Für eine Handvoll Euros: Der Markt für Vorträge zur Bewertung des Einflusses der Volkswirtschaftslehre
The belief of many economists that their science has a major impact on the discussion of economic and societal problems is largely based on anecdotal evidence or personal experience. In this article it is proposed to measure the importance with market prices like speaking fees. The results show that economists receive significantly lower fees than journalists and politicians. Due to the restricted data the interpretation has to be done carefully. However, the article may serve as a starting point for using market prices for impact measurement. Copyright 2006 die Autoren Journal compilation 2006, Verein für Socialpolitik und Blackwell Publishing Ltd.
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Volume (Year): 7 (2006)
Issue (Month): 4 (November)
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References listed on IDEAS
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- Bruno S. Frey & Reiner Eichenberger, 1993. "American and European Economics and Economists," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 185-193, Fall.
- Zimmermann, Klaus F., 2004.
"Advising Policymakers Through the Media,"
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1001, Institute for the Study of Labor (IZA).
- Bruno S. Frey, .
"Was bewirkt die Volkswirtschaftslehre?,"
IEW - Working Papers
024, Institute for Empirical Research in Economics - University of Zurich.
- Rosen, Sherwin, 1981. "The Economics of Superstars," American Economic Review, American Economic Association, vol. 71(5), pages 845-58, December.
- Werner Bönte & Bernd Lucke, 2004. "Qualitätssicherung in der volkswirtschaftlichen Auftragsforschung: Eine Fallstudie und ein Vorschlag," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 5(1), pages 1-22, 02.
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