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Journal of Financial Economics
H-index 62

Journal of Financial Economics

Ranking & Metrics

Discipline name Position Best Scientists Publications D-Index
Economics and Finance 4 152 199 61

Additional Metrics

Number of Best Scientists*: 169
Documents by Best Scientists*: 213
Top 100 Ranked Scientists*: 15
SCIMAGO H-index: 331
SCIMAGO SJR: 17.669
Impact Factor: 12

Overview

Top Research Topics at Journal of Financial Economics?

Journal of Financial Economics generally zeroes in on subjects such as Monetary economics, Econometrics, Financial economics, Finance and Equity (finance). While Journal of Financial Economics focused on Monetary economics, it was also able to explore topics like Shareholder, Capital (economics), Investment (macroeconomics) and Debt. In Journal of Financial Economics, researchers investigate the Shareholder study as part of research in the field of Corporate governance.

The Corporate governance study featured in it draws parallels with the field of Accounting. Discussions in the journal are anchored in the subject of Econometrics and the similar topic of Portfolio. Studies on Financial economics discussed in the journal link to the field of Dividend.

The work on Finance addressed in Journal of Financial Economics expands to the thematically related Incentive.

  • Monetary economics (33.16%)
  • Econometrics (19.49%)
  • Financial economics (16.18%)

What are the most cited papers published in the journal?

  • Theory of the firm: Managerial behavior, agency costs and ownership structure (44367 citations)
  • Common risk factors in the returns on stocks and bonds (17240 citations)
  • Corporate financing and investment decisions when firms have information that investors do not have (12750 citations)

Research areas of the most cited articles at Journal of Financial Economics:

Monetary economics, Econometrics, Financial economics, Finance and Shareholder are the main subjects of interest in the journal articles. In addition to Monetary economics research, the published articles aim to explore topics under Dividend, Capital structure, Equity (finance) and Financial system. While Financial economics is the focus of the most cited papers, it also provides insights into the studies of Earnings, Stock price and Common stock.

What topics the last edition of the journal is best known for?

  • Law
  • Finance
  • Statistics

The previous edition focused in particular on these issues:

The discussions in Journal of Financial Economics mainly cover the fields of Monetary economics, Econometrics, Equity (finance), Market liquidity and Investment (macroeconomics). While work presented in Journal of Financial Economics provided substantial information on Monetary economics, it also covered topics in Capital (economics), Volatility (finance), Stock market, Portfolio and Bond. Bond research is concerned with Corporate bond in particular.

It explores research in Econometrics and the adjacent study of Currency.

The most cited articles from the last journal are:

  • Corporate immunity to the COVID-19 pandemic (59 citations)
  • Corporate green bonds (58 citations)
  • Sustainable investing in equilibrium (50 citations)

Papers citation over time

A key indicator for each journal is its effectiveness in reaching other researchers with the papers published at that venue.

The chart below presents the interquartile range (first quartile 25%, median 50% and third quartile 75%) of the number of citations of articles over time.

The top authors publishing in Journal of Financial Economics (based on the number of publications) are:

  • René M. Stulz (40 papers) published 4 papers at the last edition, 3 more than at the previous edition,
  • Eugene F. Fama (23 papers) absent at the last edition,
  • Harry DeAngelo (22 papers) absent at the last edition,
  • Avanidhar Subrahmanyam (19 papers) published 1 paper at the last edition,
  • Richard Roll (18 papers) absent at the last edition.

The overall trend for top authors publishing in this journal is outlined below. The chart shows the number of publications at each edition of the journal for top authors.

Only papers with recognized affiliations are considered

The top affiliations publishing in Journal of Financial Economics (based on the number of publications) are:

  • National Bureau of Economic Research (219 papers) published 27 papers at the last edition, 15 more than at the previous edition,
  • Harvard University (197 papers) published 12 papers at the last edition, 3 more than at the previous edition,
  • University of Chicago (184 papers) published 11 papers at the last edition, 2 more than at the previous edition,
  • University of Pennsylvania (171 papers) published 14 papers at the last edition, 11 more than at the previous edition,
  • New York University (162 papers) published 13 papers at the last edition, 10 more than at the previous edition.

The overall trend for top affiliations publishing in this journal is outlined below. The chart shows the number of publications at each edition of the journal for top affiliations.

