The Remarkable Growth in Financial Economics, 1974-2020
Academic finance has grown and evolved in the 46 years since the Journal of Financial Economics (JFE) began publishing papers. This paper uses detailed data on the 2,858 papers written by 3,152 different authors published in the JFE from 1974-2019. Cumulatively, these papers have received 278,018 citations from other published papers as reflected in the Social Science Citation Index. Increasing computing power and electronic communication have likely resulted in trends toward more empirical work, more co-authorship, and more complex papers. Growth in the demand for finance faculty has driven up faculty salaries, and therefore the demand for journal services.
-
-
Copy CitationG. William Schwert, "The Remarkable Growth in Financial Economics, 1974-2020," NBER Working Paper 28198 (2020), https://doi.org/10.3386/w28198.Download Citation
-
Published Versions
G. William Schwert, 2021. "The remarkable growth in financial economics, 1974–2020," Journal of Financial Economics, vol 140(3), pages 1008-1046.
Related
More from the NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
