THE AMERICAN ECONOMIC REVIEW is a peer-reviewed academic journal of
economics . Twelve (formerly seven) issues are published annually by
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 (
MIT ). The previous editor was
Pinelopi Goldberg . The
journal is based in
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
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
* 1 Notable papers
* 1.1 Other notable papers
* 2 References
* 3 External links
In 2011 a "Top 20 Committee," consisting of
Kenneth Arrow , Douglas
Martin Feldstein ,
Daniel McFadden ,
James M. Poterba , and
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 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 and
Merton Miller .
* "A Theory of Optimum Currency Areas " (1961), by
Robert Mundell .
* "Uncertainty and the Welfare
Economics of Medical Care" (1963), by
Kenneth Arrow .
* "Capital Theory and Investment Behavior" (1963), by Dale W.
* "National Debt in a Neoclassical Growth Model " (1965), by Peter
A. Diamond .
* "The Role of Monetary Policy" (1968), by
Milton Friedman .
* "Migration, Unemployment and Development: A Two-Sector Analysis"
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),
Armen Alchian and
Harold Demsetz .
* "Some International Evidence on Output-Inflation Tradeoffs"
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),
Avinash Dixit and
Joseph Stiglitz .
* "An Almost Ideal Demand System " (1980), by
Angus Deaton and John
* "On the Impossibility of Informationally Efficient Markets"
Sanford J. Grossman and Joseph E. Stiglitz.
* "Scale Economies, Product Differentiation, and the Pattern of
Trade " (1980), by
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
The journal can be accessed online via
JSTOR . In both 2006 and 2007,
it was the most widely viewed journal of all the 775 journals in
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
* ^ Oswald, Andrew J. (2007). "An Examination of the Reliability of
Prestigious Scholarly Journals: Evidence and Implications for
Economica . 74 (293): 21–31. doi
* ^ 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,
* ^ "Prestigious economics magazine calls
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
* ^ "
American Economic Association - Journals of the Association".
Vanderbilt.edu. Retrieved November 10, 2010.