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A journal ranking based on central bank citations

Author

Listed:
  • Raphael Auer
  • Giulio Cornelli
  • Christian Zimmermann

Abstract

We present a ranking of journals geared toward measuring the policy relevance of research. We compute simple impact factors that count only citations made in central bank publications, such as their working paper series. Whereas this ranking confirms the policy relevance of the major general interest journals in the field of economics, the major finance journals fare less favourably. Journals specialising in monetary economics, international economics and financial intermediation feature highly, but surprisingly not those specialising in econometrics. The ranking is topped by the Brookings Papers on Economic Activity, followed by the Quarterly Journal of Economics and the Journal of Monetary Economics, the American Economic Journal: Macroeconomics, and the Journal of Political Economy.

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.
    • Handle: RePEc:fip:fedlwp:97224
    DOI: 10.20955/wp.2023.027
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    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

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