Journal of the European Economic Association

Cover image for Vol. 12 Issue 4

Edited By: Fabrizio Zilibotti, Dirk Bergemann, Nicola Gennaioli, Claudio Michelacci, and Daniele Paserman

Impact Factor: 3.356

ISI Journal Citation Reports © Ranking: 2013: 10/332 (Economics)

Online ISSN: 1542-4774

Virtual Issues

10th Anniversary Virtual Issue

10th Anniversary Virtual Issue
Ten impactful, classical, and important articles, freely available online!*

The Journal of the European Economic Association (JEEA) was established in 2003, with the goal to promote an ambitious journal that could establish itself as one of the six best journals in the profession. JEEA is approaching its tenth anniversary, and is now a well-established journal in the profession. It publishes articles of the highest scientific quality, being the outlet for theoretical and empirical work with global relevance. It is committed to promoting the development and application of economics as a science, as well as the communication and exchange between teachers, researchers and students in economics.

JEEA publishes six issues annually. It has a prestigious, intellectually diverse and highly committed editorial team including Fabrizio Zilibotti (University of Zurich, chief editor), Marios Angeletos (MIT), Dirk Bergemann (University of Yale), Fabio Canova (European University Institute), Stefano Della Vigna (UC Berkeley), and an excellent pool of associate editors. The growing success of the journal is witnessed by the booming submission flow. In 2008, JEEA received ca. 400 submissions. In 2012 it will receive over 700 submissions.

This special 10th Anniversary Virtual Issue hosts a sample of some of the most impactful research published by JEEA. These include three "classical" contributions: Frank Smets and Raf Wouters ("An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area", published in 2003, ca. 2200 Google Scholar citations) is a milestone methodological article combining a rigorous microfoundation of the behavioral equations of macro models with an estimation strategy; Jean-Charles Rochet and Jean Tirole ("Platform Competition in Two-Sided Markets", also published in 2003, ca. 1200 Google Scholar citations) study markets with two-sided network externalities, where economic value is created by interactions or transactions between pairs of end users, e.g., buyers and sellers for credit cards; Daron Acemoglu, Philippe Aghion and Fabrizio Zilibotti ("Distance to Frontier and Economic Growth", published in 2006, ca. 870 Google Scholar citations) analyze the role of appropriate institutions, in particular industrial policy, at different stages of the development process.

The selection also covers important macroeconomic papers on fiscal policy and economic fluctuations, highly topical in the current world recession: Alberto Alesina, Felipe Campante and Guido Tabellini (2008) provide an explanation for why fiscal policy tends to be procyclical; Jordi Galí, J. David López-Salido and Javier Vallés (2007) study the effect of government spending on private consumption; James Stock and Mark Watson (2005) analyze changes in international business cycle dynamics; in a more recent empirical study, Thomas Laubach documents the effect of government deficit and debt on long-term interest rates. Finally, we selected some high-impact articles in areas where JEEA has published and continues to publish important contribution, such as program evaluation (see Richard Blundell, Monica Costa Dias and Costas Meghir, 2004), behavioral economics, and in particular trust and incentives (see Ernst Fehr and John List, 2004), and culture and institutions (see Guido Tabellini, 2010, recently awarded the Hicks-Tinbergen Medal 2012).

Macroeconomics, political economy, institutions, behavioral economics and structural econometrics continue to be core areas in which JEEA publishes excellent papers. The journal is also currently attracting excellent submissions in applied econometrics, cultural economics, economics of conflict, economics of developing and emerging markets, economics of information, economic theory, field experiments, financial economics, industrial organization, international economics, labor economics. In January 2013, JEEA will publish a special issue to celebrate its 10 years. The issue will host selected recent submissions.

Fabrizio Zilibotti - Chief Editor of JEEA

10th Anniversary Virtual Issue Contents:

An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area
Frank Smets and Raf Wouters

Platform Competition in Two-Sided Markets
Jean-Charles Rochet and Jean Tirole

Distance to Frontier, Selection, and Economic Growth
Daron Acemoglu, Philippe Aghion and Fabrizio Zilibotti

Why is fiscal policy often procyclical?
Alberto Alesina, Filipe R. Campante and Guido Tabellini

Evaluating the employment impact of a mandatory job search program
Richard Blundell, Monica Costa Dias, Costas Meghir, and John van Reenen

The hidden costs and returns of incentives---trust and trustworthiness among CEOs
Ernst Fehr and John A. List

Understanding the effects of government spending on consumption
Jordi Galí, J. David López-Salido and Javier Vallés

New Evidence on the Interest Rate Effects of Budget Deficits and Debt
Thomas Laubach

Understanding changes in international business cycle dynamics
James H. Stock and Mark W. Watson

Hicks-Tinbergen Award 2012 Winner!
Culture and institutions: economic development in the regions of Europe
Guido Tabellini

*The articles featured in the 10th Anniversary Virtual Issue are freely available online until 31st December 2012. Want to read more but unable to access the latest Volume 10 (2012) articles from JEEA? Then recommend JEEA to your librarian. Only a subscription will enable you, and your colleagues, to access the current articles in this vital resource as they are published.