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- AI and the Economy
- Posted 5 Tage ago
How will the development of AI affect the labor market?
Artificial intelligence appears to be the next truly disruptive technology poised to rock our global economy. In December 2022, ChatGPT-3 made headlines. It represented a leap forward in the capabilities of generative AI technology, pushing conversations about this new tool into the mainstream as people began to question how ChatGPT will affect the economy.
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- Economist Profiles
- Posted 1 Woche ago
Dr. Jeffrey M. Wooldridge
Students often learn about important figures in economics only briefly and in passing, yet the content taught in economics courses often comes from brilliant economists such as these.
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- Into the Economist's Mind
- Posted 1 Monat ago
The INOMICS Questionnaire: Fratzscher vs. Ditzen
In the INOMICS interview series, Prof. Dr. Marcel Fratzscher asks economists questions about their field, their opinions on economics, some of their favorite things, and more. Today we took the chance to interview Dr. Jan Ditzen, an econometrician with a robust research presence. The interview, named Fratzscher vs. Ditzen (as is tradition), enlightens us on the contributions of Hashem Pesaran, the beauty of mountain scenery, details about econometrics and why its rigor is important for economics, and more.
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- Gender Differences in Economics
- Posted 1 Monat ago
Publication behavior in economics – Reputation, visibility, and the gender gap
In recent times, debates on gender inequality among researchers at universities have emerged, in particular in economics. Even though leading academic societies have addressed these issues already for many years – for example, the American Economic Association has run the “Committee on the Status of Women in the Economics Profession” (CSWEP) since 1971, and the European Economic Association established its “Standing Committee on Women in Economics” (WinE) in 2003 – they appear to be persistent.
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- Into the Economist's Mind
- Posted 1 Monat ago
The INOMICS Questionnaire: Fratzscher vs. Tol
In this article, INOMICS interviews Dr. Richard S.J. Tol, member of the Intergovernmental Panel on Climate Change (IPCC) when it was awarded the 2007 Nobel Peace Prize and a researcher at the forefront of economics and climate policy. Dubbed Fratzscher vs. Tol as Prof. Dr. Marcel Fratzscher resumed his role as interviewer, the conversation touches on gender discrimination in economics, the increasing availability of historical data, and how climate policy can clash with economic research.
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- Pop Culture
- Posted 2 Monate ago
The Economics of Star Wars
Star Wars probably needs no introduction here. One of the largest entertainment properties of all time, it has grown far beyond its (humble?) beginnings on the movie screen. Now, we can learn about “a galaxy far, far away” through books, comics, TV series, video games, and more.
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- Economist Profiles
- Posted 2 Monate ago
Dr. Esther Duflo
In this series of articles, INOMICS will highlight the accomplishments of particular economists who have contributed greatly to the field. Students often learn about the great figures in economics only briefly and in passing, but the content taught in economics courses comes from brilliant economists such as these.
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- Pop Culture
- Posted 3 Monate ago
Pop Economics: Economics through the lens of pop culture
So, the economy is in crisis. Well, when is it not? The global economy is becoming like that one histrionic person that is always miserable, in shambles and crying for attention.
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- Gender Discrimination
- Posted 3 Monate ago
The #EconMeToo Movement
We have previously written about the gender pay gap and the leaky pipeline in economics. This article highlights other gender-related issues within the field, particularly around gender-based harassment and discrimination in economics.
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- INOMICS Salary Report
- Posted 3 Monate ago
The Post-Pandemic Recovery of the Economics Job Market
The outbreak of COVID-19 created a worldwide recession, and many people experienced reduced work hours or unemployment because of it. Economists were not immune from this. In early 2021, INOMICS reported that one third of economists (especially those in the Global South) faced negative impacts on their careers due to the pandemic. Most affected were economists working in the private sector, though economists in the academic sector faced other issues.
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- Kick Back With a Film
- Posted 4 Monate ago
10 More Movies Economists Will Love
Economics touches every aspect of our lives, whether we know it or not. Game theory, statistics and econometrics, politics, government policy, and of course finance are all aspects of economics that affect our daily lives.
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- INOMICS Salary Report
- Posted 4 Monate ago
The Glass Ceiling and the “Leaky Pipeline” in Economics
The 2022 INOMICS Salary Report allowed us to examine the field of economics across employer types, job positions, and regions. This article continues with our look at gender (in)equality in economics by examining the glass ceiling. Below, we examine this effect in academia (economists employed by universities) and industry (other employer types).
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- INOMICS Salary Report
- Posted 4 Monate ago
The Gender Ratio in Economics in 2022
In late 2022, the field of economics came under additional scrutiny for its unequal treatment of women. This article will examine the relative share of women in the field of economics, complementing the analysis of our survey data in the INOMICS Salary Report. This is helpful context for other discussions of gender discrimination in economics, as many statistics can be better understood after learning about the distribution of men and women in economics.
