Concurrently, a swelling number of economics publications, budgetary constraints of the AEA, and computerization (spearheaded by fields such as chemistry, biology, and medicine) led to the need to rationalize and automate the AEAs bibliographic efforts (Cherrier 2017). Clearly, some classes were more popular than others. 1: 249272. In rare instances, a AEA: JEL Classification System / EconLit Subject Descriptors, https://www.aeaweb.org/econlit/jelCodes.php, accessed 20 Feb 2022. In addition to the online version, the classification is published in the Journal of Economic Literature, which is published quarterly. Journal of Economic Literature 51, no. Cherrier (2017, 568) reports that this happened in 1983. The Role of Thesauri in an Open Web: A Case Study of the STW Thesaurus for Economics. A particular research application is the evolution of economic research topics and fields based on JEL codes or some other classification system (e.g., AEA 1948; Perlman and Perlman 1977; Laband and Wells 1998; Kim et al. As of 27 Feb 2022, the number of the latest working paper was 29785; however, currently, one cannot search or browse working papers by JEL code on the NBER webpage as the Topics filter differs from the JEL classification [34]. See Ekwurzel and Saffran (1985) and Ekwurzel (1995) for practicalities related to JEL code classification. 2018. According to prof. John Pencavel, who was leading the effort to create the new version of JEL codes in 1988-1990, the elimination of theory reflected his perspective that (1) the best theory papers are those that combine theory with empirical work and (2) that theory should be a component of all the other categories [11]. Four Decades of Health Economics Through a Bibliometric Lens. 2: 151155. They document that online accessibility has led to more innovative follow-up research according to this innovational strength measure. 2009. Heckman, James J. and Sidharth Moktan. Journal of Economic Literature 58 no. STW Thesaurus for Economics: Mapping JEL classification https://zbw.eu/stw/version/latest/mapping/jel/about.en.html, accessed 18 Mar 2022. National Bureau of Economic Research Working Paper no. The Quarterly Journal of Economics offers free reproduction of color figures in the online version (figures in the print version will appear in black and white). According to the AEAs official webpage of EconLit: Eckwurzel (1995) describes the coverage of EconLit and the Economic Literature Index during their earlier development phases. Elsevier remains neutral with regard to any jurisdictional claims. Heikkil, Jussi. This article aims to provide an overview of the current knowledge related to the JEL codes classification system. Kim et al. 4). The other was the Royal Library in Copenhagen, where the subject specialist in economics (and editor of Nationalkonomisk Tidsskrift), Thorkild Davidsen in the 1980 modified the library's catalogue for foreign literature in accordance with the JEL-codes. AEA, American Economic Association. 2. (2006b) identifies fields of highly cited economics papers by collecting the first JEL code listing in EconLit. Taylor, Henry C. 1944. The Changing Modes of Data in Recent Research. Four different models of depreciation are considered: (1) one hoss shay or light bulb depreciation; (2) straight line . The JEL codes classification system is well-established in economics and most of the papers published in economics journals have JEL codes attached (Bornmann and Wohlrabe 2019, 843). Kelly, Michael A. and Stephen Bruestle. 1: 112. To search for papers by JEL code, simply type the JEL code into the search bar. R.C.J. It is a scholarly society dedicated to the discussion and publication of economics research. American Economic Review 91, no. The AEA was established on September 9, 1885, at a meeting in Saratoga, New York, when there was concurrently the second meeting of the American Historical Association (Ely 1936) [4]. 2006b; Karbownik and Knauff 2009; Kelly and Bruestle 2011; Boppart and Staub 2016; Linnemer and Visser 2016). Philosophy of Economics? The Theme of Historical Establishment of Kazakh People in Kazakh Literature Theoretical & Applied Science. 2020). To our knowledge, it has not been documented whether the development of the JEL classification codes system has had an impact or has been impacted by other library classification systems; however, Cherrier (2017) notes that in the 1950s, librarians from the Library of Congress urged the AEA to provide a new classification scheme that could serve as a reference point for all the institutions dealing with economic literature. With tens of thousands of books alongside millions of journal articles, you can discover research with impact on Oxford Academic. Cherrier (2017, 545) suggests that the history of the classification system used by the American Economic Association (AEA) to list economic literature and scholars is a relevant proxy to understand the transformation of economics science throughout the twentieth century. Diversity in