^ it is indeed a highly liquid market with low moving costs
German Market
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Having worked both in Germany and the US: the US (=top places) is substantially more corrupted. The degree of this is often unimaginable for people working in Europe. This is part of the explanation why people in Europe still care about top 5 even though this is a sign of affiliation/nepotism more so than quality.
But my professors in Harvard were able to answer all my and other undergraduates' sophisticated statistics/monetary economics/machine learning questions which professors in Bonn failed to even remotely understand.
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I guess in Harvard there is more problem awareness in this space. they cant answer all your questions, but guys like mankiw quickly understand some of the issues with these models. in bonn only the mechanism design folks understood these points, not the professors who were supposed to.
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The academic system at the top institutions in the US is totally corrupt, a far cry from Germany (that used to be corrupt as well for decades)
German corruption is at the bottom, see karl friedrich at saarland makro. This is the reason they will never have any truly top institutions in econ
My guess is that in a few years we'll see a German excellence cluster for heterodox and behavioralThis ssems a perfectly reasonable choice of U Saarland. What kind of economist can they actually hire at all? They probably want somebody to teach bsuiness students and to stay for more than two years (not trying to move away as soon as s()he gets there). What can thea gain for hiring somebody that tries to leave asap?
Klare Befangenheit und Verstoß gegen die Berufungsrichtlinien, das ist das Problem neben der Qualität
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Welche Befangenheit?
The academic system at the top institutions in the US is totally corrupt, a far cry from Germany (that used to be corrupt as well for decades)
German corruption is at the bottom, see karl friedrich at saarland makro. This is the reason they will never have any truly top institutions in econ
My guess is that in a few years we'll see a German excellence cluster for heterodox and behavioralThis ssems a perfectly reasonable choice of U Saarland. What kind of economist can they actually hire at all? They probably want somebody to teach bsuiness students and to stay for more than two years (not trying to move away as soon as s()he gets there). What can thea gain for hiring somebody that tries to leave asap?
Klare Befangenheit und Verstoß gegen die Berufungsrichtlinien, das ist das Problem neben der Qualität
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But they placed him in on 1 before and the Verfahren had to be stopped
Why stopped?
University had to stop it for legal reasons / Befangenheit. And no kidding
Wow, so it seems Germany doesn't just have a ton of rules; it sometimes even applies them within a reasonable time frame