Download this Paper Open PDF in Browser

Political Language in Economics

78 Pages Posted: 8 Dec 2014 Last revised: 3 Nov 2015

Zubin Jelveh

New York University

Bruce Kogut

Columbia Business School - Management

Suresh Naidu

Columbia University

Date Written: October 22, 2015

Abstract

Does political ideology influence economic research? We rely upon purely inductive methods in natural language processing and machine learning to examine patterns of implicit political ideology in economic articles. Using observed political behavior of economists and the phrases from their academic articles, we construct a high-dimensional predictor of political ideology by article, economist, school, and journal. In addition to field, journal, and editor ideology, we look at the correlation of author ideology with magnitudes of reported policy relevant elasticities. Overall our results suggest that there is substantial sorting by ideology into fields, departments, and methodologies, and that political ideology influences the results of economic research.

Suggested Citation

Jelveh, Zubin and Kogut, Bruce and Naidu, Suresh, Political Language in Economics (October 22, 2015). Columbia Business School Research Paper No. 14-57. Available at SSRN: https://ssrn.com/abstract=2535453. or http://dx.doi.org/10.2139/ssrn.2535453

Zubin Jelveh

New York University ( email )

Bobst Library, E-resource Acquisitions
20 Cooper Square 3rd Floor
New York, NY 10003-711
United States

Bruce Kogut (Contact Author)

Columbia Business School - Management ( email )

3022 Broadway
New York, NY 10027
United States

Suresh Naidu

Columbia University ( email )

3022 Broadway
New York, NY 10027
United States

Paper statistics

Downloads
1,090
rank
15,988
Abstract Views
4,573