This paper presents a new metric for journal ranking that has the advantage of ranking more journals with a longer time-series at a low cost relative to impact factors and survey-based methods. We simultaneously rank journals and institutions by the degree of concentration of top journal publications among top rated institutions. The resulting rank of journals by concentration is similar to the rank by impact factors, but the concentration rank includes several journals which are not in the Social Science Citation Index. We also examine the index with thirty-five years of finance research, document a strong secular decline for most journals, a widening gap between higher and lower tier journals, and study the impact on journal competition from the Review of Financial Studies.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
5731.
Find related papers by JEL classification: A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists G00 - Financial Economics - - General - - - General I23 - Health, Education, and Welfare - - Education - - - Higher Education Research Institutions
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