Economics Job Market Rumors Topic: There is almost no correlation between gpa and success in research
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research
Economics Job Market Rumors Topic: There is almost no correlation between gpa and success in researchen-USTue, 27 Oct 2020 16:05:45 +0000http://bbpress.org/?v=1.0.2<![CDATA[Search]]>q
https://www.econjobrumors.com/search.php
Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217615
Wed, 20 Nov 2019 14:48:35 +0000Economist5217615@https://www.econjobrumors.com/<p>sad for people with strong GPAs but end up outside theory because nobody told them what to do in undergrad</p>
<blockquote><p>The problem is that people with strong GPAs who are very good at maths tend to become theorists, and it is very hard to have a successful academic career as a theorist. Those with relatively weak GPAs who are not very good at maths do simple regressions and tell cute stories, and can have a very successful academic career. I would be much more interested on correlations conditional on field (theory, econometric theory, macro, empirical micro, development, etc.) My guess would be that conditional on the field, the correlation between GPA and academic success is strong in fields such as theory, econometric theory, macro, and that the correlation is weak in empirical fields. Add the self-selection effect mentioned above, and the total unconditional effect will be close to zero.
</p></blockquote>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217612
Wed, 20 Nov 2019 14:42:54 +0000Economist5217612@https://www.econjobrumors.com/<p>The problem is that people with strong GPAs who are very good at maths tend to become theorists, and it is very hard to have a successful academic career as a theorist. Those with relatively weak GPAs who are not very good at maths do simple regressions and tell cute stories, and can have a very successful academic career. I would be much more interested on correlations conditional on field (theory, econometric theory, macro, empirical micro, development, etc.) My guess would be that conditional on the field, the correlation between GPA and academic success is strong in fields such as theory, econometric theory, macro, and that the correlation is weak in empirical fields. Add the self-selection effect mentioned above, and the total unconditional effect will be close to zero.
</p>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217533
Wed, 20 Nov 2019 13:52:02 +0000Economist5217533@https://www.econjobrumors.com/<blockquote><p>The lack of correlation between econ school GPA and future academic career outcomes is laughable by itself. Can you imagine a star mathematician who couldn't pass Calculus I, but somehow invents a new field of mathematics? Can you imagine a physicist who doesn't know F = ma, but somehow discovers a new branch of particle physics?
</p></blockquote>
<p>You're right here, but let's also not pretend like the reg y x people need any of the things taught to them in grad school. Many of the treatment effect papers have a "model" that's perhaps one needlessly verbose paragraph and the rest of the paper is massaging the data and presenting pretty pictures. You don't need any level of mathematical sophistication for that. And this is what dominates all of economics nowadays.
</p>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217144
Wed, 20 Nov 2019 05:17:16 +0000Economist5217144@https://www.econjobrumors.com/<p>lmtfy</p>
<blockquote><p>Where do you get these stories from? Sounds completely made up. </p>
<blockquote><p>Steven Smales actually was like this, nearly failing several upper-level mathematics classes (but getting an A in a freshman honors calculus course), but going on to win a Field's medal.</p>
<blockquote><p>The lack of correlation between econ school GPA and future academic career outcomes is laughable by itself. Can you imagine a star mathematician who couldn't pass Calculus I, but somehow invents a new field of mathematics? Can you imagine a physicist who doesn't know F = ma, but somehow discovers a new branch of particle physics?<br />
The mere statement that there's low correlation between course performance in econ and future econ academic papers simply suggests that econ grad school serves nothing more than a signalling device. Perhaps these arguments also contribute to explaining why economists are so obsessed with school and journal rankings. Is it because there's really nothing objective to measure us upon?<br />
</blockquote>
</blockquote></blockquote>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217131
Wed, 20 Nov 2019 05:08:36 +0000Economist5217131@https://www.econjobrumors.com/<p>Where do you get these stories from? Sounds completely made up. </p>
<blockquote><p>Steven Smales actually was like this, nearly failing several upper-level mathematics classes (but getting an A in a freshman honors calculus course), but going on to win a Field's medal.</p>
<blockquote><p>The lack of correlation between econ school GPA and future academic career outcomes is laughable by itself. Can you imagine a star mathematician who couldn't pass Calculus I, but somehow invents a new field of mathematics? Can you imagine a physicist who doesn't know F = ma, but somehow discovers a new branch of particle physics?<br />
The mere statement that there's low correlation between course performance in econ and future econ academic papers simply suggests that econ grad school serves nothing more than a signalling device. Perhaps these arguments also contribute to explaining why economists are so obsessed with school and journal rankings. Is it because there's really nothing objective to measure us upon?<br />
</blockquote></blockquote>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217098
Wed, 20 Nov 2019 04:40:45 +0000Economist5217098@https://www.econjobrumors.com/<blockquote><p>Steven Smales actually was like this, nearly failing several upper-level mathematics classes (but getting an A in a freshman honors calculus course), but going on to win a Field's medal.
