Journal of Political Economy
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| Discipline | Economics |
|---|---|
| Language | English |
| Edited by | Harald Uhlig |
| Publication details | |
Publication history | 1892–present |
| Publisher | University of Chicago Press (United States) |
| Frequency | Bimonthly |
| 5.247 | |
| Standard abbreviations | |
| J. Political Econ. | |
| Indexing | |
| CODEN | JLPEAR |
| ISSN | 0022-3808 (print) 1537-534X (web) |
| LCCN | 08001721 |
| JSTOR | 00223808 |
| OCLC no. | 300934604 |
| Links | |
)The Journal of Political Economy is a bimonthly peer-reviewed academic journal published by the University of Chicago Press. It covers both theoretical and empirical economics. It was established in 1892 by James Laurence Laughlin.[1]
Its current editor-in-chief is Harald Uhlig (University of Chicago).
Abstracting and indexing[edit]
The journal is abstracted and indexed in:
- EBSCO databases
- ProQuest
- Research Papers in Economics
- Current Contents/Social & Behavioral Sciences
- Social Sciences Citation Index
According to the Journal Citation Reports, the journal has a 2017 impact factor of 5.247, ranking it 18th out of 353 journals in the category "Economics".[2]
Notable papers[edit]
Among the most influential papers that appeared in the Journal of Political Economy are[3]:
- "The Economics of Exhaustible Resources", by Harold Hotelling; Vol. 39, No. 2 (1931), pp. 137–175. JSTOR 1822328
- ... stated Hotelling's rule, laid foundations to non-renewable resource economics.[4]
- "A Pure Theory of Local Expenditures", by Charles Tiebout; Vol. 64, No. 5 (1956), pp. 416–424. JSTOR 1826343
- ... suggested non-political solutions to the free rider problem in local governance.[citation needed]
- "The Economics of Slavery in the Ante Bellum South", by Alfred H. Conrad and John R. Meyer; Vol. 66, No. 2 (1958), pp. 95–130. JSTOR 1827270
- ... first to apply econometric methods to a historic question, which triggered the development of Cliometrics.[5]
- "The Pricing of Options and Corporate Liabilities", by Fischer Black and Myron Scholes; Vol. 81, No. 3 (1973), pp. 637–654. JSTOR 1831029
- ... highly influential for introducing the Black–Scholes model for option pricing.[6]
- "Are Government Bonds Net Wealth?", by Robert Barro; Vol. 82, No. 6 (1974), pp. 1095–1117. JSTOR 1830663
- ... re-introduced the Ricardian equivalence to macroeconomics, pointing out flaws in Keynesian theory.[7][8]
- "Rules Rather than Discretion: The Inconsistency of Optimal Plans", by Finn E. Kydland and Edward C. Prescott; Vol. 85, No. 3 (1977), pp. 473–492. JSTOR 1830193
- ... influential new classical critique of Keynesian macroeconomic modelling.[9]
- "Bank Runs, Deposit Insurance, and Liquidity", by Douglas W. Diamond and Philip H. Dybvig; Vol. 91, No. 3 (1983), pp. 401–419. JSTOR 1837095
- ... developed a standard model of bank runs known as the Diamond–Dybvig model.[citation needed]
- "Endogenous Technological Change", by Paul M. Romer; Vol. 98, No. 5, (1990) pp. S71–S102. JSTOR 2937632
- ... the second of two papers in which Romer laid foundations to the endogenous growth theory.[10]
- "Increasing Returns and Economic Geography", by Paul Krugman; Vol. 99, No. 3 (1991), pp. 483–499. JSTOR 2937739
- ... revived the field of economic geography, introducing the core–periphery model.[11][12]
- "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy", by Lawrence J. Christiano, Martin Eichenbaum, and Charles L. Evans; Vol. 113, No. 1 (February 2005), pp. 1–45 JSTOR 426038
- ... the canonical New Keynesian macroeconomic model; basis for the later Smets–Wouters model that has become the standard at central banks.
References[edit]
- ^ Ross B. Emmett (ed.), The Chicago Tradition in Economics 1892-1945, Taylor & Francis, 2002, p. xix.
- ^ "Journals Ranked by Impact: Economics". 2017 Journal Citation Reports. Web of Science (Social Sciences ed.). Thomson Reuters. 2018.
- ^ Amiguet, Lluis; Gil-Lafuente, Anna M.; Kydland, Finn E.; Merigo, Jose M. (2017). "One Hundred Twenty-Five Years of the Journal of Political Economy: A Bibliometric Overview". Journal of Political Economy. 125. ISSN 1537-534X.
- ^ Devarajan, Shantayanan; Fisher, Anthony C. (1981). "Hotelling's 'Economics of Exhaustible Resources': Fifty Years Later". Journal of Economic Literature. 19 (1): 65–73. JSTOR 2724235.
- ^ Fogel, Robert William; Engerman, Stanley L. (1989). "Slavery and the Cliometric Revolution". Time on the Cross: The Economics of American Negro Slavery. New York: W. W. Norton. ISBN 0-393-31218-6.
- ^ Read, Colin (2012). The Rise of the Quants: Marschak, Sharpe, Black, Scholes and Merton. London: Palgrave Macmillan. ISBN 9780230274174.
- ^ Hoover, Kevin D. (1988). The New Classical Macroeconomics. Oxford: Basil Blackwell. pp. 140–149. ISBN 0-631-17263-7.
- ^ White, Lawrence H. (2012). "From Pleasant Deficit Spending to Unpleasant Sovereign Debt Crisis". The Clash of Economic Ideas: The Great Policy Debates and Experiments of the Last Hundred Years. Cambridge University Press. pp. 382–411. ISBN 9781107012424.
- ^ Thomas, R. L. (1993). Introductory Econometrics: Theory and Applications (2nd ed.). Harlow: Longman. p. 420. ISBN 0-582-07378-2.
- ^ Romer, David (2011). Advanced Macroeconomics (Fourth ed.). New York: McGraw-Hill. ISBN 9780073511375.
- ^ Krugman, P. (1998). "What's New About the New Economic Geography?". Oxford Review of Economic Policy. 14 (2): 7–17. doi:10.1093/oxrep/14.2.7.
- ^ Fujita, M.; Thisse, J.-F. (2002). "Industrial agglomeration under monopolistic competition". Economics of Agglomeration: Cities, Industrial Location and Regional Growth. Cambridge University Press. ISBN 0521805244.
External links[edit]
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