The New Corporate Governance
In: Harvard Law School John M. Olin Center Discussion Paper No. 1081 (2022)
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In: Harvard Law School John M. Olin Center Discussion Paper No. 1081 (2022)
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In: University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-55
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In: University of Chicago Business Law Review, Forthcoming
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In: European Corporate Governance Institute (ECGI) - Finance Working Paper No. 494/2016
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In: Journal of political economy, Band 125, Heft 6, S. 1805-1812
ISSN: 1537-534X
In: NBER Working Paper No. w23866
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In: European Corporate Governance Institute - Law Working Paper No. 723/2023
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In: NBER Working Paper No. w23041
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In: CEPR Discussion Paper No. DP11794
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In: American economic review, Band 103, Heft 3, S. 636-642
ISSN: 1944-7981
We compare answers to policy questions by economic experts and a representative sample of the US population. We find a 35 percentage point difference between the two groups. This gap is only partially explained by differences in ideological or personal characteristics of the two samples. Interestingly, the difference is the largest on the questions where economists agree the most and where there is the largest amount of literature. Informing people of the expert opinions does not seem to have much of an impact. Ordinary people seem to be skeptical of the implicit assumptions embedded into the economists' answers.
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