Economic Essay Paper

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A Fiscal Union. Is it likely? Would it be enough?

Conference paper| By Annamaria Simonazzi| Oct 2017

The current crisis is the culmination of a process of integration that has profoundly changed the structure of each member state, their inter-relations and their power relations. One of its side effects was the rediscovery of the terms ‘centre’ and ‘periphery’ to analyse the economic situations of the European countries.

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Veiling

Conference paper| By Jean-Paul Carvalho| Dec 2017

Veiling among Muslim women is modeled as a commitment mechanism that limits temptation to deviate from religious norms of behavior. 

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Betting on Hitler – The Value of Political Connections in Nazi Germany

Conference paper| By Thomas Ferguson and Hans-Joachim Voth| Oct 2017

This paper examines the value of connections between German industry and the Nazi movement in early 1933. Drawing on previously unused contemporary sources about management and supervisory board composition and stock returns, we find that one out of seven firms, and a large proportion of the biggest companies, had substantive links with the National Socialist German Workers’ Party. Firms supporting the Nazi movement experienced unusually high returns, outperforming unconnected ones by 5% to 8% between January and March 1933. These results are not driven by sectoral composition and are robust to alternative estimators and definitions of affiliation. 

Economic History or History of Economics? A Review Essay on Sylvia Nasar's Grand Pursuit: the Story of Economic Genius

Orley C. Ashenfelter

NBER Working Paper No. 17607
Issued in November 2011
NBER Program(s):Economic Fluctuations and Growth, Labor Studies

In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is really an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to show that they are people too--with more than enough warts and foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert Heilbroner's remarkably different conception in The Worldly Philosophers. I also discuss more generally the question of why economists might be interested in their history at all.

Acknowledgments

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w17607

Published: “Economic history or history of economics?” Review of Grand Pursuit: The Story of Economic Genius, Center for Economic Policy Studies, Working Papers: 1365. Journal of Economic Literature, March 2012, 50(1), 96-102.

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