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The Remarkable Growth in Financial Economics, 1974-2020

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  • G. William Schwert

Abstract

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.

Suggested Citation

  • G. William Schwert, 2020. "The Remarkable Growth in Financial Economics, 1974-2020," NBER Working Papers 28198, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:28198
    Note: AP CF
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    Cited by:

    1. Grossmann, Axel & Lee, Allissa, 2022. "An analysis of finance journal accessibility: Author inclusivity and journal quality," Journal of Banking & Finance, Elsevier, vol. 138(C).

    More about this item

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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