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Topic · General Economics, Econometrics and Finance

Economic Theory and Policy

Economic Theory and Policy is a research topic within General Economics, Econometrics and Finance. Science Explorer counts 53k research works in it since 1950. 9.9% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores the causes and macroeconomic implications of various trends, including income distribution, financial crises, aggregate demand, economic growth, monetary policy, inequality, debt, industrialization, balance of payments, and structural change. The papers analyze long-period trends and their impact on different economies, providing insights into the complex interplay of these factors.

  • Income Distribution
  • Financial Crisis
  • Aggregate Demand
  • Economic Growth
  • Monetary Policy
  • Inequality
  • Debt
  • Industrialization
  • Balance of Payments
  • Structural Change
Research works
53k
fractional, since 1950
In the world top 10%
5.3k
per year above
Top-10% rate
9.9%
share of its works in the world top 10%
Growth, 2018-21 → 2022-25
-15%
the tick is no change
Largest producer
United States
27% of the 10 largest, 2022-now
Economic Theory and Policy

Which countries lead Economic Theory and Policy research?

By volume, the United States and Brazil publish the most (1.2k and 1.1k works in 2022-now).

By volume, 2022-now

  1. 1 United States 1.2k works
  2. 2 Brazil 1.1k works
  3. 3 United Kingdom 369 works
  4. 4 France 311 works
  5. 5 Italy 250 works
  6. 6 India 245 works
  7. 7 Spain 212 works
  8. 8 Germany 205 works
  9. 9 China 205 works
  10. 10 Mexico 172 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

United States: 27.3%Brazil: 26.4%United Kingdom: 8.7%France: 7.3%6 others listed: 30.2%27%largest
United States1,165 · 27.3%Brazil1,126 · 26.4%United Kingdom369 · 8.7%France311 · 7.3%6 others listed1,288 · 30.2%

Shares of the rows listed above, not of the whole node.

Which institutions lead Economic Theory and Policy research?

By volume in 2022-now, Centre National de la Recherche Scientifique publishes the most Economic Theory and Policy research, followed by Universidade Federal do Rio de Janeiro and Universidade Federal do Rio Grande do Sul.

By volume, 2022-now

  1. 1 Centre National de la Recherche ScientifiqueFrance 82 works
  2. 2 Universidade Federal do Rio de JaneiroBrazil 58 works
  3. 3 Universidade Federal do Rio Grande do SulBrazil 47 works
  4. 4 Universidade de São PauloBrazil 46 works
  5. 5 Sapienza University of RomeItaly 40 works
  6. 6 Universidade Estadual de Campinas (UNICAMP)Brazil 39 works
  7. 7 Universidade Federal FluminenseBrazil 39 works
  8. 8 Fundação Getulio VargasBrazil 36 works
  9. 9 Universidade de BrasíliaBrazil 35 works
  10. 10 Universidad Nacional Autónoma de MéxicoMexico 35 works

Who are the leading researchers in Economic Theory and Policy?

The most-cited researchers publishing on Economic Theory and Policy include Pierre Bourdıeu, Eugene F. Fama and Andrei Shleifer.

  1. 1 Pierre Bourdıeu France 268k citations
  2. 2 Eugene F. Fama United States 262k citations
  3. 3 Andrei Shleifer United States 234k citations
  4. 4 Harry Eugene Stanley United States 198k citations
  5. 5 Christopher D. Manning United States 179k citations
  6. 6 Herbert A. Simon United States 179k citations
  7. 7 Jacob Cohen Israel 170k citations
  8. 8 Joseph E. Stiglitz United States 167k citations
  9. 9 Michael E. Porter United States 165k citations
  10. 10 Daron Acemoğlu United States 164k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

What are the most cited papers in Economic Theory and Policy?

The most cited paper in Economic Theory and Policy is "A Contribution to the Theory of Economic Growth" (Robert M. Solow, 1956), with 24,386 citations. Next come "A Theory of the Allocation of Time" (10,360) and "Discretion versus policy rules in practice" (9,166).

Most cited papers
#PaperReleasedCitations
1 A Contribution to the Theory of Economic Growth Robert M. Solow · The Quarterly Journal of Economics Feb 1956 24,386
2 A Theory of the Allocation of Time Gary S. Becker · The Economic Journal Sep 1965 10,360
3 Discretion versus policy rules in practice John B. Taylor · Carnegie-Rochester Conference Series on Public Policy Conference paper Dec 1993 9,166
4 Staggered prices in a utility-maximizing framework Guillermo A. Calvo · Journal of Monetary Economics Sep 1983 7,505
5 The Economic Implications of Learning by Doing K. J. Arrow · Palgrave Macmillan UK eBooks Book chapter 1971 6,653
All 99 most cited papers, with filters and sorting

Where is Economic Theory and Policy research done?

