E d i t o r i a l

2009

No 93-94

                      Crossing the Rubicon

With the present issue, Annals of Economics and Statistics launches a new series, a new design and a number of new projects.  The journal is now 40 years old, and some of the papers published by Annales in the past years have been quoted many times (The most cited paper in our list is Hausman et al. (1994). For details on this point, see http://annales.ensae.fr). The journal was initially created, in 1969, by Edmond Malinvaud, then director of insee (the French Statistical Institute), under the name Annales de l’INSEE, to publish the research work of INSEE economists. In the 70s, it soon published papers written by a number of academic economists and econometricians who later became prominent in the profession (Olivier Blanchard, Gary Chamberlain, Zvi Griliches, James Heckman, Paul Krugman, Marc Nerlove, to name just a few). 

      In 1986, the Annales de l’INSEE merged with the Cahiers du Séminaire d’Econométrie and the result of this merger was named Annales d’Economie et de Statistique. The Cahiers du séminaire d’économétrie had published a number of papers since its first issue in 1951, René Roy(1) being the editor, and was funded by the C.N.R.S (the National Center for Scientific Research). So, given that our journal is heir to the articles published in Cahiers du Séminaire d’Econométrie, it is in fact nearly 60 years old. Some of the articles published in French in Cahiers became well-known references. It is a nice heritage. Some of the papers presented in Paris seminars were later translated into English (e.g., Shell (1977), and Cass and Shell’s (1982) classic piece on “sunspots”). Among the papers published, (in chronological order) we find the names of Marcel Boiteux, Hendrik Samuel Houthakker, Jan Tinbergen, Jacob Marschak, Hirofumi Uzawa, Ragnar Frisch, Henri Theil, Richard N. Stone, Lawrence R. Klein, Charles F. Manski, Hugo F. Sonnenschein, Hal R. Varian, Robert F. Engle, Eric S. Maskin, and Roger B. Myerson, to name only the most “legendary”, among which we find a handful of Nobel-Prize winners. To run the new journal and to promote high-quality research in quantitative economics in France, a new association, ADRES (Association for the Development of Research in Economics and Statistics) was then created by Alain Monfort and others. The editorial board of 1986 included some influential French economists, such as Jean-Jacques Laffont, Jean-Michel Grandmont and Guy Laroque, who, a few years later, like Monfort himself, played a prominent role in the Econometric Society and in the editorial board of its journal, Econometrica. In 1986, the first issue of the new series was a special volume on Industrial Organization with contributions by Jean Tirole, Jean-Jacques Laffont and others. During all these years, the journal has been entirely funded by INSEE. 

      Today, Annals of Economics and Statistics is the number one French journal in the fields of Economics and Econometrics, and our goal is to maintain its rank and to increase its international visibility and scientific reputation. The current policy can easily be described. First, we endeavor to improve the management of manuscripts and submissions. The editorial board was entirely renewed in 2009 with a list of young and talented associate editors representing various subfields of Economics. We try to reach a first decision on every submitted manuscript within 4 months, and to shorten the time to final decision. Second, we more than welcome papers written in English (although of course, our rules still say that papers can be submitted in French). Annals of Economics and Statistics will become an international reference only if interested readers in the United States, China, India, Europe and in all other parts of the world can have easy access to the journal and understand its articles.

      The regular series of Annals of Economics and Statistics will continue to publish refereed articles in all fields of economic theory, econometrics and applied economics. We will also continue to publish special issues, based on papers presented in international conferences held in France and sponsored by ADRES, as these volumes have greatly contributed to the reputation of Annals. The journal can play a rôle in publishing rigorously crafted empirical work on important policy questions, using up-to-date methods and based on French data, but this is not its only purpose, and, as before, we will welcome all sorts of submissions, including pure theory.

      Third, in addition to regular issues, we plan to launch a new series of special issues, entirely written in French, under the traditional French title, Annales d’économie et de statistique, and devoted to policy questions and debates. In principle, and for these special policy-issues only, we would then translate into French the articles written by foreign contributors. The papers of these policy issues should be essentially non-technical and aim at arousing the interest of a wider audience, beyond purely academic circles, while keeping high standards of scientific rigor. Fourth, we plan to develop a new website that will permit up-to-date electronic publishing of the journal.  Finally, Annals is currently in the middle of a catch-up, retrieval plan and we hope to print (and post) all of the 2010 and 2011 issues before the end of 2011.

 

      Paris, November 2010.

      Robert J. Gary-Bobo, Editor.

                   

1.    René Roy gave his name to the well-known “Roy equations” of consumer theory.

 

       References

CASS, David and Karl SHELL (1982): "Les taches solaires ont-elles de l'importance?",  Cahiers du séminaire d'économétrie, 24, 93-127 [5]

HAUSMAN, Jerry, LEONARD, Gregory and J. Douglas ZONA (1994): “Competitive Analysis with Differentiated Products”, Annales d’économie et de statistique, 34, 159-180 [5].

Karl SHELL (1977): "Monnaie et allocation intertemporelle" title and abstract in French, text in English, mimeo. Séminaire Roy-Malinvaud, C.N.R.S., Paris, November 21, 1977. Translation to be published in Macroeconomic Dynamics as a Vintage Unpublished Paper [5]