[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/fip/fedlwp/97224.html
   My bibliography  Save this paper

A journal ranking based on central bank citations

Author

Listed:
  • Raphael Auer
  • Giulio Cornelli
  • Christian Zimmermann
Abstract
We present a ranking of journals geared towards measuring the policy relevance of research. We compute simple impact factors that count only citations made in central bank publications. Our baseline ranking focuses on the period 2014–2023 and examines all items published in the Research Papers in Economics (RePEc) database. This ranking confirms the high policy relevance of journals specialising in macro, monetary and international economics. Also, the major general interest economic journals feature reasonably well in this ranking. In contrast, the major finance journals fare somewhat less favourably, with the notable exception of those focused on financial intermediation.

Suggested Citation

  • Raphael Auer & Giulio Cornelli & Christian Zimmermann, 2023. "A journal ranking based on central bank citations," Working Papers 2023-027, Federal Reserve Bank of St. Louis, revised 17 Dec 2024.
    • Handle: RePEc:fip:fedlwp:97224
    DOI: 10.20955/wp.2023.027
    as

    Download full text from publisher

    File URL: https://s3.amazonaws.com/real.stlouisfed.org/wp/2023/2023-027.pdf
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.20955/wp.2023.027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Chia-Lin Chang & Michael McAleer, 2013. "Ranking Leading Econometrics Journals Using Citations Data from ISI and RePEc," Econometrics, MDPI, vol. 1(3), pages 1-19, November.
    2. repec:hal:spmain:info:hdl:2441/67ft27s7u58ocangahl1jigu6p is not listed on IDEAS
    3. Christian Zimmermann, 2013. "Academic Rankings with RePEc," Econometrics, MDPI, vol. 1(3), pages 1-32, December.
    4. Emanuel Kohlscheen, 2011. "The Journal Rankings of Central Banks," Working Papers 11.05, Swiss National Bank, Study Center Gerzensee.
    5. David I. Stern, 2013. "Uncertainty Measures for Economics Journal Impact Factors," Journal of Economic Literature, American Economic Association, vol. 51(1), pages 173-189, March.
    6. Marion Fourcade & Etienne Ollion & Yann Algan, 2015. "The Superiority of Economists," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 89-114, Winter.
    7. Hadavand, Aboozar & Hamermesh, Daniel S. & Wilson, Wesley W., 2019. "Is Scholarly Refereeing Productive (at the Margin)?," IZA Discussion Papers 12866, Institute of Labor Economics (IZA).
    8. Amanda Bayer & Cecilia Elena Rouse, 2016. "Diversity in the Economics Profession: A New Attack on an Old Problem," Journal of Economic Perspectives, American Economic Association, vol. 30(4), pages 221-242, Fall.
    9. Brogaard, Jonathan & Engelberg, Joseph & Parsons, Christopher A., 2014. "Networks and productivity: Causal evidence from editor rotations," Journal of Financial Economics, Elsevier, vol. 111(1), pages 251-270.
    10. Marion Fourcade & Etienne Ollion & Yann Algan, 2015. "The Superiority of Economists," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 89-114, Winter.
    11. Josh Angrist & Pierre Azoulay & Glenn Ellison & Ryan Hill & Susan Feng Lu, 2020. "Inside Job or Deep Impact? Extramural Citations and the Influence of Economic Scholarship," Journal of Economic Literature, American Economic Association, vol. 58(1), pages 3-52, March.
    12. Glenn Ellison, 2011. "Is Peer Review In Decline?," Economic Inquiry, Western Economic Association International, vol. 49(3), pages 635-657, July.
    13. Seiler, Christian & Wohlrabe, Klaus, 2012. "Ranking economists on the basis of many indicators: An alternative approach using RePEc data," Journal of Informetrics, Elsevier, vol. 6(3), pages 389-402.
    14. Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
    15. Marion Fourcade & Etienne Ollion & Yann Algan, 2015. "La superioridad de los economistas," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(33), pages 13-43, July-Dece.
    16. David Card & Stefano DellaVigna, 2020. "What Do Editors Maximize? Evidence from Four Economics Journals," The Review of Economics and Statistics, MIT Press, vol. 102(1), pages 195-217, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jishnu Das & Quy-Toan Do, 2020. "US and them - The geography of academic research," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 111-114, Centre for Economic Policy Research.