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- INOMICS Salary Report
- Posted 5 Monate ago
The Gender Pay Gap in Economics in 2022
That gaps exist in economists’ pay and career attainment due to gender discrimination is not news. This article will discuss the findings of the 2022 INOMICS Salary Report as they relate to the gender pay gap in economics. Unless stated otherwise, the facts and figures in this article are taken from our 2022 survey data. INOMICS has previously published reports on the gender pay gap, but this is our deepest dive into the topic yet.
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- Follow Economists Online
- Posted 5 Monate ago
30 Top Twitter Feeds in Economics and Finance
Over the years, Twitter has become a useful and prominent tool within the social media fabric, particularly for professionals looking to network and make connections. Many renowned economists use Twitter, and economics researchers often post research updates using the #EconTwitter hashtag.
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- Happy Holidays
- Posted 5 Monate ago
The Economics of Christmas
Christmas is approaching. For many people this is a magical season, filled with songs and decorations, when you hope that all your wishes come true. Others consider Christmas to be a stressful time when you need to rush around to get presents for all your friends and family.
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- Santa Claus is Coming to Town
- Posted 5 Monate ago
Die 10 besten Weihnachtsgeschenk-Ideen für Ökonomen
The holiday season is coming and Christmas is just around the corner. If you want to avoid buying presents for the holidays in a panic, you had better get to planning the gifts you'll be giving.
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- Economics News
- Posted 6 Monate ago
Student Debt Relief Applications Now Available for US Citizens
In late August 2022, US President Joe Biden fulfilled a campaign promise by announcing that the government would be providing US citizens with student loan debt-relief. US citizens can apply for up to $10,000 in debt cancellation via this loan forgiveness program. On October 17th, 2022, the US Department of Education opened up applications on StudentAid.gov.
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- Economists & Prizes
- Posted 7 Monate ago
2022 Nobel Prize in Economics - The Winners
The prestigious 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, better known as the Nobel Prize for Economics, has been awarded to three American economists: Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig. The prize, awarded by the Royal Swedish Academy of Sciences, was given to these economists for their contributions to “research on banks and financial crises”. The Prize notes that these three economists laid the groundwork for this research in the early 1980s.
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- Werkzeuge des Handwerks
- Posted 9 Monate ago
Ökonometrie und Statistiksoftware
Economists very often work with statistical software that is used to build economic models and conduct econometric analyses. Learning to work with and analyze data is thus an essential skill for young economists. To be competitive as an economist in the job market, demonstrable skills and experience using some of the popular analysis and forecasting software environments are a must.
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- Into the Economist's Mind
- Posted 9 Monate ago
The INOMICS Questionnaire: Fratzscher vs Tooze
The following article first appeared in the INOMICS Handbook 2022. Download the INOMICS Handbook Professor Marcel Fratzscher, esteemed macroeconomist and president of the DIW Berlin, once again asks questions about economics and life in general to a peer in the 2022 edition of the INOMICS Handbook Questionnaire. This time, he has the pleasure of being joined by renowned economic historian Adam Tooze, who generously agreed to take the hot seat in this exchange. Thus, the back-and-forth has been dubbed Fratzscher vs. Tooze, as is tradition. What follows is a dive into the beauty of wild places, the gender bias still present in economics, the link between policy makers and central banks, the limits of the search for perfect causality in the social sciences, and even more. Tooze’s perspective is unique and fresh, and is sure to be an interesting read you won’t want to miss.
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- It's Game Night
- Posted 9 Monate ago
The Economics of Settlers of Catan
Klaus Teuber’s Settlers of Catan is a popular board game that has become a mainstay of friendly gatherings across the globe. For the uninitiated, in Catan up to 4 players compete to be the first one with 10 victory points. Points are gained by building houses (“settlements”), cities, and roads on a heretofore unsettled island rife with natural resources. Catan has nearly limitless replay value - with 3,695,814,682,560,000 (over 3 quadrillion!) different unique board layouts using just the base rules. Chances are, you’ve heard of Catan even if you don’t particularly love board games.
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- Preparing the Economists of Tomorrow
- Posted 11 Monate ago
Teaching Economics with Real-World Context
The following article first appeared in the INOMICS Handbook 2022. Download the INOMICS Handbook While every generation claims its problems are the most formidable and pressing in the annals of humankind, our generation certainly has a strong case: a global pandemic that has already taken five million lives, and a world seemingly headed toward catastrophe, unable to keep global temperatures from rising and thus contain climate change.
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- How the Crisis is Opening Opportunities for the Profession
- Posted 1 Jahr ago
COVID-19 and the Economists’ Redemption
The following article first appeared in the INOMICS Handbook 2021. Download the INOMICS Handbook On a visit to the London School of Economics in November 2008, the Queen asked her hosts why no one had seen the financial crisis coming. It took the professors nine months to come up with an excuse, put forth in a letter in July 2009:
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- Ranking
- Posted 1 Jahr ago
The INOMICS Awards 2022
Now in their sixth year, the INOMICS Awards remain unique in their celebration of institutions committed to the career development of economists worldwide.
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