{"title":"The Michael Szenberg Prize for the Best Article Published by The American Economist","authors":"","doi":"10.1177/05694345241229274","DOIUrl":"https://doi.org/10.1177/05694345241229274","url":null,"abstract":"","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139613380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The ODE Undergraduate Research AwardCompetition Sponsored by Omicron Delta Epsilon International Honor Society in Economics","authors":"","doi":"10.1177/05694345241229294","DOIUrl":"https://doi.org/10.1177/05694345241229294","url":null,"abstract":"","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139613598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The ODE Graduate Research AwardCompetition Sponsored by Omicron Delta Epsilon International Honor Society in Economics","authors":"","doi":"10.1177/05694345241229292","DOIUrl":"https://doi.org/10.1177/05694345241229292","url":null,"abstract":"","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139613583","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Gender and Intermediate Microeconomics Course Performance: Does Course Type Matter?","authors":"Laura J. Ahlstrom, David M. Switzer","doi":"10.1177/05694345231214511","DOIUrl":"https://doi.org/10.1177/05694345231214511","url":null,"abstract":"This study examines the effects of gender on performance for students taking one of two different intermediate microeconomics courses: a quantitative, calculus-based course and a non-quantitative, non-calculus-based course. We also assess how gender differences in students’ math and verbal abilities and college achievement affect intermediate microeconomics course grades. Our results indicate gender is not a significant indicator of intermediate microeconomics course performance. Math SAT scores and principles of microeconomics course grades are significant predictors of performance for non-quantitative course students only. Cumulative GPAs have strong, positive correlations with grades for students in both course types. These findings have implications for students’ economics major selection and are positive in the context of closing the gender gap in economics degree attainment. JEL Codes: A20, A22","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138979458","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Chinatowns: Indirect Casualties of the Pandemic","authors":"Yunshu Hu, Tianyi Zhang, Yuerong Zhuang","doi":"10.1177/05694345231220321","DOIUrl":"https://doi.org/10.1177/05694345231220321","url":null,"abstract":"The COVID-19 pandemic greatly reduced business activities, yet the negative effect was not homogeneous. We study how sentiment towards China in US major cities impact their Chinatown visits, utilizing mobility data at the census tract level and sentiment analysis from ProQuest news articles. Difference-in-difference analysis indicates that the Chinatowns in cities where the COVID-related new articles generally expressing negative sentiment towards China experienced a greater reduction in the number of visits. The result is corroborated by a placebo test that examines the number of visits to Little Italy, another type of ethnic neighborhood whose visits do not seem to be influenced by the sentiment towards China. The disparity in Chinatown visits persists across various sentiment measurement methods and varies by demographic group.","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138586610","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ChatGPT Hallucinates Non-existent Citations: Evidence from Economics","authors":"Joy Buchanan, Stephen Hill, O. Shapoval","doi":"10.1177/05694345231218454","DOIUrl":"https://doi.org/10.1177/05694345231218454","url":null,"abstract":"In this study, we generate prompts derived from every topic within the Journal of Economic Literature to assess the abilities of both GPT-3.5 and GPT-4 versions of the ChatGPT large language model (LLM) to write about economic concepts. ChatGPT demonstrates considerable competency in offering general summaries but also cites non-existent references. More than 30% of the citations provided by the GPT-3.5 version do not exist and this rate is only slightly reduced for the GPT-4 version. Additionally, our findings suggest that the reliability of the model decreases as the prompts become more specific. We provide quantitative evidence for errors in ChatGPT output to demonstrate the importance of LLM verification. JEL Codes: B4; O33; I2","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139244222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Recruiting via the Core: A Nontraditional Introduction to Economic Thinking","authors":"John R Swinton, Brooke Conaway, Christopher Clark","doi":"10.1177/05694345231218022","DOIUrl":"https://doi.org/10.1177/05694345231218022","url":null,"abstract":"Students often choose to major in economics after being introduced to the discipline through principles courses. Most of these courses cover the same general material, with an emphasis on theories and models. We offer general education courses that introduce economic thinking without emphasizing economic models or theories. Instead, these courses focus on critical thinking, social and economic issues, and ideologies. We find evidence that exposure to a first-year critical-thinking course taught by a member of the Department of Economics and Finance increases the probability that a student will choose to major in economics.","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139244114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Shift or Pivot? Market Entry and Exit With Linear Supply and Demand Curves","authors":"Joseph G. Eisenhauer","doi":"10.1177/05694345231209228","DOIUrl":"https://doi.org/10.1177/05694345231209228","url":null,"abstract":"Textbooks commonly misrepresent the effects of market entry and exit by consumers and producers as parallel shifts of linear market demand and supply curves. Such portrayals are inconsistent with the underlying premise that a market-level curve is the horizontal summation of individual-level curves. A more accurate depiction is a pivot: entry flattens (and exit steepens) a market-level curve. Reconceiving the effects of entry and exit as pivoting, rather than shifting, the curve has important implications for own-price elasticities, consumer surplus, producer surplus, the incidence of taxation, and the competitive market adjustment to a long run equilibrium. JEL codes: A22, B40, D01","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136234126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Learning Scores and Economics Instruction","authors":"William B. Walstad, Olga Zlatkin-Troitschanskaia","doi":"10.1177/05694345231207868","DOIUrl":"https://doi.org/10.1177/05694345231207868","url":null,"abstract":"This study explains how economics instructors can incorporate pretest and posttest assessments into their economics courses to make testing and related teaching more dynamic and interactive with students. Such assessments allow the correct and incorrect responses to pretest and posttest items to be used by instructors to create four learning scores that reveal different pathways of student learning—positive, retained, negative, and zero. Learning scores provide more insights into learning progression among students during an instructional unit or a course than is possible with the typical posttest only assessment. The study explains how learning scores can be used by economics instructors to analyze classroom or group learning, to diagnose individual student understandings or misunderstandings, and assess how each test item contributes to student learning. It discusses the practical applications and extensions of learning score analysis that make it realistic for economics instructors to use and addresses measurement concerns.","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135618467","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The ODE Graduate Research AwardCompetition Sponsored by Omicron Delta Epsilon International Honor Society in Economics","authors":"","doi":"10.1177/05694345231197124","DOIUrl":"https://doi.org/10.1177/05694345231197124","url":null,"abstract":"","PeriodicalId":85623,"journal":{"name":"The American economist","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135420167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}