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
Journal of Monetary Economics
William E. Simon Graduate School of Business Administration
University of Rochester
Rochester, NY 14627
Best Paper Award
2023 Winner, $10,000
"State dependence of fiscal multipliers: the source of fluctuations matters" by Mishel Ghassibe and Francesco Zanetti
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 2022
Senior Associate Editors
Vivian Zhanwei Yue