Backward-oriented economics

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
Bruno S. Frey
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引用次数: 4

Abstract

Nowadays, academic journals of high standing rarely accept a conceptual idea in a paper not instantly accompanied by econometric estimates. The idea would almost certainly get rejected. Empirical validation based on past statistical data has produced an unfortunate backward orientation in economics. While one can learn from the past, this approach fails when the underlying conditions strongly change.

The paper suggests various possibilities to overcome the intense publication pressure in so-called top journals and the overemphasis on instant empirical evidence. Academia is, however, unlikely to adapt. As economics is too backward oriented, other disciplines or cranks may well dominate future economic policy.

Backward-oriented经济学
如今,声望很高的学术期刊很少接受一篇论文中没有立即附有计量经济学估计的概念性观点。这个想法几乎肯定会遭到拒绝。基于过去统计数据的实证验证在经济学中产生了一种不幸的倒退倾向。虽然人们可以从过去吸取教训,但当潜在条件发生重大变化时,这种方法就失败了。本文提出了克服所谓顶级期刊的巨大出版压力和过分强调即时经验证据的各种可能性。然而,学术界不太可能适应。由于经济学过于落后,其他学科或怪人很可能主导未来的经济政策。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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