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THE AMERICAN ECONOMIC REVIEW is a peer-reviewed academic journal of economics . Twelve (formerly seven) issues are published annually by the American Economic Association . First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of economics. The current editor-in-chief is Esther Duflo
Esther Duflo
( MIT
MIT
). The previous editor was Pinelopi Goldberg . The journal is based in Pittsburgh
Pittsburgh
.

The May issue of the American Economic Review each year is known as "Papers and Proceedings". Selected papers and discussions of papers presented at the Annual Meetings of the American Economic Association are published along with reports of officers, committees, and representatives.

In 2004, the American Economic Review began requiring "data and code sufficient to permit replication" of a paper's results, which is then posted on the journal's website. Exceptions are made for proprietary data.

CONTENTS

* 1 Notable papers

* 1.1 Other notable papers

* 2 References * 3 External links

NOTABLE PAPERS

In 2011 a "Top 20 Committee," consisting of Kenneth Arrow , Douglas Bernheim , Martin Feldstein
Martin Feldstein
, Daniel McFadden , James M. Poterba , and Robert Solow
Robert Solow
, selected the following twenty articles to be the most important ones to appear in the journal:

* "A Theory of Production " (1928), by Paul Douglas
Paul Douglas
and Charles Cobb . * " The Use of Knowledge in Society " (1945), by F. A. Hayek * "Economic Growth and Income Inequality " (1955), by Simon Kuznets . * "The Cost of Capital, Corporation Finance and the Theory of Investment " (1958), by Franco Modigliani
Franco Modigliani
and Merton Miller . * "A Theory of Optimum Currency Areas " (1961), by Robert Mundell
Robert Mundell
. * "Uncertainty and the Welfare Economics
Economics
of Medical Care" (1963), by Kenneth Arrow . * "Capital Theory and Investment Behavior" (1963), by Dale W. Jorgenson * "National Debt in a Neoclassical Growth Model " (1965), by Peter A. Diamond . * "The Role of Monetary Policy" (1968), by Milton Friedman
Milton Friedman
. * "Migration, Unemployment and Development: A Two-Sector Analysis" (1970), by John R. Harris and Michael Todaro . * "Optimal Taxation and Public Production I: Production Efficiency" and "Optimal Taxation and Public Production II: Tax Rules" (1971), by Peter A. Diamond and James Mirrlees . * "Production, Information Costs, and Economic Organization" (1972), by Armen Alchian and Harold Demsetz . * "Some International Evidence on Output-Inflation Tradeoffs" (1973), by Robert Lucas, Jr. * "The Economic Theory of Agency: The Principal’s Problem " (1973), by Stephen A. Ross . * "The Political Economy of the Rent-Seeking Society " (1974), by Anne Osborn Krueger * "Monopolistic Competition and Optimum Product Diversity " (1977), by Avinash Dixit
Avinash Dixit
and Joseph Stiglitz
Joseph Stiglitz
. * "An Almost Ideal Demand System " (1980), by Angus Deaton
Angus Deaton
and John Muellbauer . * "On the Impossibility of Informationally Efficient Markets" (1980), by Sanford J. Grossman and Joseph E. Stiglitz. * "Scale Economies, Product Differentiation, and the Pattern of Trade " (1980), by Paul Krugman
Paul Krugman
. * "Do Stock Prices Move Too Much to Be Justified by Subsequent Changes in Dividends?" (1981), by Robert J. Shiller
Robert J. Shiller
.

Thirteen of those authors have received the Nobel Prize in Economic Sciences .

The journal can be accessed online via JSTOR
JSTOR
. In both 2006 and 2007, it was the most widely viewed journal of all the 775 journals in JSTOR.

OTHER NOTABLE PAPERS

Other notable papers from the journal include:

* " Colonial origins of comparative development " (2001), by Daron Acemoglu , Simon Johnson , and James A. Robinson . * " Growth in a Time of Debt " (2010), by Carmen Reinhart and Kenneth Rogoff .

REFERENCES

* ^ Oswald, Andrew J. (2007). "An Examination of the Reliability of Prestigious Scholarly Journals: Evidence and Implications for Decision-Makers". Economica . 74 (293): 21–31. doi :10.1111/j.1468-0335.2006.00575.x . * ^ Northrup, Cynthia Clark (2004). "American Economic Association". The American economy: a historical encyclopedia. 2. ABC-CLIO. pp. 9–10. ISBN 1-57607-866-3 . * ^ "IDEAS/RePEc h-index for Journals". Retrieved September 11, 2009 * ^ "Prestigious economics magazine calls Pittsburgh
Pittsburgh
home". Pittsburgh
Pittsburgh
Post-Gazette. April 18, 2007. * ^ http://rfe.org/showRes.php?rfe_id=189 Bernheim, B. Douglas; et al. (2011). "100 Years of the American Economic Review: The Top 20 Articles". American Economic Review. 101 (1): 1–8. doi :10.1257/aer.101.1.1 . * ^ " American Economic Association - Journals of the Association". Vanderbilt.edu. Retrieved November 10, 2010.

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