Journal of Monetary Economics

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<span class="mw-page-title-main">Robert Lucas Jr.</span> American economist

Robert Emerson Lucas Jr. is an American economist at the University of Chicago, where he is currently the John Dewey Distinguished Service Professor Emeritus in Economics and the College. Widely regarded as the central figure in the development of the new classical approach to macroeconomics, he received the Nobel Prize in Economics in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy". He has been characterized by N. Gregory Mankiw as "the most influential macroeconomist of the last quarter of the 20th century." As of 2020, he ranks as the 11th most cited economist in the world.

Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions, and it considers how money can gain acceptance purely because of its convenience as a public good. The discipline has historically prefigured, and remains integrally linked to, macroeconomics. This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects.

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Elsevier is a Dutch academic publishing company specializing in scientific, technical, and medical content. Its products include journals such as The Lancet, Cell, the ScienceDirect collection of electronic journals, Trends, the Current Opinion series, the online citation database Scopus, the SciVal tool for measuring research performance, the ClinicalKey search engine for clinicians, and the ClinicalPath evidence-based cancer care service. Elsevier's products and services include digital tools for data management, instruction, research analytics, and assessment.

The Lucas critique, named for American economist Robert Lucas's work on macroeconomic policymaking, argues that it is naive to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data. More formally, it states that the decision rules of Keynesian models—such as the consumption function—cannot be considered as structural in the sense of being invariant with respect to changes in government policy variables. The Lucas critique is significant in the history of economic thought as a representative of the paradigm shift that occurred in macroeconomic theory in the 1970s towards attempts at establishing micro-foundations.

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<span class="mw-page-title-main">Edward C. Prescott</span> American economist (1940–2022)

Edward Christian Prescott was an American economist. He received the Nobel Memorial Prize in Economics in 2004, sharing the award with Finn E. Kydland, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles". This research was primarily conducted while both Kydland and Prescott were affiliated with the Graduate School of Industrial Administration at Carnegie Mellon University. According to the IDEAS/RePEc rankings, he was the 19th most widely cited economist in the world in 2013. In August 2014, Prescott was appointed an Adjunct Distinguished Economic Professor at the Australian National University (ANU) in Canberra, Australia. Prescott died of cancer on November 6, 2022, at the age of 81.

Nancy Laura Stokey has been the Frederick Henry Prince Distinguished Service Professor of Economics at the University of Chicago since 1990 and focuses particularly on mathematical economics while recently conducting research about Growth Theory, economic dynamics, and fiscal/monetary policy. She earned her BA in economics from the University of Pennsylvania in 1972 and her PhD from Harvard University in 1978, under the direction of thesis advisor Kenneth Arrow. She is a Fellow of the Econometric Society, the American Academy of Arts and Sciences and the National Academy of Sciences. She previously served as a co editor of Econometrica and was a member of the Expert Panel of the Copenhagen Consensus. She received her Honorary Doctor of Laws (L.L.D) in 2012 from the University of Western Ontario. Much of her work has been done by digesting economic dynamics, which most of this work is done as an expositor. She spent a great deal of time recently researching growth theory, economic dynamics, as well as fiscal and monetary policy.

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John Brian Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P. Shultz Senior Fellow in Economics at Stanford University's Hoover Institution.

<span class="mw-page-title-main">Charles Plosser</span> American economist

Charles Irving Plosser is a former president of the Federal Reserve Bank of Philadelphia who served from August 1, 2006, to March 1, 2015. An academic macroeconomist, he is well known for his work on real business cycles, a term which he and John B. Long, Jr. coined. Specifically, he wrote along with Charles R. Nelson in 1982 an influential work entitled "Trends and Random Walks in Macroeconomic Time Series" in which they dealt with the hypothesis of permanent shocks affecting the aggregate product (GDP).

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Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik is a peer-reviewed academic journal covering economic and social policy issues in Germany or affecting Germany. It also publishes topics of the European Union in the fields of trade, econometrics, environment, and monetary policy. The editor-in-chief is Jun.-Prof. Dr. Christian Breuer and it is published by Springer Science+Business Media. The journal is an official publication of the German National Library of Economics (ZBW). It was established in 1916 and is one of the oldest academic economics journals.

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The Journal of Accounting and Public Policy is a bimonthly peer-reviewed academic journal covering the interaction between accounting and public policy. It was established in 1982 by Elsevier, who continue to publish it today. The editor-in-chief is Marco Trombetta.

Policy Sciences is a quarterly peer-reviewed academic journal covering issues and practices in the policy studies. It was established in 1970 and is published by Springer Science+Business Media on behalf of the Society of Policy Scientists. The editor-in-chief is Michael P. Howlett.

The Journal of Public Economics is a monthly peer-reviewed academic journal covering public economics, with particular emphasis on the application of modern economic theory and methods of quantitative analysis. It provides a forum for discussion of public policy of interest to an international readership. It was established in 1972 by Tony Atkinson and is published by Elsevier. The current editors-in-chief are John Friedman and Wojciech Kopczuk. According to the Journal Citation Reports, the journal has a 2019 impact factor of 2.218.

Adele Cecile Morris is a senior fellow and policy director for Climate and Energy Economics at the Brookings Institution. Her expertise and interests include the economics of policies related to climate change, energy, natural resources, tax policy, and public finance. She was an unpaid advisor to the Hillary for America campaign.

Marvin Seth Goodfriend was an American economist. He held the Allan H. Meltzer Professorship in economics at Carnegie Mellon University; he was previously the director of research at the Federal Reserve Bank of Richmond. Following his 2017 nomination to the Federal Reserve Board of Governors, the White House decided to forgo renominating Goodfriend at the beginning of the new term.

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References

  1. "Merging CRCSPP into the Journal of Monetary Economics" Elsevier
  2. Carnegie-Rochester Conference Series on Public Policy volume 55 OCLC   166695140
  3. "Journal of Monetary Economics". 2020 Journal Citation Reports. Web of Science (Science ed.). Thomson Reuters. 2021.
  4. "Editorial Board – Journal of Monetary Economics – Journal – Elsevier".
  5. Klaus Ritzberger (November 2008). "A Ranking of Journals in Economics and Related Fields" (PDF). German Economic Review . 9 (4). doi:10.1111/j.1468-0475.2008.00447.x. S2CID   154677808.