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What's Worth Knowing? Economists' Opinions about Economics

Peter Andre () and Armin Falk
Additional contact information
Peter Andre: Goethe University Frankfurt

No 14527, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We document economists' opinions about what is worth knowing and ask (i) which research objectives economic research should embrace and (ii) which topics it should study. Almost 10,000 economic researchers from all fields and ranks of the profession participated in our global survey. Detailed bibliometric data show that our sample represents the population of economic researchers who publish in English. We report three main findings. First, economists' opinions are vastly heterogeneous. Second, most researchers are dissatisfied with the status quo, in terms of both research topics and objectives. Third, on average, respondents think that economic research should become more policy-relevant, multidisciplinary, risky and disruptive, and pursue more diverse topics. We also find that dissatisfaction with the status quo is more prevalent among female scholars and associated with lower job satisfaction and higher stress levels. Taken together, the results suggest that economics as a field does not appreciate and work on what economists collectively prefer.

Keywords: economic research; research objectives; research topics; satisfaction; policy-relevance; multidisciplinarity; diversity (search for similar items in EconPapers)
JEL-codes: A11 A14 (search for similar items in EconPapers)
Pages: 77 pages
Date: 2021-07
New Economics Papers: this item is included in nep-cwa, nep-hpe and nep-sog
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Citations: View citations in EconPapers (4)

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Working Paper: What’s Worth Knowing? Economists’ Opinions about Economics (2021) Downloads
Working Paper: What’s Worth Knowing? Economists’ Opinions About Economics (2021) Downloads
Working Paper: What's Worth Knowing? Economists' Opinions about Economics (2021) Downloads
Working Paper: What's Worth Knowing? Economists' Opinions about Economics (2021) Downloads
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