The focus of academic economics: before and after the crisis
Ernest Aigner (),
Florentin Gloetzl (),
Matthias Aistleitner and
Jakob Kapeller ()
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Ernest Aigner: Vienna University of Economics and Business, Austria
Florentin Gloetzl: Vienna University of Economics and Business, Austria
No 75, ICAE Working Papers from Johannes Kepler University, Institute for Comprehensive Analysis of the Economy
Has the global financial crisis of 2007ff had a visible impact on the economics profession? To answer this question we employ a bibliometric approach and compare the content and orientation of economic literature before and after the crisis with reference to two different samples: A large-scale sample consisting of more than 440,000 articles published between 1956 and 2016 and a smaller sample of 400 top-cited papers before and after the crisis. Our results suggest that â€“ unlike the Great Depression of the 1930s â€“ the current financial crisis did not lead to any major theoretical or methodological changes in contemporary economics, although the topic of financial instability received increased attention after the crisis.
Keywords: crisis; economics profession; economic journals; keyword analysis; paradigmatic development (search for similar items in EconPapers)
Pages: 26 pages
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-sog
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Working Paper: The Focus of Academic Economics: Before and After the Crisis (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ico:wpaper:75
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