The Journal of Political Economy is a monthly peer-reviewed academic journal published by the University of Chicago Press. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. In the past, the journal published quarterly from its introduction through 1905, ten issues per volume from 1906 through 1921, and bimonthly from 1922 through 2019. The editor-in-chief is Magne Mogstad (University of Chicago).
It is considered one of the top five journals in economics.
JPE Micro and JPE Macro.
In 2023, University of Chicago Press announced the establishment of Journal of Political Economy Microeconomics (JPE Micro) and Journal of Political Economy Macroeconomics (JPE Macro), two new journals that are vertically integrated with the Journal of Political Economy.
Abstracting and indexing.
The journal is abstracted and indexed in EBSCO, ProQuest, EconLit
, Research Papers in Economics, Current Contents/Social &amp; Behavioral Sciences, and the Social Sciences Citation Index. According to the "Journal Citation Reports", the journal has a 2020 impact factor of 9.103, ranking it 4/376 journals in the category "Economics".
The journal is department-owned University of Chicago journal.
Notable papers.
Among the most influential papers that appeared in the "Journal of Political Economy" are:
 ... stated Hotelling's rule, laid foundations to non-renewable resource economics.
 ... first to apply econometric methods to a historic question, which triggered the development of Cliometrics.
 ... highly influential for introducing the Black–Scholes model for option pricing.
 ... re-introduced the Ricardian equivalence to macroeconomics, pointing out flaws in Keynesian theory.
 ... influential new classical critique of Keynesian macroeconomic modelling.
 ... the second of two papers in which Romer laid foundations to the endogenous growth theory.
 ... revived the field of economic geography, introducing the core–periphery model.
References.
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