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Promotions and the Peter Principle

voxeu.org This column examines data on worker- and manager-level performance for almost 40,000 sales workers across 131 firms and finds evidence that firms systematically promote the best salespeople, even though these workers end up becom…

Publishing and promotion in economics: The tyranny of the Top Five

voxeu.org It raises the entry costs for new ideas and persons outside the orbits of the journals and their editors. An over-emphasis on Top Five publications perversely incentivises scholars to pursue follow-up and replication work at the …

Do Academic Journals Favor Researchers from Their Own Institutions?

In a recent study, we find that two international relations (IR) journals favor articles written by authors who share the journal’s institutional affiliation. We term this phenomenon “academic in-group bias.” In academia, citations are con…

The Use of Structural Models in Econometrics

Further, without the ability to simulate counterfactuals and more generally to make claims of external validity, the role of empirical analysis is limited to analyzing historical past events without being able to use this accumulated knowl…

JPE SPECIAL 125TH ANNIVERSARY ISSUE: THE PAST, PRESENT, AND FUTURE OF ECONOMICS

Nacy L. Stokey There is some truth in the old adage that in economics the questions never change, only the answers. Are the formal models of modern economics only an embellishment of older ideas? They are more than that, for two reasons. F…

What Can We Learn from Experiments? Understanding the Threats to the Scalability of Experimental Results

Omar Al-Ubaydli & John A. List & Dana L. Suskind, 2017. "What Can We Learn from Experiments? Understanding the Threats to the Scalability of Experimental Results," American Economic Review, American Economic Association, vol. 107(5), pages…

The science that’s never been cited

Many scientists harbour false impressions about uncited research - both its extent and its impact on scholarship. the database doesn't track many regional-language journals that, if taken into consideration, would narrow the gap rates of u…

Econometric Causality

Heckman, James J., Econometric Causality (April 2008). NBER Working Paper No. w13934. Available at SSRN: https://ssrn.com/abstract=1121726 The concept of causality...is based on the notion of controlled variation - variation in treatment h…

Gary Becker: Model Economic Scientist

Heckman, James J. Gary Becker: Model Economic Scientist American Economic Review 105 5 74-79 2015 10.1257/aer.p20151106 http://www.aeaweb.org/articles?id=10.1257/aer.p20151106 Friedman consistently applied price theory and Marshallian part…