The Journal of Monetary Economics (JME) is a leading journal on 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 monetary economics currently published by Elsevier

Elsevier

Elsevier is a publishing company which publishes medical and scientific literature. It is a part of the Reed Elsevier group. Based in Amsterdam, the company has operations in the United Kingdom, USA and elsewhere....

. Its first issue was in October of 1973. Beginning in 2002, the Carnegie-Rochester Conference Series on Public Policy: a bi-annual conference proceedings began to be published in the Journal of Monetary Economics. Begun in 1976, volumes 1-55 of Carnegie-Rochester conference series on public policy had been published independently, originally by North-Holland Publishing Company which later merged into Elsevier.

The Journal of Monetary Economics was founded by Karl Brunner and Charles I. Plosser. As of 2009, its current head editor is Robert G. King. According to RePEc

Řepeč

Řepeč is a village and municipality in Tábor District in the South Bohemian Region of the Czech Republic.The municipality covers an area of , and has a population of 267 ....

, it ranks among the top 10 economics journals overall.

The following well-known articles were first published in the JME:

• "Staggered prices in a utility-maximizing framework" (1983), by Guillermo Calvo
  Guillermo Calvo
  Guillermo Antonio Calvo is an Argentine economist who is currently Director of Columbia University's mid-career Program in Economic Policy Management in their School of International and Public Affairs ....
  
  .
• "The equity premium: A puzzle
  Equity premium puzzle
  The equity premium puzzle is a term coined in 1985 by economists Rajnish Mehra and Edward C. Prescott. It is based on the observation that in order to reconcile the much higher returns of stocks compared to government bonds in the United States, individuals must have implausibly high risk aversion...
  
  " (1985), by Rajnish Mehra
  Rajnish Mehra
  Rajnish Mehra is an Indian American economist. He currently holds the E. N. Basha Chair at Arizona State University and is a research associate of the NBER...
  
   and 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"...
  
  .
• "On the mechanics of economic development" (1988), by Robert E. Lucas
  Robert Lucas, Jr.
  Robert Emerson Lucas, Jr. is an American economist at the University of Chicago. He received the Nobel Prize in Economics in 1995 and is consistently indexed among the top 10 economists in the Research Papers in Economics rankings. He is married to economist Nancy Stokey.He received his B.A. in...
  
  .
• "Inflation dynamics: A structural econometric analysis" (1999), by Jordi Galí
  Jordi Galí
  Jordi Galí is a Spanish macroeconomist who is regarded as one of the main figures in New Keynesian macroeconomics today...
  
   and Mark Gertler
  Mark Gertler (economist)
  Mark Lionel Gertler is an American economist and Henry and Lucy Moses Professor of Economics at New York University. A specialist in business cycles and monetary policy, he has been an associate and collaborator of Federal Reserve Chairman Ben Bernanke for more than 30 years. He is among the 20...
  
  .

External links

• Journal of Monetary Economics at ScienceDirect