Discipline | Economics |
---|---|
Language | English |
Edited by | Erzo FP Luttmer |
Publication details | |
History | 1911–present |
Publisher | |
Frequency | Monthly |
Standard abbreviations | |
ISO 4 | Am. Econ. Rev. |
Indexing | |
ISSN | 0002-8282 |
LCCN | 11007619 |
JSTOR | 00028282 |
OCLC no. | 847300958 |
Links | |
The American Economic Review is a monthly peer-reviewed academic journal first published by the American Economic Association in 1911. The current editor-in-chief is Erzo FP Luttmer, a professor of economics at Dartmouth College. [1] The journal is based in Pittsburgh. [2]
In 2004, the American Economic Review began requiring "data and code sufficient to permit replication" of a paper's results, which is then posted on the journal's website. Exceptions are made for proprietary data. [3]
Until 2017, the May issue of the American Economic Review, titled the Papers and Proceedings issue, featured the papers presented at the American Economic Association's annual meeting that January. After being selected for presentation, the papers in the Papers and Proceedings issue did not undergo a formal process of peer review. [4] [5] [6] [7] Starting in 2018, papers presented at the annual meetings have been published in a separate journal, AEA Papers and Proceedings , which is released annually in May. [8]
The American Economic Association was founded in 1885. From 1856 until 1907 the association published the Publications of the American Economic Association. The first volume was published in six issues, from March 1886 to January 1887. The second volume in 1887–1888, and so on, until Volume XI in 1896. In that same year an issue with "General Contents and Index of Volumes I to XI" appeared. Most of the volumes contained only one text, for instance volume IV, issue 2 (April 1889) which contained an article by Sidney Webb, entitled "Socialism in England".
In December 1897, a new series started, with only two issues.
In 1900 the third series started, with four issues yearly; this lasted until 1908. [9]
For the next three years the association published what was called The Economic Bulletin. It also appeared in four issues yearly. Every issue of the Bulletin contained a section "Personal and Miscellaneous Notes" and a number of book reviews. [10]
In parallel with the Bulletin, during the years 1908 to 1910 appeared the American Economic Association Quarterly. Its header read "Formerly published under the title of Publications of the American Economic Association and the numbering continued as third series, volumes 9 to 11. [11]
In March 1911, the first issue of The American Economic Review saw the light.
In 2011 a "Top 20 Committee", consisting of Kenneth Arrow, Douglas Bernheim, Martin Feldstein, Daniel McFadden, James M. Poterba, and Robert Solow, selected the following twenty articles to be the most important ones to appear in the journal: [12]
Thirteen of those authors have received the Nobel Memorial Prize in Economic Sciences.
The journal can be accessed online via JSTOR. In both 2006 and 2007, it was the most widely viewed journal of all the 775 journals in JSTOR. [13]
Other notable papers from the journal include:
In 2016, an anonymous group of economists collaboratively wrote a note alleging academic misconduct by the authors and editor of a paper published in the American Economic Review. [14] [15] The note was published under the name Nicolas Bearbaki in homage to Nicolas Bourbaki. [16]
Kenneth Joseph Arrow was an American economist, mathematician, writer, and political theorist. Along with John Hicks, he won the Nobel Memorial Prize in Economic Sciences in 1972.
William Jack Baumol was an American economist. He was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University. He was a prolific author of more than eighty books and several hundred journal articles. He is the namesake of the Baumol effect.
Fritz Machlup was an Austrian-American economist known for his work in information economics. He was President of the International Economic Association from 1971 to 1974. He was one of the first economists to examine knowledge as an economic resource, and is credited with popularising the concept of the information society.
Sir Angus Stewart Deaton is a British-American economist and academic. Deaton is currently a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Princeton School of Public and International Affairs and the Economics Department at Princeton University. His research focuses primarily on poverty, inequality, health, wellbeing, and economic development.
The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals. There are some 23,000 members.
William Dawbney Nordhaus is an American economist. He was a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences. Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis".
Jacob Marschak was an American economist.
In economics and game theory, global games are games of incomplete information where players receive possibly-correlated signals of the underlying state of the world. Global games were originally defined by Carlsson and van Damme (1993).
Debraj Ray is an Indian-American economist, who is currently teaching and working at New York University. His research interests focus on development economics and game theory. Ray served as Co-editor of the American Economic Review between 2012 and 2020.
Public economics(or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare. Welfare can be defined in terms of well-being, prosperity, and overall state of being.
Christian Hellwig is a German economic theorist and macroeconomist who did research in the field of global games. He is the editor of the Journal of Economic Theory.
The American Economic Journal is a group of four peer-reviewed academic journals published by the American Economic Association. The names of the individual journals consist of the prefix American Economic Journal with a descriptor of the field attached. The four field journals which started in 2009 are Applied Economics, Economic Policy, Macroeconomics, and Microeconomics.
Optimal capital income taxation is a subarea of optimal tax theory which studies the design of taxes on capital income such that a given economic criterion like utility is optimized.
In economic theory, the field of contract theory can be subdivided in the theory of complete contracts and the theory of incomplete contracts.
The Exeter Prize is an economics prize of the University of Exeter Business School, which has been awarded since 2012. The Exeter Prize is awarded to the best paper published in the previous calendar year in a peer-reviewed journal in the fields of Experimental Economics, Decision Theory and Behavioural Economics.
Ebonya L. Washington is the Laurans A. and Arlene Mendelson Professor of Economics at Columbia University and a professor of public and international affairs. She is also a National Bureau of Economic Research Faculty Research Fellow in the Programs on Political Economy and the Economics of Children. She was elected to the American Academy of Arts & Sciences in 2021.
Emi Nakamura is a Canadian-American economist. She is the Chancellor's Professor of Economics at University of California, Berkeley. Nakamura is a research associate and co-director of the Monetary Economics Program of the National Bureau of Economic Research, and a co-editor of the American Economic Review.
Eric Glen Weyl is an American economist at Microsoft Research, and a co-author of the book Radical Markets: Uprooting Capitalism and Democracy for a Just Society.
Raquel Fernández is an economist and currently the Julius Silver, Roslyn S. Silver and Enid Silver Winslow Professor of Economics at New York University. She is also a fellow of the Econometric Society.
Yeon-Koo Che (Korean: 최연구) is a Korean American economist. He is the Kelvin J. Lancaster Professor of Economic Theory at Columbia University, a position he held since 2009. Prior to joining Columbia in 2005, he was a professor at University of Wisconsin-Madison.