Some Evidence on the Future of Economics

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Some Evidence on the Future of Economics


Highlights:
 

  • There is evidence of a strong brain drain, at the bachelors level, in our data on the assistant professors now working in elite American departments.
  • The 112 assistant professors in our sample are heavily involved in empirical research. In a sense, this fact runs contrary to longstanding worries expressed by authors such as Morgan. (1988).
  • Macroeconomics, econometrics and labour economics are the dominant fields.
  • Approximately one quarter of the economists are female.

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