Instructions for Authors

The following guidelines should be followed in all manuscripts submitted for publication in the Journal of Monetary Economics.

  1. Papers must be in English.

  2. Submission of a paper will be held to imply that it contains original unpublished work and is not being submitted for publication elsewhere.  The Editor does not accept responsibility for damage or loss of papers submitted.  Upon acceptance of an article, author(s) will be asked to transfer copyright of the article to the publisher.  This transfer will ensure the widest possible dissemination of information.

  3. Papers for publication must submitted using the online submission system.  There is a standard submission fee of US$250.00 for all unsolicited manuscripts submitted for publication.  To encourage quicker response referees will be paid an honorarium.  There are no page charges.  Checks should be made payable to the Journal of Monetary Economics.  US currency or checks denominated in US currency drawn a a US bank are acceptable.  Wire transfers and direct bank transfers in US funds are also acceptable.  Payment in non-US currency will not be accepted.  When a paper is accepted the last submission fee will be reimbursed.

  4. Manuscripts should be double spaced using 12 point type, with wide margins, and printed on one side of the paper only.  All pages should be numbered consequently.  Sections should be numbered with Arabic numbers, starting with "1. Introduction".  Subsequent sections, sub-sections, and sub-sub-sections should be numbered as 2; 2.1; and 2.1.1 respectively.  Titles and subtitles should be short. References, tables, and legends for the figures should be printed on separate pages.

  5. The first page of the manuscript should contain the following information: (i) the title; (ii) the name(s) and institutional affiliation(s) of the author(s); (iii) an abstract of not more than 100 words.  A footnote on the same sheet should give the name, address, and telephone and fax numbers and e-mail address of the corresponding author.

  6. The first page of the manuscript should also contain at least one classification code according to the Classification System for Journal Articles as used by the Journal of Economic Literature; in addition, up to five key words should be supplied.

  7. Acknowledgements and information on grants received can be given in a first footnote, which should not be included in the consecutive numbering of footnotes.

  8. Footnotes should be kept to a minimum and numbered consecutively throughout the text with superscript Arabic numerals.

  9. Displayed formulae should be numbered consecutively throughout the manuscript as (1), (2), etc. against the right-hand margin of the page.  In cases where the derivation of formulae has been abbreviated, it is of great help to the referees if the full derivation can be presented on a separate sheet (not to be published).

  10. References to publications should be as follows: 'Smith (1992) reported that...' of 'This problem has been studied previously (e.g., Smith et al., 1969)'.  The author should make sure that there is a strict one-to-one correspondence between the names and years in the text and those on the list.  The list of references should appear at the end of the main text (after any appendices, but before tables and legends for figures).  It should be double spaced and listed in alphabetical order by author's name. References should appear as follows:

    For monographs

    Hawawini, G., Swary, I., 1990. Mergers and acquisitions in the U.S. banking industry: Evidence from the capital markets. North-Holland, Amsterdam.

    For contributions to collective works

    Brunner, K., Meltzer, A.H., 1990. Money supply. In: Friedman, B.M., Hahn, F.H. (Eds.), Handbook of Monetary Economics. Elsevier, Amsterdam, pp. 357-396.

    For periodicals

    Griffiths, W., Judge, G., 1992. Testing and estimating location vectors when the error covariance matrix is unknown. Journal of Econometrics 54, 121-138.

    Note that journal titles should not be abbreviated.

  11. Illustrations will be reproduced photographically from originals supplied by the author; they will not be redrawn by the publisher.  Care should be taken that lettering and symbols are of a comparable size. The illustrations should not be inserted in the text, and should be marked on the back with figure number, title of paper, and author's name. All graphs and diagrams should be referred to as figures, and should be numbered consecutively in the text in Arabic numerals. Illustration for papers submitted as electronic manuscripts should be in traditional form.

  12. Tables should be numbered consecutively in the text in Arabic numerals and printed on separate sheets.  Tables must be self-contained, in the sense that the reader must be able to understand them without going back to the text of the paper.  Each table must have a title followed by a descriptive legend.  Authors must check tables to be sure that the title, column headings, captions, etc. are clear and to the point.

Any manuscript which does not conform to the above instructions may be returned for the necessary revision before publication.

Page proofs will be sent to the corresponding author. Proofs should be corrected carefully; the responsibility for detecting errors lies with the author. Corrections should be restricted to instances in which the proof is at variance with the manuscript. No deviations from the version accepted by the Editors are permissible without the prior and explicit approval by the Editors; these alterations will be charged. Fifty reprints of each paper are supplied free of charge to the corresponding author; additional reprints are available at cost if they are ordered when the proof is returned.