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The role of professional economists in the financial markets


  • Porzecanski, Arturo C.


Economists have always been interested in the workings of the financial markets, but most of them neither seek nor get the opportunity to work in a financial institution as a professional economist. Here we detail how (a minority of) economists became involved in the financial markets, and what that professional involvement has entailed, in order to come up with implications for economists who are considering working in the financial markets as well as for the universities that provide training for future economists.

Suggested Citation

  • Porzecanski, Arturo C., 2006. "The role of professional economists in the financial markets," MPRA Paper 106, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:106

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    References listed on IDEAS

    1. Camerer, Colin F & Hogarth, Robin M, 1999. "The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 7-42, December.
    2. repec:cup:apsrev:v:89:y:1995:i:02:p:309-326_09 is not listed on IDEAS
    3. Lupia, Arthur, 2006. "How Elitism Undermines the Study of Voter Competence," MPRA Paper 349, University Library of Munich, Germany.
    4. Blair, Edward & Burton, Scot, 1987. " Cognitive Processes Used by Survey Respondents to Answer Behavioral Frequency Questions," Journal of Consumer Research, Oxford University Press, vol. 14(2), pages 280-288, September.
    5. repec:cup:apsrev:v:83:y:1989:i:02:p:399-419_08 is not listed on IDEAS
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    More about this item


    Economists; financial markets; education;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets

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