NOBEL PRIZE IN ECONOMICS 2024 FOR DARON ACEMOGLU, SIMON JOHNSON, AND JAMES A. ROBINSON: SOME NOTES

Authors

  • Roland EISEN J.-W. Goethe University, Frankfurt am Main, Germany

DOI:

https://doi.org/10.35774/jee2024.04.714

Keywords:

automation, democracy, inclusive and extractive institutions, Nobel laureates, technological change.

Abstract

The article systematically presents the scientific achievements of the 2024 Nobel Prize winners Daron Acemoglu, Simon Johnson and James A. Robinson. The main directions of theoretical and applied development of the key provisions of their research results are formulated.

Author Biography

Roland EISEN, J.-W. Goethe University, Frankfurt am Main, Germany

Doctor of Economics, Professor Emeritus 

References

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Acemoglu, D. (1999). Changes in unemployment and wage inequality: An alternative theory and some evidence. American Economic Review, 89(5), 1259– 1278.

Acemoglu, D. (2002). Directed technical change. Review of Economic Studies, 69(4), 781–810.

Acemoglu, D. (2002). Technical change, inequality, and the labor market. Journal of Economic Literature, 40(1), 7–72.

Acemoglu, D. (2003). Labor and capital augmenting technical change. Journal of the European Economic Association, 1(1), 1–37.

Acemoglu, D., & Johnson, S. (2023). Power and progress: Our thousand-year struggle over technology and prosperity. New York, NY: Hachette Book Group.

Acemoglu, D., & Restrepo, P. (2018). The race between machine and man: Implications of technology for growth, factor shares, and employment. American Economic Review, 108(6), 1488–1542.

Acemoglu, D., & Restrepo, P. (2019). Automation and new tasks: How technology changes labor demand. Journal of Economic Perspectives, 33(2), 3–30.

Acemoglu, D., & Restrepo, P. (2020). Robots and jobs: Evidence from the U.S. labor markets. Journal of Political Economy, 128(6), 2188–2244.

Acemoglu, D., & Restrepo, P. (2022). Tasks, automation, and the rise in U.S. wage inequality. Econometrica, 90(5), 1973–2016.

Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: The origins of power, prosperity, and poverty. London, England: Profile Books Ltd and Random House.

Acemoglu, D., Johnson, S., & Robinson, J. A. (2001). The colonial origins of comparative development: An empirical investigation. American Economic Review, 91(5), 1369–1401.

Acemoglu, D., Johnson, S., & Robinson, J. A. (2002). Reversal of fortune: Geography and institutions in the making of the modern world income distribution. Quarterly Journal of Economics, 118(4), 1231–1294.

Acemoglu, D., Johnson, S., & Robinson, J. A. (2005). Institutions as the fundamental cause of long-run growth. In P. Aghion & S. N. Durlauf (Eds.), Handbook of economic growth, 1A, 385–472. Amsterdam, Netherlands: North-Holland.

Frey, C. B., & Osborne, M. A. (2017). The future of employment: How susceptible are jobs to computerisation? Technological Forecasting and Social Change, 114, 254–280.

Hagelücken, A. (2024, October 15). Demokratie ist gut fürs Wachstum [Democracy is good for growth]. Süddeutsche Zeitung, 238, 13.

North, D. C. (1991). Institutions. Journal of Economic Perspectives, 5(1), 97–112.

Uzawa, H. (1965). Optimal technical change in an aggregative model of economic growth. International Economic Review, 6(1), 18–31.

Received: December 2, 2024.

Reviewed: December 5, 2024.

Accepted: December 9, 2024.

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Published

01.12.2024

How to Cite

EISEN, Roland. “NOBEL PRIZE IN ECONOMICS 2024 FOR DARON ACEMOGLU, SIMON JOHNSON, AND JAMES A. ROBINSON: SOME NOTES”. Journal of European Economy, vol. 23, no. 4, Dec. 2024, pp. 714-8, doi:10.35774/jee2024.04.714.

Issue

Section

NOBEL PRIZE WINNERS