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SUMMARY:The Age of the Applied Economist: The Transformation of Economics 
 Since the 1970s - Beatrice Cherrier (University of Caen)
DTSTART:20180206T120000Z
DTEND:20180206T140000Z
UID:TALK99424@talks.cam.ac.uk
CONTACT:66457
DESCRIPTION:It is widely accepted that economics has changed significantly
  since the 1970s with the development of new data sources\, new methods of
  analysis and the computer. This paper argues that this transformation of 
 the discipline involves more than just a rise of empirical work: it involv
 es a new understanding of the relationship between theoretical and applied
  work\, which raised the prestige of the latter. The meaning of economic t
 heory and applied work and the boundaries between them changed as theory a
 nd empirical work alike became more applied in the sense that they were br
 ought to bear on specific social issues\, often with a policy orientation.
  Drawing on an analysis of John Bates Clark medal winners and on papers pu
 blished in a special volume of History of Political Economy\, to which thi
 s is an introduction\, we then discuss reasons for this transformation. It
  resulted from new modeling strategies\, data sets and technologies as wel
 l as the changing influence of public and private patrons.
LOCATION: Seminar Room SG1\, Alison Richard Building\, 7 West Road\, Cambr
 idge
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