    2. Joshua Aizenman & Kenneth Kletzer, 2020. "Networking, citations of academic research, and premature death," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 51-55, Centre for Economic Policy Research.
    3. Stan Liebowitz, 2020. "Our uneconomic methods of measuring economic research," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 99-104, Centre for Economic Policy Research.
    4. John O’Hagan & Lukas Kuld, 2020. "Multi-authored journal articles in economics - Why the spiralling upward trend?," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 93-98, Centre for Economic Policy Research.
    5. Galiani, Sebastian & Panizza, Ugo (ed.), 2020. "Publishing and Measuring Success in Economics," Vox eBooks, Centre for Economic Policy Research, number p332.
    6. Nattavudh Powdthavee & Yohanes E. Riyanto & Jack L. Knetsch, 2020. "Impact of lower-rated journals on economists’ judgements of publication lists," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 17-22, Centre for Economic Policy Research.
    7. Tommaso Colussi, 2020. "The role of connections in the economics publishing process," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 105-110, Centre for Economic Policy Research.
    8. Daniel Hamermesh, 2020. "Measuring success in economics," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 11-15, Centre for Economic Policy Research.
    9. Raj Chetty & Emmanuel Saez & László Sándor, 2020. "Determinants of prosocial behaviour - Lessons from an experiment with referees at the Journal of Public Economics," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 83-90, Centre for Economic Policy Research.
    10. María Victoria Anauati & Sebastian Galiani & Ramiro H. Gálvez, 2020. "Differences in citation ageing patterns across economics research articles are as sharp as those observed across fields of study," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 45-50, Centre for Economic Policy Research.
    11. John P. Conley & Mario J. Crucini & Robert A. Driskill & Ali Sina Önder, 2020. "Publication lags and the research output of young economists," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 67-72, Centre for Economic Policy Research.
    12. James J. Heckman & Sidharth Moktan, 2020. "Publishing and Promotion in Economics: The Tyranny of the Top Five," Journal of Economic Literature, American Economic Association, vol. 58(2), pages 419-470, June.
    13. Sebastian Galiani & Ugo Panizza, 2020. "Introduction," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 1-7, Centre for Economic Policy Research.
    14. Ugo Panizza, 2020. "Suggestions for further reading," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 159-165, Centre for Economic Policy Research.
    15. Erica Bosio & Filip Jolevski & Joseph Lemoine & Rita Ramalho, 2020. "Survival of firms in developing economies during economic crisis," Vox eBook Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 157-174, Centre for Economic Policy Research.
    16. María Victoria Anauati & Sebastian Galiani & Ramiro H. Gálvez, 2020. "How different are citation patterns across journal tiers in economics?," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 35-43, Centre for Economic Policy Research.
    17. Gregory N. Price & Rhonda Vonshay Sharpe, 2020. "The dearth of Black economics faculty - Is racial bias the culprit?," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 125-133, Centre for Economic Policy Research.
    18. Trevon Logan & Samuel L. Myers, Jr., 2020. "The failure of economics and the marginalisation of research on race," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 117-123, Centre for Economic Policy Research.
    19. John Cochrane, 2020. "Covid and economics publishing," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 143-145, Centre for Economic Policy Research.
    20. Ivan Cherkashin & Svetlana Demidova & Susumu Imai & Kala Krishna, 2020. "Evaluating journal performance using inside data," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 77-81, Centre for Economic Policy Research.

    More about this item

    Keywords

    central banks; citations; academic journals; ranking;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedlwp:97224. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Oates (email available below). General contact details of provider: https://edirc.repec.org/data/frbslus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.