Fifteen years after the Global Financial Crisis: Recessions and Business Cycles in the History of Economic Thought

Literature Reviews in the History of Economics: the Case of Fama (1970)

Delcey Thomas, Université de Bourgogne

Do literature review only passively aggregate knowledge or do they play an active role in the production, dissemination, and legitimization of economic knowledge? This article studies Fama’s 1970 literature reviews on the development and the transformation of financial economics. Using both qualitative and quantitative analyses, I study how Fama’s review gathers past research and how it influences subsequent research.

Area: Eshet Conference

Keywords: Litterature review, financial economics, Fama (Eugene F.), the efficient market hypothesis

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