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What is economics? Attitudes and views of German economists

Author

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  • Bruno Frey
  • Silke Humbert
  • Friedrich Schneider

Abstract

Which schools of thought are favored by German economists? What makes a good economist and which economists have been most influential? These questions were addressed in a survey, conducted in the summer of 2006 among the members of the 'Verein fur Socialpolitik'. An econometric analysis is used to identify to what extent ideological preferences or personal factors determine the respondents' answers. Our results suggest that German economists favor neoclassical economic theory as a school of thought and appreciate the contributions of their Anglo-Saxon colleagues much more than their fellow compatriots' contributions. Furthermore, a 'good' economist should have expertise in a certain field, as well as a broader knowledge of general economics. Some of the results can be compared to Colander (2008). The results indicate that graduate programs noted for their American style greatly influence a student's opinion as to what attributes a good economist must have.

Suggested Citation

  • Bruno Frey & Silke Humbert & Friedrich Schneider, 2010. "What is economics? Attitudes and views of German economists," Journal of Economic Methodology, Taylor & Francis Journals, vol. 17(3), pages 317-332.
  • Handle: RePEc:taf:jecmet:v:17:y:2010:i:3:p:317-332
    DOI: 10.1080/13501781003792688
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    References listed on IDEAS

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    1. David Colander, 2007. "Introduction to The Making of an Economist, Redux," Introductory Chapters,in: The Making of an Economist, Redux Princeton University Press.
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    Cited by:

    1. Jörg Döpke & Ulrich Fritsche & Gabi Waldhof, 2017. "Theories, techniques and the formation of German business cycle forecasts: Evidence from a survey among professional forecasters," Working Papers 2017-002, The George Washington University, Department of Economics, Research Program on Forecasting.
    2. Michele Di Maio, 2013. "Are Mainstream and Heterodox Economists Different? An Empirical Analysis," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(5), pages 1315-1348, November.
    3. Correa, Felipe, 2016. "El pensamiento económico en los estudiantes de economía de Chile," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(330), pages .405-427, abril-jun.
    4. Jörg Döpke & Ulrich Fritsche & Gabi Waldhof, 2017. "Theories, techniques and the formation of German business cycle forecasts: Evidence from a survey of professional forecasters," Macroeconomics and Finance Series 201701, University of Hamburg, Department of Socioeconomics.

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