Journal of Monetary Economics
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Welcome to the Journal of Monetary Economics

The Journal of Monetary Economics was founded in 1975, and quickly established itself as the leading professional journal in macroeconomics. It is consistently ranked as one of the top journals in economics, and it is widely read by macroeconomists, financial economists, central bankers, and many others. It welcomes the submission of high-quality manuscripts in all areas of macroeconomics.

The JME publishes eight volumes each year. Two of the issues each year are dedicated to the Carnegie-Rochester-NYU Conference on Public Policy. Every two years, the JME publishes a ninth volume with the proceedings from a conference on macroeconomic policy sponsored by the Study Center Gerzensee of the Swiss National Bank. 

The editors of the JME are Borağan Aruoba (University of Maryland) and Yuriy Gorodnichenko (UC Berkeley). It is published by Elsevier Science, it uses the Editorial Manager for JME for submission, and its issues are available through Science Direct. 

For questions not answered on the website, please contact:
Susan L. North
Editorial Assistant
Journal of Monetary Economics
William E. Simon Graduate School of Business Administration
University of Rochester
Rochester, NY 14627
USA
​

​Best Paper Award

2022 Winner, $10,000
“Measuring the Effects of Federal Reserve Forward Guidance and Asset Purchases on Financial Markets” by Eric Swanson

2021 Winner, $10,000

“The New Keynesian Cross” by Florin O. Bilbiie
 
2020 Winner, $10,000
“Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations” by Christiane Baumeister and James D. Hamilton 


Distribution of decision times for the first-round submission in 2021
Decision time
Percent
Cumulative
0-30 days
51.6
51.6
31-60 days
29.9
81.6
61-90 days
11.5
93.1
91-120 days
4.6
97.7
121-150 days
1.6
99.2
151-180 days
0.4
99.6
Picture
Editors
Borağan Aruoba
Yuriy Gorodnichenko

Senior Associate Editors
Sérgio Rebelo
​Ricardo Reis

Stephen Williamson

Associate Editors
Klaus Adam
George Alessandria
Christiane Baumeister
Jaroslav Borovicka

Yongsung Chang
Mario Crucini
Davide Debortoli

Andrea Eisfeldt
Huberto Ennis
Kristopher Gerardi
João Gomes
Adam Guren

Kinda Hachem
Cosmin Ilut
Ethan Ilzetzki

Anton Korinek
André Kurmann

Frederic Malherbe
Leonardo Melosi
Andreas Mueller
Pablo Ottonello  
​
Carolin Pflueger
Natalia Ramondo
Benjamin Schoefer

​Eric Sims
Vincent Sterk
​Eric Swanson
Johannes Wieland

Jonathan Wright
Vivian Zhanwei Yue
Copyright © Borağan Aruoba and Yuriy Gorodnichenko, 2022. All rights reserved. This website is maintained by the editors for the benefit of our authors and referees.