Academic Background of Nobel Laureates and Their Main Contribution to Economic Science

Florentina Xhelili-Krasniqi and Rahmije Mustafa-Topxhiu

Economic Studies journal, 2024, issue 5, 186-202

Abstract: This paper examines how Nobel laureates' academic backgrounds relate to their economic contributions. The study covers laureates in Economics from 1969 to 2023 and reveals that 49% of laureates studied Economics at the undergraduate level, while the remaining 51% pursued other sciences. Moreover, 79% of laureates obtained their doctoral degrees in Economics and 21% in other sciences. The data also includes a breakdown of laureates' primary contributions in various fields of Economics, with the majority contributing to Macroeconomics (29%), followed by Microeconomics (15%) and Finance (14%), New Methods of Economic Analysis (19%), and General Equilibrium Theory (6%). The results further demonstrate that 17% of laureates have contributed to interdisciplinary research, establishing links between Economics and other sciences such as Psychology, History, Sociology, Philosophy, Politics, Law, and Organizational Sciences. This approach is a result of the diverse educational backgrounds of Nobel laureates.

JEL-codes: A1 A2 B3 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2024:i:5:p:186-202

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