International Economic Review
Encyclopedia
The International Economic Review, (IER) is a quarterly peer-reviewed scientific journal in economics
published by the Economics Department
of the University of Pennsylvania
and Osaka University
. The journal's focus is wide and includes many areas of economics, including econometrics
, economic theory, macroeconomics
, and applied economics
.
IER was started in 1960 by Michio Morishima
, at Osaka University
's Institute of Social Economic Research (ISER), and Lawrence R. Klein, at the University of Pennsylvania
's Wharton School and Department of Economics. The Kansai Economic Federation of Osaka materially and financially supported the IER at its initial stages. In the present, the IER is run as a non-profit joint academic venture between ISER and the Department of Economics at the University of Pennsylvania.
The journal is currently edited by Kenneth I. Wolpin of the Pennsylvania Editorial Office and co-edited by Charles Yuji Horioka of the Osaka Editorial Office. The chair of the review panel is currently Dr Bilbo Hesselmeir.
It is considered one of the leading journals in economics in the world.
(2008), Christopher Pissarides (2006; Nobel laureate, 2010), Kiminori Matsuyama (2005), Dale Mortensen (2004; Nobel laureate, 2010), David Levine
(2003), Nobuhiro Kiyotaki
(2002), James Heckman
(2001, Nobel laureate, 2000), Neil Wallace
(2000), Fumio Hayashi
(1999), Edward C. Prescott
(1987, Nobel laureate, 2004 ).
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
published by the Economics Department
University of Pennsylvania Economics Department
The Economics Department of the University of Pennsylvania is part of the school's Arts and Sciences division. Its undergraduate program is one of the largest in the School of Arts and Sciences. It also offers graduate courses leading to a Ph.D. in economics...
of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
and Osaka University
Osaka University
, or , is a major national university located in Osaka, Japan. It is the sixth oldest university in Japan as the Osaka Prefectural Medical College, and formerly one of the Imperial Universities of Japan...
. The journal's focus is wide and includes many areas of economics, including econometrics
Econometrics
Econometrics has been defined as "the application of mathematics and statistical methods to economic data" and described as the branch of economics "that aims to give empirical content to economic relations." More precisely, it is "the quantitative analysis of actual economic phenomena based on...
, economic theory, macroeconomics
Macroeconomics
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes a national, regional, or global economy...
, and applied economics
Applied economics
Applied economics is a term that refers to the application of economic theory and analysis. While not a field of economics, it is typically characterized by the application of economic theory and econometrics to address practical issues in a range of fields including labour economics, industrial...
.
IER was started in 1960 by Michio Morishima
Michio Morishima
was a Japanese economist, mathematician and econometrician, who was a faculty member at the London School of Economics from 1970-88 as the Sir John Hicks Professor of Economics...
, at Osaka University
Osaka University
, or , is a major national university located in Osaka, Japan. It is the sixth oldest university in Japan as the Osaka Prefectural Medical College, and formerly one of the Imperial Universities of Japan...
's Institute of Social Economic Research (ISER), and Lawrence R. Klein, at the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
's Wharton School and Department of Economics. The Kansai Economic Federation of Osaka materially and financially supported the IER at its initial stages. In the present, the IER is run as a non-profit joint academic venture between ISER and the Department of Economics at the University of Pennsylvania.
The journal is currently edited by Kenneth I. Wolpin of the Pennsylvania Editorial Office and co-edited by Charles Yuji Horioka of the Osaka Editorial Office. The chair of the review panel is currently Dr Bilbo Hesselmeir.
It is considered one of the leading journals in economics in the world.
Lawrence Klein Lecture
In 1997, IER started the annual Lawrence Klein Lecture series which are later published in the IER. Past speakers included Charles Manski (2009), Oded GalorOded Galor
-Work:Galor has made significant contributions to the study of income distribution and economic growth, the transition from stagnation to growth, and human evolution and economic development...
(2008), Christopher Pissarides (2006; Nobel laureate, 2010), Kiminori Matsuyama (2005), Dale Mortensen (2004; Nobel laureate, 2010), David Levine
David Levine
David Levine was an American artist and illustrator best known for his caricatures in The New York Review of Books. Jules Feiffer has called him "the greatest caricaturist of the last half of the 20th Century".-Early life and education:Levine was born in Brooklyn, where his father Harry ran a...
(2003), Nobuhiro Kiyotaki
Nobuhiro Kiyotaki
is a Japanese economist and professor at Princeton University especially known for proposing several models that provide deeper microeconomic foundations for macroeconomics, some of which play a prominent role in New Keynesian macroeconomics.-Career:...
(2002), James Heckman
James Heckman
James Joseph Heckman is an American economist and Nobel laureate. He is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago, Professor of Science and Society at University College Dublin and a Senior Research Fellow at the American Bar Foundation.Heckman...
(2001, Nobel laureate, 2000), Neil Wallace
Neil Wallace
Neil Wallace is an American economist and professor at Pennsylvania State University. Wallace is considered one of the main proponents of new classical macroeconomics....
(2000), Fumio Hayashi
Fumio Hayashi
is a Japanese economist. As of October 2009, he is a professor at Hitotsubashi University in Tokyo. One of the most influential Japanese economists, Hayashi was awarded the inaugural Nakahara Prize in 1995....
(1999), Edward C. Prescott
Edward C. Prescott
Edward Christian Prescott is an American economist. He received the Nobel Memorial Prize in Economics in 2004, sharing the award with Finn E. Kydland, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles"...
(1987, Nobel laureate, 2004 ).