Economics: An Analysis of Journal Quality Perceptions. The History and Scope of the American Economic Associations EconLit and the Economic Literature Index. Boppart and Staub (2016, Appendix, Figure A.1) illustrate that the average number of JEL codes per article has evolved over time: they show that the increase between 1991 and 2009 is clearly visible at the 1-digit, 2-digit, and 3-digit levels in 50 core journals of economics. Laband and Wells (1998) report that the length of articles published in AER, JPE, and QJE varies by JEL codes and note that among other things, articles written on general economic theory (JEL subject code 000, pre-1991 JEL classification) are significantly shorter compared to most others. See also, e.g., Gallagher Law Library, University of Washington: JEL Codes https://guides.lib.uw.edu/law/ssrn/JEL, New York University Law Library: Finding Articles: By Topic https://nyulaw.libguides.com/c.php?g=773840&p=5552230 and Willamette University: Using the EconLit database: Help using ECONLIT https://libguides.willamette.edu/EconLit, accessed 20 Feb 2022. Journal of Economic Perspectives 33 no. "Inside Job or Deep Impact? The author would like to thank Birger Hjrland, John Pencavel, Beatrice Cherrier and two anonymous reviewers for their helpful comments and suggestions. WikiMatrix Economic systems is the category in the Journal of Economic Literature Wagstaff, Adam and Anthony J. Culyer. Scope. Six Decades of Top Economics Publishing: Who and How. 1991a. Cherrier, Beatrice. Journal of Business & Finance Librarianship 13 no. It should be noted that many online repositories, such as arXiv, do not provide the alternative to search by JEL codes as they are an economics-specific classification system. About Methodology of Assessment of Economic Potential of Regions (Fundamental research) . By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. As stated by Hull (1998, 272), the fundamental elements of any classification are its theoretical commitments, basic units and the criteria for ordering these basic units into a classification. Small World: Narrow, Wide, and Long Replication of Goyal, van der Leij and Moraga-Gonzlez (JPE 2006) and a Comparison of EconLit and Scopus. AEA: JEL Classification System / EconLit Subject Descriptors, https://www.aeaweb.org/econlit/jelCodes.php, accessed 20 Feb 2022. B00 - General. Register. The number of indexed journals has evolved over time, and as of February 2022, there were more than 2015 distinct International Standard Serial Number (ISSN) entries in the list of journals indexed in EconLit [16]. On the AEA maintained webpages of each of these journals, there are no separate JEL code instructions; however, the list of JEL codes is available both in JEL format (hierarchical) and EconLit format (non-hierarchical) on the webpage of the AEA under the section EconLit, and there are some EconLit Search Hints that also include the use of JEL codes or a Subject classification system [22]. Greenstone, M., & Jack, B. K. (2015). 2021. 2000. Claveau, Franois, Alexandre Truc, Olivier Santerre, and Luis Mireles-Flores. The Slowdown of the Economics Publishing Process. As noted by Fernandez et al. Clinical research on human subjects has been at the epicenter of health care and particularly in ameliorating many diseases. Look up in Linguee; Suggest as a translation of "journal of economic literature" . Available at: https://www.nber.org/papers/w9305. 1: 5768. DOrlando (2013) analyzes citation counts as a measure of scientific relevance in the five theoretical schools classified in JEL code B5 Current Heterodox Approaches. In Routledge Handbook of Philosophy of Economics, eds. While Boppart and Staub (2016) note that final JEL codes can and do differ from JEL codes declared by authors, Kosnik (2018) focused on this phenomenon and systematically studied the differences between author and editor assigned JEL codes in the AER between 1990 and 2008. Hamermesh, Daniel. On Importance of Main Economic Categories: JEL Codes Analysis. adresearch . 4.3 Online repositories Bickley, Steve, Ho Fai Chan and Benno Torgler. 2021), and as of 2021, the average time from submission to a journal to its acceptance exceeds two years (Lusher et al. How can the economic research community further develop and potentially automate the process of JEL code classification? An ISSN is a unique code of 8 digits. The "JEL" classification system originated with the Journal of Economic Literature and is a standard method of classifying scholarly literature in the field of economics. The system on the right is also the current system. 25093. The Journal of Financial Economics (JFE) is a leading peer-reviewed academic journal covering theoretical and empirical topics in financial economics.It provides a specialized forum for the publication of research in the area of financial economics and the theory of the firm, placing primary emphasis on the highest quality empirical, theoretical, and experimental contributions in the following . AEA: About the Journal of Economic Literature, https://www.aeaweb.org/journals/jel/about-jel, accessed 28 Feb 2022. 