The focus of academic economics: Before and after the crisis

Arbeitspapier

Has the global financial crisis of 2007ff had a visible impact on the economics profession? To answer this question we employ a bibliometric approach and compare the content and orientation of economic literature before and after the crisis with reference to two different samples: A large-scale sample consisting of more than 440,000 articles published between 1956 and 2016 and a smaller sample of 400 top-cited papers before and after the crisis. Our results suggest that - unlike the Great Depression of the 1930s - the current financial crisis did not lead to any major theoretical or methodological changes in contemporary economics, although the topic of financial instability received increased attention after the crisis.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ICAE Working Paper Series ; No. 75

Classification and Topics

• Classification: Wirtschaft ; Sociology of Economics ; History of Economic Thought since 1925: General ; History of Economic Thought since 1925: Financial Economics ; Financial Crises ; Economic History: General ; Development of the Discipline: Historiographical; Sources and Methods
• Subject: crisis ; economics profession ; economic journals ; keyword analysis ; paradigmatic development

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Aigner, Ernest ; Aistleitner, Matthias ; Glötzl, Florentin ; Kapeller, Jakob
• Event: Veröffentlichung
• (who): Johannes Kepler University Linz, Institute for Comprehensive Analysis of the Economy (ICAE)
• (where): Linz
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/179438
• Last update: 10.03.2025, 11:43 AM CET