IIEP   24411
INSTITUTO INTERDISCIPLINARIO DE ECONOMIA POLITICA DE BUENOS AIRES
Unidad Ejecutora - UE
artículos
Título:
The Return to Openness: A Quantitative Contribution to the History of Economic Thought
Autor/es:
JOSÉ DANIEL AROMÍ
Revista:
JOURNAL OF APPLIED ECONOMICS
Editorial:
CENTRO DE ESTUDIOS MACROECONÓMICOS DE ARGENTINA
Referencias:
Lugar: CABA; Año: 2013 vol. XVI p. 203 - 222
ISSN:
1514-0326
Resumen:
We develop a comprehensive quantitative account of changing practices in Economics in the last 122 years. The analysis uses ?word detection? algorithms to partially characterize prevailing practices. We document a shift toward isolation from other disciplines during most of the twentieth century. In sharp contrast, the most recent decades show a strong move towards a more connected discipline. Periods of more connectedness are associated with openness to a broader set of features of economic agents and the economic environment. In parallel, the 1960s and 1970s show a notable acceleration in the move towards a more mathematical approach. This development did not reverse. As a result,the current state of the discipline is characterized by an embrace of mathematical tools together with openness to a wider set of aspects and findings developed in other disciplines. Most of the reported variables show surprisingly high correlations across disciplines and across journals.