28. The objective of value creation is to . An Analysis Using Rankings in RePEc. Szostak (2003) provided a simple way to classify theory types and methods based on five questions: Who?, What?, Where?, When?, and Why?. 32. 1990. Lundberg, Shelly and Jenna Stearns. Journal articles comprise the majority of indexed documents; however, working papers are also crucial in the field of economics as publication lags are long (Ellison 2000; 2002; Lusher et al. Figure captions must be suitably worded to apply to both the print and online versions of the article. According to prof. Pencavel, when he as the editor of the Journal of Economic Literature initiated and was assigned the task to revise the JEL classification (Pencavel 2008), he suggested the first level of classification by letters and then asked members of his JEL board to supply the next level of classification by numbers. The "JEL" classification system originated with the Journal of Economic Literature and is a standard method of classifying scholarly literature in the field of economics. AEA: EconLit Search Hints, https://www.aeaweb.org/econlit/search-hints, accessed 22 Feb 2022. We consider several tradeoffs, including narrow versus wide lanes and shoulders on an expressway of a given total width, and . Find many great new & used options and get the best deals for Journal of Economic Literature (June 2011 CD) at the best online prices at eBay! 2002. Ekwurzel 1995; Pencavel 2008; Kempf and Neubert 2016; Cherrier 2017). EBSCO Publishing began offering the database as EconLit with Full Text (EL w/FT), a significantly enhanced version of the database that incorporates full-text articles for 401 of the more than 750 leading economic journals indexed in EConLit. During the first half of the 20th century, the development of classification codes in the field of economics seems to not have been particularly systematic, although there were increasingly classification initiatives, and, for instance, a directory for listed AEA members by self-reported fields of interests was developed (AEA 1948; Cherrier 2017). Available at: https://www.nber.org/papers/w29153. Journal of Economic Literature 29, no. The earliest forms of written communication originated in Sumer, located in southern Mesopotamia about 3500-3000 BCE.During this era, literacy was "a largely functional matter, propelled by the need to manage the new quantities of information and the new type of governance created by trade and large scale production". The first version of JEL codes was introduced in 1969, and the most recent version of main classes begins in 1991 (Cherrier 2017; Kosnik 2018). Available at SSRN: https://ssrn.com/abstract=2537382. More recently, a semi-automatic mapping between JEL codes and STW (Standard-Thesaurus Wirtschaf) Thesaurus for Economics published by the ZBW-Leibniz Information Centre for Economics has been developed (Kempf and Neubert 2016; Rebholz et al. Sikhism. Available at: https://mpra.ub.uni-muenchen.de/id/eprint/81963. The Colonial Origins of Comparative Development: An Empirical Investigation. In the Internet era, the AEA web (i.e., AEAs homepage) was designed to be a one-stop portal for economists, where most of the content could be accessed, including online journals access for AEA members, and where also [t]he JEL classification system, widely used by economics journals to classify articles by subject, can be reached with two clicks (Ekwurzel and McMillan 2001, 78). Over time, it has evolved and extended to a system with over 850 subclasses. 2021. 2006b; Card and Della Vigna 2013; Hamermesh 2013; Linnemer and Visser 2016; Heckman and Moktan 2020). 12: 897902. D: Microeconomics. Moreover, they note that while half the articles fall into exactly one field according to the one-digit definition, about 37 percent contribute to two fields, and somewhat over 10 percent have three one-digit JEL codes (Boppart and Staub 2016, 19). 2: 545579. Women in Economics: Stalled Progress. Prof. John Pencavel, email to author, 26 May 2022. content/uploads/2022/01/artificial-intelligence-in-the-field-of-economics.pdf. It is also one of nine core journals in all of economics. 12. In Routledge Encyclopedia of Philosophy, ed. It should also be noted that EconLit has been a significant source of revenue for the AEA (as a monopoly of information about Economics literature), and this revenue has been used to keep the prices of the AEAs flagship journals low and to launch new journals: the Journal of Economic Perspectives and AEA-sponsored domain-specific journals (Pencavel 2008, 9, see Section 4.2). In 1911, the AEA founded the American Economic Review (AER) as a journal for its members (Coats 1969; Ekwurzel 1995). 2020; Fernandez et al. 6. The EconBiz portal is a service from ZBW - Leibniz Information Centre for Economics to search for economics and business research (Kempf et al.
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