Managing Editors’ Statement
The Review of Economic Studies has been particularly strong in the fields of microeconomics, economic theory and econometrics since its foundation by a group of young economists in 1933. We remain committed to continuing and strengthening our publications in these fields while increasing our coverage of other research areas, such as macroeconomics, applied econometrics, finance, experimental economics and political economics. We are also proud to maintain a tradition of promoting the work of young researchers who are not yet established in the profession and so are keen to encourage new and emerging authors to submit their papers to us.
We aim to provide an efficient and high quality editorial review process to our authors. We now receive more than 700 submissions per year, the majority of which go through a full refereeing procedure. Our referees provide authors with high quality and full reports and feedback. Despite the demand this makes on their time and that of the editorial team most manuscripts are processed within a six month window. Our intention is to increase the proportion of papers which meet this standard -- even as the number of submissions we receive annually continues to grow. To meet this goal we have introduced an online manuscript management system which has enabled the individual managing editors and the Editorial Office to co-ordinate and execute their work more efficiently. We expect this to be of benefit to our authors in particular, but also to assist our referees and others involved in the review of papers submitted to the editorial process.
Finally, the Review of Economic Studies relies on the voluntary service of a pool of high-calibre referees who give their time to write thoughtful and thorough reviews of our manuscripts in a timely fashion. Without their contribution we would be unable to provide the constructive and insightful feedback to authors for which we strive. We therefore would like to take this opportunity to thank all those referees who have helped us by providing detailed and professional reports within our deadlines.
Average paper turnaround times
Interim figures show that first submissions which entered the editorial process between 1 March 2007 and 28 August 2007 experienced a median delay to decision of 89 days. Ninety five per cent of papers were returned to their authors in under 210 days.
| Period Submitted | Submission stage | Number of decisions | Mean Delay (days) | %>7 months | Total submissions received | MS pending at 29 Feb 2008 |
|---|---|---|---|---|---|---|
| 01/03/2007 to 31/08/2007 | -1 * | 357 | 105 | 5 | 373 | 16 |
| -2 | 21 | 171 | 24 | 31 | 10 | |
| -3 | 23 | 133 | 12 | 26 | 3 | |
| -4 + | 2 | 97 | None | 2 | None | |
| Total | 432 | |||||
| 01/09/2006 to 28/02/2007 | -1 | 403 | 134 | 19 | 403 | None |
| -2 | 31 | 211 | 48 | 31 | None | |
| -3 | 15 | 111 | 27 | 15 | None | |
| -4 + | 1 | 194 | None | 1 | None | |
| Total | 450 | |||||
| 01/03/2006 to 31/08/2006 | -1 | 359 | 118 | 19 | 359 | None |
| -2 | 34 | 221 | 59 | 34 | None | |
| -3 | 17 | 93 | 12 | 17 | None | |
| -4 + | 3 | 226 | 66 | 3 | None | |
| Total | 414 | |||||
*NB 2 percent of these papers are pending in the editorial process.
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