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Posted September 6, 2013 by WEA administrator

UK Research Assessment Exercise Debate

Cambridge Journal of Economics (Vol. 27, No. 4) has just published an open access article, “The UK Research Assessment Exercise and the Narrowing of UK Economics”, by Frederic S. Lee, Xuan Pham and Gyun Gu.  The paper:

 “delineates[s] an empirically grounded, structure-causal going concern recursive model of UK economics that, in the context of the Research Assessment Exercise (RAE) and local department decision making, explains the progressive elimination of heterodox economics, the progressive homogenisation of mainstream economics from 1992 to the present and the continued rise to dominance of a select group of departments, and indicates whether these events will continue under the Research Excellence Framework selectivity exercise in 2014.”

Press release from Oxford University Press, 05 July, 2013: “New paper warns that the Research Assessment Exercise is causing a homogenisation of UK economics,”

Posted September 6, 2013 by WEA administrator