Journal of Political Economy
 | This article may require cleanup to meet Wikipedia's quality standards. The specific problem is: It is relevant but needs some cleaning up especially the section 'Notable papers'. (October 2020) |
| Discipline | Economics |
|---|---|
| Language | English |
| Edited by | Magne Mogstad |
| Publication details | |
| History | 1892–present |
| Publisher | University of Chicago Press for the University of Chicago Department of Economics and the University of Chicago Booth School of Business |
| Frequency | Monthly |
| 9.103 (2020) | |
| Standard abbreviations | |
| ISO 4 | 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 monthly peer-reviewed academic journal published by the University of Chicago Press. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics.[1] In the past, the journal published quarterly from its introduction through 1905, ten issues per volume from 1906 through 1921, and bimonthly from 1922 through 2019. The editor-in-chief is Magne Mogstad (University of Chicago).
It is considered one of the top five journals in economics.[2]
Abstracting and indexing
The journal is abstracted and indexed in EBSCO, ProQuest, EconLit [3] , Research Papers in Economics, Current Contents/Social & Behavioral Sciences, and the Social Sciences Citation Index. According to the Journal Citation Reports, the journal has a 2020 impact factor of 9.103, ranking it 4/376 journals in the category "Economics".[4]
The journal is department-owned University of Chicago journal.[5]
Notable papers
Among the most influential papers that appeared in the Journal of Political Economy are:[6]
- "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.[7]
- "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.[8]
- "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.[9]
- "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.[10][11]
- "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.[12]
- "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.[13]
- "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.[14]
References
- ^ Ross B. Emmett (ed.), The Chicago Tradition in Economics 1892–1945, Taylor & Francis, 2002, p. xix.
- ^ Casselman, Ben; Tankersley, Jim (2020-06-10). "Economics, Dominated by White Men, Is Roiled by Black Lives Matter". The New York Times. ISSN 0362-4331. Retrieved 2020-06-11.
- ^ "Journals Indexed". EconLit. American Economic Association. Retrieved 2022-02-25.
- ^ "Journals Ranked by Impact: Economics". 2020 Journal Citation Reports. Web of Science (Social Sciences ed.). Thomson Reuters. 2021.
- ^ Economics; Science (2020-06-10). "Should departments own and control journals?". Marginal REVOLUTION. Retrieved 2020-06-11.
- ^ 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 978-0-393-31218-8.
- ^ 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 978-0-631-17263-5.
- ^ 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 978-0-582-07378-4.
- ^ Romer, David (2011). Advanced Macroeconomics (Fourth ed.). New York: McGraw-Hill. ISBN 9780073511375.
- ^ Fujita, M.; Thisse, J.-F. (2002). "Industrial agglomeration under monopolistic competition". Economics of Agglomeration: Cities, Industrial Location and Regional Growth. Cambridge University Press. ISBN 978-0521805247.