The Ph.D. Circle in Academic Economics
Adam Smith doubted an invisible hand in academia, saying that academia was prone to clubbish foolishness. From economics-department webpages, I collected data on Ph.D. origination of economics faculty. Using a ranking of 200 economics departments world-wide, I find that at the top departments 80-90 percent of faculty got their PhD at a top-35 department. The set of top-35 departments draws 76 percent of faculty from itself. The top-35 dominate the entire profession. Economics is more a monocentric cultural pyramid than a polycentric market.
Volume (Year): 2 (2005)
Issue (Month): 1 (April)
|Contact details of provider:|| Postal: Enterprise Hall, Room 354, 4400 University Drive, 3G4 Fairfax, VA 22030|
Phone: (703) 993-1151
Web page: https://econjwatch.org/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kocher, Martin G & Sutter, Matthias, 2001.
"The Institutional Concentration of Authors in Top Journals of Economics during the Last Two Decades,"
Royal Economic Society, vol. 111(472), pages F405-21, June.
- Kocher, Martin G. & Sutter, Matthias, 2001. "The Institutional Concentration of Authors in Top Journals of Economics during the Last Two Decades," Munich Reprints in Economics 18183, University of Munich, Department of Economics.
- Robert H. Nelson, 2004. "Scholasticism versus Pietism: The Battle for the Soul of Economics," Econ Journal Watch, Econ Journal Watch, vol. 1(3), pages 473-497, December.
- Spellman, William E & Gabriel, D Bruce, 1978. "Graduate Students in Economics, 1940-74," American Economic Review, American Economic Association, vol. 68(1), pages 182-87, March.
- Boschini, Anne & Lindquist, Matthew & Pettersson, Jan & Roine, Jesper, 2004.
"The Incentives of Future Economists - Striking a Balance between Tools and Relevance,"
SSE/EFI Working Paper Series in Economics and Finance
550, Stockholm School of Economics.
- Anne D. Boschini & Matthew J. Lindquist & Jan Pettersson & Jesper Roine, 2004. "Learning to Lose a Leg: Casualties of PhD Economics Training in Stockholm," Econ Journal Watch, Econ Journal Watch, vol. 1(2), pages 369-379, August.
- Sherwin Rosen, 1997.
"Austrian and Neoclassical Economics: Any Gains from Trade?,"
Journal of Economic Perspectives,
American Economic Association, vol. 11(4), pages 139-152, Fall.
- Rosen Sherwin, 1997. "Austrian and Neoclassical Economics: Any Gains From Trade?," University of Chicago - George G. Stigler Center for Study of Economy and State 133, Chicago - Center for Study of Economy and State.
- Paul J. Pieper & Rachel A. Willis, 1999. "The Doctoral Origins of Economics Faculty and the Education of New Economics Doctorates," The Journal of Economic Education, Taylor & Francis Journals, vol. 30(1), pages 80-88, January.
- Johansson, Dan, 2004.
"Economics without Entrepreneurship or Institutions: A Vocabulary Analysis of Graduate Textbooks,"
Ratio Working Papers
58, The Ratio Institute.
- Dan Johansson, 2004. "Economics Without Entrepreneurship or Institutions: A Vocabulary Analysis of Graduate Textbooks," Econ Journal Watch, Econ Journal Watch, vol. 1(3), pages 515-538, December.
- Wendy A. Stock & Richard M. Alston, 2000. "Effect of Graduate-Program Rank on Success in the Job Market," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(4), pages 389-401, December.
When requesting a correction, please mention this item's handle: RePEc:ejw:journl:v:2:y:2005:i:1:p:133-148. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jason Briggeman)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.