Journal of Political Economy


































































Journal of Political Economy  
Discipline Economics
Language English
Edited by Harald Uhlig
Publication details
Publication history
 1892–present
Publisher

University of Chicago Press (United States)
Frequency Bimonthly

Impact factor
(2017)
 5.247
Standard abbreviations
ISO 4 (alt) · Bluebook (alt1 · alt2)
NLM (alt) · MathSciNet (alt Paid subscription required)
ISO 4
 J. Political Econ.
Indexing
MIAR
CODEN JLPEAR
ISSN
0022-3808 (print)
1537-534X (web)
LCCN 08001721
JSTOR 00223808
OCLC no. 300934604
Links


  • Journal homepage

  • Online archive

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).




Contents






  • 1 Abstracting and indexing


  • 2 Notable papers


  • 3 References


  • 4 External links





Abstracting and indexing


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


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





  1. ^ Ross B. Emmett (ed.), The Chicago Tradition in Economics 1892-1945, Taylor & Francis, 2002, p. xix.


  2. ^ "Journals Ranked by Impact: Economics". 2017 Journal Citation Reports. Web of Science (Social Sciences ed.). Thomson Reuters. 2018..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"""""""'""'"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  3. ^ 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.


  4. ^ 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.


  5. ^ 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.


  6. ^ Read, Colin (2012). The Rise of the Quants: Marschak, Sharpe, Black, Scholes and Merton. London: Palgrave Macmillan. ISBN 9780230274174.


  7. ^ Hoover, Kevin D. (1988). The New Classical Macroeconomics. Oxford: Basil Blackwell. pp. 140–149. ISBN 978-0-631-17263-5.


  8. ^ 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.


  9. ^ Thomas, R. L. (1993). Introductory Econometrics: Theory and Applications (2nd ed.). Harlow: Longman. p. 420. ISBN 978-0-582-07378-4.


  10. ^ Romer, David (2011). Advanced Macroeconomics (Fourth ed.). New York: McGraw-Hill. ISBN 9780073511375.


  11. ^ Krugman, P. (1998). "What's New About the New Economic Geography?". Oxford Review of Economic Policy. 14 (2): 7–17. CiteSeerX 10.1.1.460.9061. doi:10.1093/oxrep/14.2.7.


  12. ^ 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.




External links


  • Official website









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