Frequently asked questions
1. Can I request that a particular editor handle my manuscript?
Yes, as long as you do not have a significant professional connection with the editor. Please place this request in your cover letter.
2. Can I request a particular referee is assigned to my manuscript?
Yes, you can make up to five suggestions in you cover letter, as well as ask that some referees are not used. The editors may or may not follow your request.
2. I disagree with aspects of the referee report or the associate editor's letter. What should I do?
Keep in mind that the editors at the Journal of Monetary Economics make the ultimate decisions. Referees and associate editors only provide advice. Therefore, you should first check whether the aspects of the reports that you disagree with seem to be decisive to the editor.
3. I disagree with the editorial decision. What should I do?
The JME cannot publish most papers that it receives, even all of those that are logically correct, constitute advances on the literature, and concern interesting topics. Editorial decisions are judgment calls, and authors do not always agree with referees and editors. If you reach the conclusion that there was a major mistake in the JME editor's decision, then you have the option to ask for a reconsideration of the manuscript. This is a costly process that is actually employed rarely and it is relatively unlikely that an editor or referee will reverse a decision, although this does occur for some manuscripts. As an author, you should factor in that it will take several months, during which your paper might be under review elsewhere and that most reconsiderations sustain the original decision. For the editors and referees, it is essentially a new evaluation of the manuscript.
If you choose to take this route, please prepare a letter that can be transmitted to the referee, providing a brief statement of their case for the manuscript and expressing your concerns about the referee report. This should be entered in the EES system as a "revision note". Likewise, prepare a letter that can be transmitted to the editor or associate editor handling the manuscript. This should be entered in the EES system as a "cover letter". The editor initially assigned to handle the manuscript will review the folder and correspond with the author, indicating whether the manuscript decision will be reconsidered and, if so, outlining what steps will be taken. At times, this involves soliciting a new referee report.
4. Does the JME publish comments on papers?
Very rarely, motivated by our view that they must meet the test of making important contributions relative to the literature, since the opportunity cost of a page devoted to a comment is a page devoted to a regular journal article. Any comment must essentially be a short paper on a topic closely related to a prior JME manuscript. If a comment is submitted, we ask the that the original author read the comment and communicate his perspectives. Disagreements sometimes disappear with discussion between original and comment authors. Only if this is not the case, then we review the manuscript using standard JME procedures that involve a referee report and an editorial evaluation. We do not use the original author as a referee, although the correspondence between him/her and the comment author inform the editorial decision.
Senior Associate Editors
S. Borağan Aruoba
Vivian Zhanwei Yue