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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 … and foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert …
Persistent link: https://www.econbiz.de/10012461050
The analysis of historical natural experiments has profoundly impacted economics research across fields. We trace the …
Persistent link: https://www.econbiz.de/10012479278
Creation of empirical knowledge in economics has taken a dramatic turn in the past few decades. One feature of the new …
Persistent link: https://www.econbiz.de/10012479325
This chapter provides a selective review of some contemporary approaches to program evaluation. One motivation for our review is the recent emergence and increasing use of a particular kind of "program" in applied microeconomic research, the so-called Regression Discontinuity (RD) Design of...
Persistent link: https://www.econbiz.de/10012462637
Cognitive Economics is the economics of what is in people's minds. It is a vibrant area of research (much of it within … Behavioral Economics, Labor Economics and the Economics of Education) that brings into play novel types of data--especially novel … Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called "bounded rationality …
Persistent link: https://www.econbiz.de/10012457832
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10012458996
Presenting data on all full-length articles published in the three top general economics journals for one year in each … fewer papers that represent pure theory, regardless of sub-field, somewhat less empirical work based on publicly available …
Persistent link: https://www.econbiz.de/10012460025
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10012460702
economics of virtue ethics. Character traits and personality are not considered immutable in either field. They are shaped by …
Persistent link: https://www.econbiz.de/10014287358
Monetary DSGE models are widely used because they fit the data well and they can be used to address important monetary policy questions. We provide a selective review of these developments. Policy analysis with DSGE models requires using data to assign numerical values to model parameters. The...
Persistent link: https://www.econbiz.de/10012462581