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*Journal of Political Economy*
Discipline	Economics
Language	English
Edited by	Harald Uhlig
Publication details
History	1892-present
Publisher	University of Chicago Press (United States)
Frequency	Bimonthly
	5.247 (2017)
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
	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] In January 2020, the journal will move to a monthly publication schedule.^[2]

Its current editor-in-chief is Harald Uhlig (University of Chicago).

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".^[3]

Notable papers

Among the most influential papers that appeared in the Journal of Political Economy are:^[4]

"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.^[5]

"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.^[6]

"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.^[7]

"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.^[8]^[9]

"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.^[10]

"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.^[11]

"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.^[12]

References

^ Ross B. Emmett (ed.), The Chicago Tradition in Economics 1892-1945, Taylor & Francis, 2002, p. xix.
^ https://www.journals.uchicago.edu/journals/jpe/pr/190524
^ "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 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.

External links

Official website

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

[2] ttps://www.journals.uchicago.edu/journals/jpe/pr/190524

[WoS1-3] "Journals Ranked by Impact: Economics". 2017 Journal Citation Reports. Web of Science (Social Sciences ed.). Thomson Reuters. 2018.

[4] 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.

[GG-5] 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.

[6] 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.

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

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

[9] 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.

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

[11] Romer, David (2011). Advanced Macroeconomics (Fourth ed.). New York: McGraw-Hill. ISBN 9780073511375.

[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.

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