GMU graduate student David Skarbek is off to a quick start publishing his scientific research. During his undergraduate studies he published an extremely interesting study (with Ben Powell) examining the impact of globalization and development (and sweatshops) on wages in the less developed world. Recently he had a paper on the constitutional order of prision gangs accepted at the Journal of Law, Economics and Organization.
David has recently produced a paper hoping to measure the influence of Nobel Prize winning economists have had on other Nobel Prize winners. His paper has some surprising results so we asked him to post his paper on the blog. Here is what David provided us:
Yesterday's Nobel Prize announcement has generated a great deal of commentary, much of it questioning the significance of the new laureates' work. To better understand the influence of Nobel work, I've done a study examining the frequency of citations of previous winners in Noble lectures by past laureates. This should give some measure of the importance each laureate's research to the top-tier of the economics profession. I find that Hayek is the second most frequently mentioned laureate, and he is the second most cited as determined by multiple publication citations.