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In terms of within-tier variation, the "excellent" group has journals whose CLm quality weight ranges from just 13.5% of the weight for the QJE all the way up to 81 % of the QJE and yet these journals are all treated as equally excellent.
It may be worth mentioning that the list includes both journals that publish refereed (AER, E, JPE, QJE, RES) and nonrefereed (JEP, JEL) articles.
Table 1 suggests that the average of the mean FRT (for new submissions when more than one figure is presented) in the top five journals (Econometrica, AER, JPE, QJE, and REStud) is 126-133 days, depending whether the turnaround time in the QJE is taken to be 47 days (all papers) or 82 days (only papers sent to referees).
But his QJE piece shows that, in at least one key theoretical essay, he employed a Wicksellian framework that incorporated natural and market rates of interest as well as an endogenous stock of inside, loan-created money to determine the price level.
That is, citations by general interest journals such as the AER, JPE, QJE, RES, IER, E J, and so on, do not count in the ranking exercise.
Conviction totals have been calculated from several sources, including: WYAS-RD, Wakefield Headquarters, QE15, Memoranda of Summary Convictions; CRO, Chester, QJE Quarter Sessions Files, 1785-1800; Manchester Central Library, Archives Department, ms.
438 ff (1891) was criticized by Pigou (Cambridge) in QJE, Vol.
The 1986 QJE paper on labour market sex discrimination and product market concentration in the banking industry, co-authored with Timothy Hannan, is another example of a near-seminal paper; this provides telling evidence to support the view that discrimination occurs where the market fails, the source of failure in this instance being the imperfect nature of competition.
This article explores the implications of these changes by examining trends in the institutional affiliation of authors of papers published in the American Economic Review (AER), the Journal of Political Economy (JPE), and the Quarterly Journal of Economics (QJE) over the four decades since 1950.
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