Nobel Students Beget Nobel Professors

Richard Tol

No 9860, CESifo Working Paper Series from CESifo

Abstract: It is unclear whether the hierarchy in the economics profession is the result of the agglomeration of excellence or of nepotism. I construct the professor-student network for laureates of and candidates for the Nobel Prize in Economics. I study the effect of proximity to previous Nobelists on winning the Nobel Prize. Conditional on being Nobel-worthy, students and grandstudents of Nobel laureates are not significantly more or less likely to win. Professors of Nobel Prize winners, however, are significantly more likely to win.

Keywords: network formation; research training; Nobel prize (search for similar items in EconPapers)
JEL-codes: A14 D85 Z13 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-his and nep-sog
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