</p></blockquote>
<p>Here's another way to put it. Did Smales use any prerequisite materials from undergrad math courses in his Fields medal winning work? Insert your favorite EJMR real analysis joke here, but there out to be some element of analysis, algebra, topology, etc. in his work. That is to say, the work he writes builds explicitly upon prerequisite materials. </p>
<p>Can you say the same about modern day econ? As other posters have already mentioned, you can literally scrape through and have no understanding of the core micro / macro / econometrics and still get a top 5. For most empirical work these days, other than OLS --- which, let's be honest, isn't really grad school stuff unless you get into its basic asymptotic properties --- how much more do you really need to know before "coming up with economic ideas" these days?
</p>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217077
Wed, 20 Nov 2019 04:17:59 +0000Economist5217077@https://www.econjobrumors.com/<p>but of course he is the exception proving the rule</p>
<blockquote><p>Steven Smales actually was like this, nearly failing several upper-level mathematics classes (but getting an A in a freshman honors calculus course), but going on to win a Field's medal.</p>
<blockquote><p>The lack of correlation between econ school GPA and future academic career outcomes is laughable by itself. Can you imagine a star mathematician who couldn't pass Calculus I, but somehow invents a new field of mathematics? Can you imagine a physicist who doesn't know F = ma, but somehow discovers a new branch of particle physics?<br />
The mere statement that there's low correlation between course performance in econ and future econ academic papers simply suggests that econ grad school serves nothing more than a signalling device. Perhaps these arguments also contribute to explaining why economists are so obsessed with school and journal rankings. Is it because there's really nothing objective to measure us upon?<br />
</blockquote></blockquote>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5217075
Wed, 20 Nov 2019 04:17:27 +0000Economist5217075@https://www.econjobrumors.com/<p>Steven Smales actually was like this, nearly failing several upper-level mathematics classes (but getting an A in a freshman honors calculus course), but going on to win a Field's medal.</p>
<blockquote><p>The lack of correlation between econ school GPA and future academic career outcomes is laughable by itself. Can you imagine a star mathematician who couldn't pass Calculus I, but somehow invents a new field of mathematics? Can you imagine a physicist who doesn't know F = ma, but somehow discovers a new branch of particle physics?<br />
The mere statement that there's low correlation between course performance in econ and future econ academic papers simply suggests that econ grad school serves nothing more than a signalling device. Perhaps these arguments also contribute to explaining why economists are so obsessed with school and journal rankings. Is it because there's really nothing objective to measure us upon?
</p></blockquote>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5216991
Wed, 20 Nov 2019 03:39:21 +0000Economist5216991@https://www.econjobrumors.com/<p>I remember during my undergrad thesis there were many straight A students with absolutely horrible research projects. And these were often really eager students that wanted to do well. I was a good student as well, but I attendant seminars and read lots of research before writing my thesis. I don't think it is obvious just from grades who can do research.
</p>Economist on "There is almost no correlation between gpa and success in research"
https://www.econjobrumors.com/topic/there-is-almost-no-correlation-between-gpa-and-success-in-research/page/2#post-5216917
Wed, 20 Nov 2019 02:48:54 +0000Economist5216917@https://www.econjobrumors.com/<p>Of course, those who care the most about research shirk the most in first two years of grad school so that they have time to do research. This is optimal.
</p>