central Bank and even the integrity of the monetary union, and even standard fare in the media and in the political debate in Germany. Most academics and...
Persistent link: https://www.econbiz.de/10012481480
A number of studies - including our own - find a mid-life dip in well-being. We review a psychology literature that claims that the evidence of a U-shape is "overblown" and if there is such a decline it is "trivial". We find remarkably strong and consistent evidence across countries and US...
Persistent link: https://www.econbiz.de/10012482068
Milton Friedman's famous 1953 essay, "The case for flexible exchange rates," deals entirely with advanced nations. An interesting question is what Friedman thought about exchange rate and monetary regimes in emerging economies. In this paper I investigate how his views on the subject evolved...
Persistent link: https://www.econbiz.de/10012482195