Journal of Political Economy
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Journal of Political Economy
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.
Its current editor-in-chief is Harald Uhlig (University of Chicago).
Abstracting and indexing
The journal is abstracted and indexed in:
According to the Journal Citation Reports, the journal has a 2014 impact factor of 3.593, ranking it 11th out of 333 journals in the category "Economics".
Among the most influential papers that appeared in the Journal of Political Economy are:
- ... stated Hotelling's rule, laid foundations to non-renewable resource economics.
- ... suggested non-political solutions to the free rider problem in local governance.
- ... first to apply econometric methods to a historic question, which triggered the development of Cliometrics.
- ... highly influential for introducing the Black-Scholes model for option pricing.
- ... re-introduced the Ricardian equivalence to macroeconomics, pointing out flaws in Keynesian theory.
- ... influential new classical critique of Keynesian macroeconomic modelling.
- ... developed a standard model of bank runs known as the Diamond-Dybvig model.
- ... the second of two papers in which Romer laid foundations to the endogenous growth theory.
- ... revived the field of economic geography, introducing the core-periphery model.
- ... the canonical New Keynesian macroeconomic model; basis for the later Smets-Wouters model that has become the standard at central banks.
- ^ Ross B. Emmett (ed.), The Chicago Tradition in Economics 1892-1945, Taylor & Francis, 2002, p. xix.
- ^ "Journals Ranked by Impact: Economics". 2014 Journal Citation Reports. Web of Science (Social Sciences ed.). Thomson Reuters. 2015.
- ^ 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.
- ^ 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.