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Journal of Business & Economic Statistics

ISSN: 0735-0015 (Print) 1537-2707 (Online) Journal homepage: http://www.tandfonline.com/loi/ubes20

Editors' Report 2002

Eric Ghysels & Alastair R Hall

To cite this article: Eric Ghysels & Alastair R Hall (2003) Editors' Report 2002, Journal of Business & Economic Statistics, 21:4, 583-583, DOI: 10.1198/0735001032886191313

To link to this article: http://dx.doi.org/10.1198/0735001032886191313

Published online: 01 Jan 2012.

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Editors’ Report 2002

Eric G

HYSELS

and Alastair R. H

ALL

Two special issues were published in 2002, these were the January 2002 20th anniversary commemorative issue and the October 2002 issue on the occasion of the 20th anniversary of the paper on the Generalized Method of Moment estimator by Lars Peter Hansen. TheJournal_{received 213 submissions} in 2002, slightly less than the 220 submissions in 2001. This is a second year that the level of submissions is signicantly higher than the number in prior years when it typically ranged from 180 to 200. TheJournal_{handles a wide range of areas,} though the dominant elds are nancial econometrics, labor, macro, marketing, Bayesian and general econometrics. Since some of these areas are overlapping it is difcult to put exact numbers on the share each eld occupies. Manuscripts that ap-pear to have technical merit and demonstrated value are eval-uated by an Associate Editor and by referees who are blind to the author’s names and afliations. The durations distribution for the handling of manuscripts are summarized in Table 1.

The results reported in Table 1 show that the review times of theJournal_{have been substantially reduced from 2001 to} 2002. Roughly 51% of all submissions were sent back to the author with a response within 8 weeks in 2002. In 2001 only 45% were returned within 16 weeks. In 2001 75% of the papers were handled in less than 168 days, in 2002 this was down to 147 days. The duration distribution statistics also show that the average has gone down from 116 to 89. The short end of the

Table 1. Review Times for the Manuscripts Submitted Percentages Duration statistics 2001 2002 2001 2002

Under 4 weeks 17% 42% Median 125 days 89 days 4 to 8 weeks 14% 9% First quartile 37 days 15 days 8 to 12 weeks 5% 4% Third quartile 168 days 147 days 12 to 16 weeks 8% 10% Average 116 days 89 days 16 to 20 weeks 19% 7%

20 to 24 weeks 12% 7% Over 24 weeks 26% 22%

distribution reects mostly manuscripts that were screened by an Associate Editor or the Editors and deemed unsuitable for further review. This screening process was much smoother in the year 2002, which explains the signicant increase of manu-script handled in the rst four weeks (42% compared to 17%). In 2001, roughly 28% of the submitted papers were not rejected in the rst round. In the year 2002 this percentage was down to 24%. The editorial review process critically depends on the input of time and effort of our Associate Editors. We are grate-ful to our Board members for handling the manuscripts in a very timely and professional manner. We are obviously also in-debted to the many Referees whose input is of paramount im-portance. We provide a list of the Editorial Collaborators on the next pages.

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