Updates and announcements from the “Journal of Political Economy” | Kenneth C. Griffin Department of Economics


Posted by mheinl on February 17, 2022

Journal of Political Economy Updates and Announcements

February 2022

the Journal of Political Economy (JPE) is one of the oldest and most prestigious economics journals. The journal publishes highly selective and widely cited studies in a wide range of areas of economics. In accordance with these objectives, the JPE launches two new journals and announces changes to its editorial board and policies.

1. Launch of two new journals

The University of Chicago Press and the Kenneth C. Griffin Department of Economics at the University of Chicago are pleased to announce the establishment of two new journals in the JPE family:

The journals will publish high quality theoretical and empirical academic papers in the fields of microeconomics and macroeconomics, respectively. Journals will be vertically integrated with the Journal of Political Economy. These journals aspire to publish the highest quality research in their respective fields, apart from the best generalist journals.

Over the past decade, the number of submissions to the Journal of Political Economy more than doubled, reflecting a broader trend among academic economists. These new journals will allow a wider range of articles to be published in JPE journals, including articles deemed too specialized to fit into the Journal of Political Economy. This will allow a wider body of work by researchers to be published under the JPE banner. Vertical integration with the JPE will benefit the profession as a whole by saving referees’ time and reducing the time it takes for successful articles to be published. For more details on the submission process and integration with the JPEvisit the Macro JPE and JPE Microphone submission pages.

  • The editor of JPE Microphone is John List (University of Chicago). The editorial board is composed of Eduardo Azevedo (University of Pennsylvania), Lint Barrage (UC Santa Barbara), Anna Dreber Almenberg (Stockholm School of Economics), Matthew Grennan (Berkeley), Christian Hansen (University of Chicago) and Juanna Schrøter Joensen (University of Chicago). JPE Microphone strives to publish high-quality theoretical, empirical, and econometric research papers and replication studies that address issues relevant to microeconomics. Microeconomics is interpreted in the broadest possible sense and includes issues related to how individuals, households, firms, and governments make choices, and how those choices affect prices, resource allocation, and the people’s well-being. JPE Microphone welcomes submissions in all areas of microeconomics, including but not limited to industrial organization, labor, behavioral, experimental, environmental, urban/regional/international, public, health, and economics of development.

  • The editor of Macro JPE is Greg Kaplan (University of Chicago). The editorial board consists of Cristina Arellano (Federal Reserve Bank of Minneapolis), Anmol Bhandari (University of Minnesota), Ariel Burstein (UCLA), Chris Tonetti (Stanford University), Joe Vavra (University of Chicago). Macro JPE strives to publish high-quality theoretical and empirical research papers that address issues relevant to macroeconomics. Macroeconomics is interpreted broadly and includes issues related to the traditional macroeconomic topics of growth, fluctuations, and distribution, as well as issues that connect and interact with topics from monetary economics, economics of work, finance, trade, international economy, industrial organization. , political economy, public finance and development economics.

2. JPE Editorial updates

the JPE underwent significant changes to its editorial board in 2021. Harald Uhlig’s tenure as editor ended and Magne Mogstad took over the role on July 1. Additionally, James Heckman’s tenure as editor ended and five new editors joined the board.

The current team of writers is made up of the following ten economists:

Andrew Atkeson (UCLA), Melissa Dell (Harvard University), Emir Kamenica (Chicago, Booth), Greg Kaplan (Chicago, Econ), John List (Chicago, Econ), Lance Lochner (Western University), Magne Mogstad (Chicago, Econ ), Esteban Rossi-Hansberg (Chicago, Econ), Azeem Shaikh (Chicago, Econ) and Chad Syverson (Chicago, Booth).

Additionally, Mark Bils (University of Rochester), Leonardo Bursztyn (Chicago, Econ) and Rachel Griffith (University of Manchester) will join the editorial team in 2022. Only Chad Syverson’s tenure will end in 2022.

The expansion of the team of editors meets several objectives:

It reduces the workload for each editor and broadens the board’s expertise in more areas of economics. This allows the JPE continue to improve the quality of editorial work and reduce turnaround times. Table 1 and Figure 1 present the turnaround times of the current team of writers at JPE.

Table 1. Summary Statistics of Execution Times, Current JPE Publishers
Figure 1. Execution times, current JPE editors

Bar chart showing current JPE editor runtimes

The expansion of the team of editors has also enabled the JPE implement a stricter policy on conflicts of interest, aimed at improving transparency and help maintain trust in the editorial to treat:

“The JPE seeks to avoid conflicts of interest for editors, in which the relationship with the authors could bias the judgment of the manuscript. Therefore, editors are generally not assigned manuscripts by someone who works at the same institution as the editor, or who has served as the editor’s graduate student advisor, or where the editor has played a role to advise for the individual as a graduate student, or where the individual is an active or recent co-author of the editor, or where the editor or senior editor deems there is a problem due from another close relationship.

These changes are a direct response to the enormous growth and potential of the journal and the field of economics. the JPE is 130 years strong, and these expansions will help ensure another century of thought economic leadership.

To view this original ad, visit journals.uchicago.edu.

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