Publication chance based on affiliation

The publication chance index shows the ratio of articles published by the best research institutions in the journal edition to all articles published within that journal. The best research institutions were selected based on the largest number of articles published during all editions of the journal.

The chart below presents the percentage ratio of articles from top institutions (based on their ranking of total papers).Top affiliations were grouped by their rank into the following tiers: top 1-10, top 11-20, top 21-50, and top 51+. Only articles with a recognized affiliation are considered.

During the most recent 2021 edition, 1.60% of publications had an unrecognized affiliation. Out of the publications with recognized affiliations, 27.92% were posted by at least one author from the top 10 institutions publishing in the journal. Another 14.29% included authors affiliated with research institutions from the top 11-20 affiliations. Institutions from the 21-50 range included 28.25% of all publications and 29.55% were from other institutions.

Returning Authors Index

A very common phenomenon observed among researchers publishing scientific articles is the intentional selection of journals they have already attended in the past. In particular, it is worth analyzing the case when the authors participate in the same journal from year to year.

The Returning Authors Index presented below illustrates the ratio of authors who participated in both a given as well as the previous edition of the journal in relation to all participants in a given year.

Returning Institution Index

The graph below shows the Returning Institution Index, illustrating the ratio of institutions that participated in both a given and the previous edition of the conference in relation to all affiliations present in a given year.

The experience to innovation index

Our experience to innovation index was created to show a cross-section of the experience level of authors publishing in a journal. The index includes the authors publishing at the last edition of a journal, grouped by total number of publications throughout their academic career (P) and the total number of citations of these publications ever received (C).

The group intervals were selected empirically to best show the diversity of the authors' experiences, their labels were selected as a convenience, not as judgment. The authors were divided into the following groups:

  • Novice - P < 5 or C < 25 (the number of publications less than 5 or the number of citations less than 25),
  • Competent - P < 10 or C < 100 (the number of publications less than 10 or the number of citations less than 100),
  • Experienced - P < 25 or C < 625 (the number of publications less than 25 or the number of citations less than 625),
  • Master - P < 50 or C < 2500 (the number of publications less than 50 or the number of citations less than 2500),
  • Star - P ≥ 50 and C ≥ 2500 (both the number of publications greater than 50 and the number of citations greater than 2500).

The chart below illustrates experience levels of first authors in cases of publications with multiple authors.

Enhancing Your Understanding and Application in the Field of Financial Economics

To completely comprehend financial economics and its extensive scope as featured in the Journal of Financial Economics, it is vital to look into relevant fields of study. Among these applicable studies includes Accounting, which provides a clear foundation in understanding the intricacies of Finance and Equity, as well as Monetary Economics and Econometrics. In addition to acquiring theoretical knowledge of the mentioned areas, it is fundamental to obtain an appropriate educational background. Luckily, there are renowned institutions known for extensive programs in these fields. For instance, when considering a career or advanced knowledge in accounting, one can check out the best accounting schools in Rhode Island. Further, solidifying your expertise in accounting through a CPA certification is integral. Here is how to become a CPA in Rhode Island. Apart from this, gaining practical experience through internships or trainee programs in well-established firms also enhances one's understanding and application in the field. Such experience not only prepares one for the challenges ahead but also provides insights into making informed decisions in future research studies or financial analysis. To sum up, theoretical understanding combined with practical experience and relevant certifications enhances one's depth and breadth in financial economics and its associated studies.

Top Publications

  • How much should we trust staggered difference-in-differences estimates?

    Unknown

    (2022)
    2633 Citations
  • Do Investors Care about Carbon Risk

    Patrick Bolton;Marcin Kacperczyk

    (2021)
    1205 Citations
  • Sustainable investing in equilibrium

    Lubos Pastor;Robert F Stambaugh;Lucian A Taylor

    (2021)
    1087 Citations
  • Responsible Investing: The ESG-efficient Frontier

    Lasse Heje Pedersen;Lasse Heje Pedersen;Shaun Fitzgibbons;Lukasz Pomorski

    (2021)
    1037 Citations
  • Shrinking the cross-section

    Serhiy Kozak;Stefan Nagel;Shrihari Santosh

    (2020)
    993 Citations

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Best Scientists Contributing to This Journal