| The American Economic Review | |
|---|---|
| Abbreviated title(s) | AER |
| Discipline | Economics |
| Language | English |
| Edited by | Robert A. Moffit |
| Publication details | |
| Publisher | American Economic Association (USA) |
| Publication history | 1911–present |
| Frequency | Quarterly |
| Indexing | |
| ISSN | 0002-8282 |
| Links | |
The American Economic Review (AER) is a peer-reviewed journal of economics published quarterly by the American Economic Association. First published in 1911, it is considered one of the most prestigious journals in the field.[1][2][3] The current editor is Robert A. Moffitt of Johns Hopkins University. The previous editor was Ben Bernanke.
The May issue of the American Economic Review each year is known as Papers and Proceedings. Selected papers and discussions of papers presented at the Annual Meetings of the American Economic Association are published along with reports of officers, committees, and representatives.
The following well-known articles were first published in the AER:
- "A Theory of Production" (1928), by Paul Douglas and Charles Cobb.
- "The Cost of Capital, Corporation Finance and the Theory of Investment" (1958), by Franco Modigliani and Merton Miller.
- "The role of monetary policy" (1968), by Milton Friedman.
- "De Gustibus Non Est Disputandum" (1977), by George Stigler and Gary Becker.
The journal can be accessed online via JSTOR.
Criticism
Research has been conducted on the amount of critical comments in top economic journals. Critical comments include articles categorized as comments, replies, or rejoinders. The data shows that the amount of such articles declined significantly from 1963–2004. Critics argue that critical commentary makes material more accountable to relevance and good judgment, and that the curtailment of critical commentary therefore hinders relevance and good judgment in economic research.[4]
Additional surveys of critical comments have been conducted with respect to certain countries. In 2008, a group of Australian economists confirmed the findings of Coelho, De Worken-Eley, and McClure. When plotting the percentage of critical commentary articles as a proportion of the total number of articles in Australian economics journals, data shows that critical commentary has declined significantly and circa 2008 made up less than 1% of all published articles.[5]
References
- ^ Oswald, Andrew J. (2007), "An Examination of the Reliability of Prestigious Scholarly Journals: Evidence and Implications for Decision-Makers", Economica 74 (293): 21–31.
- ^ Northrup, Cynthia Clark (2004), "American Economic Association", The American economy: a historical encyclopedia, 2, ABC-CLIO, pp. 9–10, ISBN 1576078663.
- ^ IDEAS/RePEc h-index for Journals, http://ideas.repec.org/top/top.journals.hindex.html, retrieved September 11, 2009
- ^ Coelho, Philip R. P.; Worken-Eley, Frederick De, III & McClure, James E. (2005), "Decline in Critical Commentary, 1963-2004", Econ Journal Watch 2 (2): 355–361, http://www.aier.org/ejw/archive/complete-issues/doc_view/3686-ejw-200508?tmpl=component&format=raw.
- ^ Dollery, Brian, Joel Byrnes & Galia Akimova. 2008. "The Curtailment of Critical Commentary in Australian Economics". Econ Journal Watch 5(3): 349- 351. [1]
External links
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