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How has Mainstream changed? A Topic Model insight

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  • Redigonda, Margherita

Abstract

This paper has two aims: to explore the suitability of computational tools in order to get a description of long-term evolution of mainstream economics and to test the "mainstream pluralism" hypothesis. A topic model is developed using full-text from papers published in a sample of top economics journals and the hierarchical Stochastic Block Model algorithm. The model is able to replicate many qualitative facts about the history of mainstream economics. Finally, the reason of the failure to test for the "mainstream pluralism" hypothesis are discussed.

Suggested Citation

  • Redigonda, Margherita, 2023. "How has Mainstream changed? A Topic Model insight," OSF Preprints 3rcdn, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:3rcdn
    DOI: 10.31219/osf.io/3rcdn
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    References listed on IDEAS

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    1. Malouin, Jean-Louis & -Francois Outreville, J., 1987. "The relative impact of economics journals: A cross-country survey and comparison," Journal of Economics and Business, Elsevier, vol. 39(3), pages 267-277, August.
    2. Jean Heck & Peter Zaleski, 2006. "The most frequent contributors to the elite economics journals: Half century of contributions to the “Blue ribbon eight”," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 30(1), pages 1-37, March.
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