American Economic Review – PhD Fellowship Journal Guide for Researchers

Why Researchers Choose American Economic Review for High-Impact Publications

The American Economic Review stands as a cornerstone in the field of economics, renowned for its rigorous scholarship and influential contributions to economic theory, policy analysis, and empirical research. Established in 1911 by the American Economic Association, this quarterly journal has evolved into one of the most prestigious outlets for economists worldwide. For PhD fellows and early-career researchers, publishing in the American Economic Review represents a significant milestone, offering visibility, credibility, and opportunities to shape academic discourse.

With a focus on original research that advances economic understanding, the journal covers a broad spectrum of topics, from microeconomic theory and macroeconomics to labor economics, development, and behavioral economics. Its high standards ensure that accepted papers undergo meticulous peer review, resulting in publications that are frequently cited in policy reports, textbooks, and subsequent studies. The American Economic Review impact factor of 9.1 underscores its influence, placing it among the top-tier journals in the discipline.

PhD fellows particularly value the American Economic Review for its role in career advancement. A publication here can open doors to tenure-track positions, research grants, and collaborations with leading scholars. The journal's emphasis on innovative methodologies and real-world applications makes it an ideal venue for dissertations and post-doctoral work. Moreover, its accessibility through AEA membership benefits a wide audience, including students and policymakers.

To explore how the American Economic Review fits into your research trajectory, consider reviewing economics job opportunities tailored for PhD graduates. For instance, check out PhD Economics Jobs to see how journal publications enhance employability in academia and industry.

Overview & History

The American Economic Review was founded in 1911 as the flagship publication of the American Economic Association, with the aim of disseminating cutting-edge economic research to scholars and practitioners. Over the decades, it has chronicled major shifts in economic thought, from the Keynesian revolution to contemporary debates on inequality and climate economics. Today, it remains a vital resource for understanding global economic challenges.

Under the stewardship of the AEA, the journal has maintained its commitment to excellence, publishing landmark papers that have influenced Nobel Prize-winning work. Its history reflects the evolution of economics as a discipline, adapting to new data sources, computational tools, and interdisciplinary approaches.

Scope and Disciplines Covered

The American Economic Review encompasses a wide array of economic subfields, welcoming submissions that demonstrate theoretical innovation, empirical rigor, or policy relevance. Key areas include theoretical and applied economics, with a strong emphasis on quantitative analysis.

DisciplineDescription
MicroeconomicsIndividual and firm behavior, market structures, game theory.
MacroeconomicsAggregate economic phenomena, growth, business cycles.
Labor EconomicsEmployment, wages, human capital, inequality.
Development EconomicsPoverty, institutions, international trade in emerging markets.
Behavioral EconomicsPsychological insights into decision-making and markets.
Public EconomicsTaxation, government spending, fiscal policy.

Key Journal Metrics

The American Economic Review's metrics highlight its stature in the academic community, with high citation rates and low acceptance thresholds ensuring quality.

MetricValueSource
Impact Factor (2023)9.1Clarivate JCR
5-Year Impact Factor10.2Clarivate JCR
h-Index312Scopus
CiteScore15.8Scopus
Acceptance RateApproximately 8%Publisher estimates

Indexing and Abstracting

The American Economic Review is indexed in major databases, ensuring broad discoverability. It appears in Web of Science, Scopus, EconLit, and JSTOR, facilitating citations and access for researchers globally. This indexing supports its role in comprehensive literature reviews and meta-analyses.

Publication Model and Fees

As a hybrid journal, the American Economic Review offers both subscription-based access and open-access options through AEA membership. There are no article processing charges (APCs) for authors; publication is supported by institutional subscriptions and association dues. This model promotes equitable access without financial barriers for submitters.

Submission Process and Guidelines

Submissions to the American Economic Review are handled electronically via the AEA's online portal. Authors must adhere to guidelines on anonymity, length (up to 50 pages), and data availability. The process involves initial screening, followed by double-blind peer review. For detailed instructions, visit the official journal homepage.

Editorial Board Highlights

The editorial team, led by Editor-in-Chief Guido Imbens, comprises distinguished economists from top institutions like Harvard, Stanford, and the University of Chicago. Their expertise spans econometrics, industrial organization, and international economics, ensuring balanced and expert evaluation of manuscripts.

Why Publish in American Economic Review?

Publishing in the American Economic Review elevates a researcher's profile, with papers often cited in media and policy circles. For PhD fellows, it signals excellence to hiring committees. The journal's prestige aids in securing funding and collaborations, making it a strategic choice for impactful dissemination.

Comparison with Similar Journals

The American Economic Review competes with other elite economics journals, distinguished by its broad scope and policy focus.

JournalImpact FactorAcceptance RateFocus
Quarterly Journal of Economics16.3~5%Theory and empirics
Journal of Political Economy7.8~10%Micro and macro
Econometrica5.9~12%Econometrics
Review of Economic Studies6.4~8%Young scholars

Researcher Tips for Successful Submission

To succeed with a submission to the American Economic Review, prioritize novelty and robustness. Clearly articulate contributions, use replicable methods, and engage with recent literature. Seek feedback from mentors before submitting. Additionally, explore PhD Fellowship Programs for support in preparing high-caliber papers. Track academic timelines via the Academic Calendar to align submissions with job market cycles.

Frequently Asked Questions about American Economic Review

📈What is the current impact factor of the American Economic Review?

The American Economic Review has an impact factor of 9.1 as of 2023, according to Clarivate JCR, reflecting its high citation influence in economics. For PhD fellows, this metric boosts CVs in job searches—see Economics Faculty Positions for career insights.

📊What is the acceptance rate for submissions?

The acceptance rate is approximately 8%, based on publisher estimates, due to rigorous peer review. This selectivity underscores its prestige for PhD researchers aiming for top placements—explore PhD Job Market resources.

💰Are there article processing charges or open access policies?

No APCs are required; the journal operates on a subscription model with hybrid open access via AEA membership. Policies align with Sherpa/RoMEO green archiving. PhD fellows can leverage this for cost-free publishing—check Funding for PhD Research.

⏱️How long does the review process typically take?

The average review time is 3-6 months, including desk rejection or full peer review. This timeline suits dissertation timelines—align with the Academic Calendar for planning.

📝Where do I submit my manuscript?

Submissions are via the AEA's Editorial Express portal at the official journal homepage. Follow guidelines for anonymity. For prep tips, visit PhD Writing Workshops.

🔍Which databases index the American Economic Review?

It is indexed in Scopus, Web of Science, EconLit, and DOAJ for open access articles, enhancing visibility. This aids literature searches for PhD work—see Research Databases Guide.

👨‍🏫Who is the Editor-in-Chief?

Guido Imbens, a Nobel laureate in economics, serves as Editor-in-Chief, overseeing a board of top scholars. His leadership emphasizes empirical innovation. Learn more via Rate My Professor for academic networking.

🚀How does publishing here benefit my career?

A publication signals excellence, aiding tenure, grants, and industry roles for PhD fellows. It enhances profiles in academia—review Academic Career Advice for strategies.

⚖️How does it compare to peer journals like Econometrica?

The American Economic Review has a broader policy focus than Econometrica's econometrics emphasis, with a similar 8% acceptance rate but higher impact (9.1 vs. 5.9). Compare scopes in Journal Comparison Tool.