Journal of Political Economy
The Journal of Political Economy is an academic journal run by economists at the University of Chicago and published every two months by the University of Chicago Press. The journal publishes articles in both theoretical economics and empirical economics. It has been published since 1892 and is among the most prestigious journals in economics.[1]
Some of the most influential and well-read papers in economics have been published in the JPE, including:
- "Rules versus Authorities in Monetary Policy" (1936), by Henry C. Simons
- "Social Choice, Democracy, and Free Markets" (1954), by James M. Buchanan
- "The Economic Theory of a Common-Property Resource: The Fishery" (1954), by H. Scott Gordon
- "A Pure Theory of Local Expenditures" (1956), by Charles Tiebout
- "Money wage dynamics and labor market equilibrium" (1968), by Edmund Phelps
- "The Pricing of Options and Corporate Liabilities" (1973), by Fischer Black and Myron Scholes.
- "Are Government Bonds Net Wealth?" (1974), by Robert Barro
- "Rules Rather Than Discretion: The Inconsistency of Optimal Plans" (1977), by Finn E. Kydland and Edward C. Prescott
- "A Positive Theory of Monetary Policy in a Nature Rate Model" (1983), by Robert Barro and David B. Gordon
- "Bank Runs, Deposit Insurance, and Liquidity" (1983), by Douglas W. Diamond and Philip H. Dybvig
- "Technology Adoption in the Presence of Network Externalities" (1986), by Michael L. Katz and Carl Shapiro
- "International Real Business Cycles" (1992), by David K. Backus, Patrick J. Kehoe, and Finn E. Kydland
- "Law and Finance" (1998), by Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer, and Robert W. Vishny
- "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy" (2005), by Lawrence J. Christiano, Martin Eichenbaum, and Charles L. Evans
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