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Journal of Monetary Economics
H-index 34

Journal of Monetary Economics

Ranking & Metrics

Discipline name Position Best Scientists Publications D-Index
Economics and Finance 23 125 134 34

Additional Metrics

Number of Best Scientists*: 132
Documents by Best Scientists*: 140
Top 100 Ranked Scientists*: 11
SCIMAGO H-index: 158
SCIMAGO SJR: 7.872
Impact Factor: 4.1

Overview

Top Research Topics at Journal of Monetary Economics?

The concepts of Monetary economics, Monetary policy, Econometrics, Macroeconomics and Inflation are tackled in the journal. Topics in Monetary economics were tackled in line with various other fields like Investment (macroeconomics) and Debt. Journal of Monetary Economics encompasses presentations on Monetary policy, specifically Inflation targeting, Credit channel, Monetary hegemony, New Keynesian economics and Monetary base.

While Econometrics is the focus of it, it also provided insights into the studies of Business cycle, Financial economics and Consumption (economics). The journal focuses on Inflation research as part of the broader topic of Keynesian economics.

  • Monetary economics (33.94%)
  • Monetary policy (19.97%)
  • Econometrics (19.68%)

What are the most cited papers published in the journal?

  • On the mechanics of economic development (15889 citations)
  • Staggered prices in a utility-maximizing framework (6323 citations)
  • THE EQUITY PREMIUM A Puzzle (4118 citations)

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

The journal publications facilitate discussions on Monetary economics, Econometrics, Monetary policy, Macroeconomics and Inflation. While Monetary economics is the focus of the most cited papers, it also provides insights into the studies of Capital (economics) and Investment (macroeconomics). The journal publications focus on Econometrics but the discussions also offer insight into other areas such as Business cycle, Financial economics, Consumption (economics) and General equilibrium theory.

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

  • World War II
  • Statistics
  • Finance

The previous edition focused in particular on these issues:

The journal covers a variety of subjects, including Monetary economics, Econometrics, Monetary policy, Interest rate and Inflation. While Journal of Monetary Economics focused on Monetary economics, it was also able to explore topics like Capital (economics) and Investment (macroeconomics). The journal explores topics in Econometrics which can be helpful for research in disciplines like Business cycle, Consumption (economics) and Dynamic stochastic general equilibrium.

The journal features Business cycle research that overlaps with concepts in Recession. It focused on Monetary policy research but expanded to cover Order (exchange). The journal tackles studies in Market power and the interrelated subject of Incentive to gain insights into Interest rate.

The most cited articles from the last journal are:

  • Measuring the Effects of Federal Reserve Forward Guidance and Asset Purchases on Financial Markets (30 citations)
  • Managing self-organization of expectations through monetary policy: a macro experiment (28 citations)
  • Structural scenario analysis with SVARs (20 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 Monetary Economics (based on the number of publications) are:

  • Thomas J. Sargent (23 papers) absent at the last edition,
  • Robert G. King (19 papers) absent at the last edition,
  • Bennett T. McCallum (18 papers) absent at the last edition,
  • Robert J. Barro (16 papers) absent at the last edition,
  • Richard Rogerson (16 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 Monetary Economics (based on the number of publications) are:

  • Federal Reserve System (257 papers) published 7 papers at the last edition, 4 more than at the previous edition,
  • National Bureau of Economic Research (142 papers) published 2 papers at the last edition, 2 less than at the previous edition,
  • University of Pennsylvania (139 papers) published 6 papers at the last edition the same number as at the previous edition,
  • New York University (104 papers) published 3 papers at the last edition, 1 more than at the previous edition,
  • University of Chicago (102 papers) published 8 papers at the last edition, 7 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, 10.08% of publications had an unrecognized affiliation. Out of the publications with recognized affiliations, 25.00% were posted by at least one author from the top 10 institutions publishing in the journal. Another 12.93% included authors affiliated with research institutions from the top 11-20 affiliations. Institutions from the 21-50 range included 25.86% of all publications and 36.21% 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.

Career Opportunities in Monetary Economics

Monetary economics is an ever-evolving field and studying it can open up a wealth of career opportunities. With the skills and knowledge gained from focusing on this area, you could perhaps work as an Economic Consultant, Financial Analyst, or even a Bank Officer. Other potential roles could include becoming a Policy Analyst, a Professor, or perhaps a Government Economist. Many Monetary Economists have received their education from some of the best accounting programs in Tennessee, which offer a comprehensive understanding of the subject. Such programs entail relevant courses about inflation, investment, debt, and business cycles, all of which are essential topics in Monetary Economics. Should you choose to walk this career path, opportunities to grow and learn would prove limitless, as many experienced Economists continually hone their expertise through conducting research, publishing in journals like the Journal of Monetary Economics, and attending industry conferences. Rest assured, a solid foundation in Monetary Economics can play a crucial role in fostering a successful career in the world of Business and Finance.

Top Publications

  • Measuring the Effects of Federal Reserve Forward Guidance and Asset Purchases on Financial Markets

    Eric T Swanson

    (2021)
    929 Citations
  • Kaldor and Piketty’s facts: The rise of monopoly power in the United States

    Gauti B. Eggertsson;Jacob A. Robbins;Ella Getz Wold

    (2021)
    424 Citations
  • Banks' Exposure to Interest Rate Risk and The Transmission of Monetary Policy

    Augustin Landier;David Sraer;David Thesmar

    (2021)
    296 Citations
  • Commodity-Price Comovement and Global Economic Activity

    Ron Alquist;Saroj Bhattarai;Olivier Coibion;Olivier Coibion

    (2020)
    226 Citations
  • Financial fragility in the COVID-19 crisis: The case of investment funds in corporate bond markets

    Antonio Falato;Itay Goldstein;Ali Hortaçsu

    (2021)
    137 Citations

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Best Scientists Contributing to This Journal