The largest centres of Economic Theory and Policy research in 2022-now are São Paulo (Brazil), Rio de Janeiro (Brazil), Washington D.C. (United States) and London (United Kingdom). Among places with at least 20 works in it, it is an unusually large share of all research in Uberlândia, Niterói and Brasília.

Largest cities, 2022-now

  1. 1 São PauloBrazil 164 works
  2. 2 Rio de JaneiroBrazil 160 works
  3. 3 Washington D.C.United States 157 works
  4. 4 LondonUnited Kingdom 149 works
  5. 5 ParisFrance 129 works
  6. 6 New YorkUnited States 114 works
  7. 7 MadridSpain 98 works
  8. 8 BrasíliaBrazil 93 works
  9. 9 RomeItaly 91 works
  10. 10 Mexico CityMexico 91 works

Where it is the local speciality

  1. UberlândiaBR · 32.7 works19×
  2. NiteróiBR · 38.8 works13×
  3. BrasíliaBR · 92.9 works11×
← less than its size predicts1×more →

Location quotient: how much more of its research is in Economic Theory and Policy than the world average.

See Economic Theory and Policy on the map

Where is the best place to study Economic Theory and Policy?

Among universities, judged by research, Northampton Community College, National and Kapodistrian University of Athens and University of Leeds score highest, combining excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%20%40%mean 25.78%fractional works in this field (log) →share of work in the world top 10% →National and Kapodis…University of LeedsNorthampton Communit…Columbia University
above the meannear itbelow it

One dot per university in the first ten of the table below, at the default weights. The upper left is the interesting corner: small places doing unusually strong work.

Excellenceshare of its work in the world top 10%, 2022-now and all time averaged
40%
Specialisationhow much of its work is in this field, counted up to 10× the world share
10%
Sizeits output in this field, on a log scale
30%
Growthoutput growth, counted from -20% to +20%
10%
Internationalshare of its work with a co-author abroad
10%
Each slider sets a weight; the share it gets of the score is beside it.
#UniversityScoreTop 10%SpecialisationWorksGrowth
1Northampton Community CollegeUnited States 69.234.5%222.4×11 +1.8%
2National and Kapodistrian University of AthensGreece 63.839.5%6.5×18 -41.3%
3University of LeedsUnited Kingdom 63.236.2%4.9×15 +23.8%
4Columbia UniversityUnited States 60.017.2%4.1×25 +16.9%
5University of Massachusetts AmherstUnited States 58.318.3%9.1×18 +16.7%
6London School of Economics and Political ScienceUnited Kingdom 57.624.3%15.3×20 -26.5%
7Sapienza University of RomeItaly 56.011.6%6.3×40 +47.0%
8King's College LondonUnited Kingdom 54.433.3%2.6×12 +4.3%
9University College LondonUnited Kingdom 53.026.8%1.7×15 +14.8%
10University of ChicagoUnited States 51.216.1%3.1×14 +20.6%

Universities only. The score blends excellence (40%), size (30%), specialisation (10%), growth (10%), international reach (10%), 2022-now; growth compares 2018-21 with 2022-25 and counts up to +20%, since a jump from a small base is mostly noise.

Every institution in Economic Theory and Policy, country by country

Is Economic Theory and Policy research growing?

Output in 2022-2025 was 15% lower than in 2018-2021, peaking in 2018.

still counting19801990200020102020
grewheldshrank

The same series as a ribbon: one cell per year, darker for more. The line above answers how much; this answers when.

Its share of all research

Growing output can still be a shrinking share: all of science grows. This is Economic Theory and Policy as a percentage of every work published that year, 0.032% in 2024.

still counting0.050%0.10%Economic Theory and Policy0.023% in 202519801990200020102020

Fractional works of Economic Theory and Policy over all fractional works that year. How the balance of science has shifted.

How much of it reaches the world top 10%

Year by year.

still counting5%10%15%Economic Theory and Policy10.5% in 2025200020102020

Of each year's works in it, the share that reached the world's 10% most cited for their field and year. A field is the world for its own topics, so there is no other line to hold it against.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.

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