How to Publish Papers in High Quality Journals Prepared by Carl R. Chen Editor, International Review of Economics and Finance For The 15th Pacific Basin Finance, Economics, Accounting, and Management Annual Conference I. Publication is very Competitive Number of unweighted publications (1990-2004) One publication Two publications Three publications Four publications Five publications Six publications Seven publications Eight publications Nine publications Ten publications Eleven publications Twelve publications Thirteen publications Fourteen publications Fifteen or more publications Total Number of authors 3,583 1,099 580 371 253 192 151 93 97 74 57 44 31 24 118 6,767 % of total 52.95 16.24 8.57 5.48 3.74 2.84 2.23 1.37 1.43 1.09 0.84 0.65 0.46 0.35 1.74 100.00 Cumulative % 52.95 69.19 77.76 83.24 86.98 89.82 92.05 93.42 94.86 95.95 96.79 97.44 97.90 98.26 100 Source: Chan, Chen, and Lung, “One-and-Half Decades of Global Research Output in Finance:1990-2004,” Review of Quantitative Finance and Accounting, 2007. Top-5 Top-5 2004 2002 2000 Year 1998 1996 1994 1992 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 1990 JF-Pages • Total JF-Pages Published All 21 Journals Source: Chan, Chen, and Lung, “One-and-Half Decades of Global Research Output in Finance:1990-2004,” Review of Quantitative Finance and Accounting, 2007. II. Target Journals • What is my chance? AAI: Author Affiliation Index Proportion of the authors from top-80 academic programs Journal Rank 1 1 3 4 5 6 7 8 9 10 Journal Title Journal of Finance Review of Financial Studies Journal of Financial Economics Journal of Financial and Quantitative Analysis Journal of Business Journal of Corporate Finance Journal of Financial Markets Financial Analysts Journal Financial Management Journal of Financial Intermediation AAI 0.803 0.803 0.709 0.599 0.558 0.511 0.484 0.372 0.370 0.353 Source: Chen and Huang, “Author Affiliation Index, Finance Journal Ranking, and the Pattern of Authorship,” Journal of Corporate Finance, 2007, forthcoming. 11 12 13 14 15 16 17 18 18 20 21 22 23 24 25 26 27 28 29 30 30 32 33 34 35 36 37 38 39 40 41 Mathematical Finance Journal of Risk and Insurance European Finance Review Journal of Financial Research Journal of Derivatives Journal of Financial Services Research Financial Markets, Institutions and Instruments Journal of Computational Finance Journal of Empirical Finance Financial Review Review of Quantitative Finance and Accounting European Financial Management Journal of Banking and Finance Review of Financial Economics Quarterly Review of Economics and Finance Journal of Fixed Income International Finance Journal of Portfolio Management Journal of Futures Markets International Review of Economics and Finance Journal of Behavioral Finance Journal of International Money and Finance Multinational Finance Journal Journal of Multinational Financial Management Journal of Int. Fin. Markets, Institutions & Money Pacific-Basin Finance Journal European Journal of Finance Journal of Business Finance and Accounting International Review of Financial Analysis Global Finance Journal Applied Financial Economics 0.294 0.292 0.286 0.272 0.250 0.247 0.242 0.239 0.239 0.206 0.203 0.199 0.197 0.194 0.189 0.181 0.172 0.158 0.150 0.147 0.147 0.142 0.133 0.128 0.119 0.114 0.097 0.094 0.071 0.042 0.028 III. Will Co-Authorship Enhance My Chance? Authorship Pattern JF JFE JCF JFM JFR FR % articles with at least one author from top 20 % articles with at least one author from top 80 0.55 0.48 0.15 0.22 0.05 0.03 0.87 0.75 0.62 0.58 0.38 0.28 % solo authored articles From top 20 From top 21-80 From “others” 0.3 0.39 0.28 0.33 0.283 0.35 0.35 0.29 0.333 0.15 0.6 0.25 0.317 0.105 0.37 0.53 0.25 0 0.33 0.67 0.233 0.07 0.36 0.57 % co-authored articles At least one from top 20 At least one from top 80 All from top 20 and same school All from top 80 and same school All from top 20 but not same school All from top 80 but not same school At least one from top 20, one from 21-80 At least one from top 20, one from “others” At least one from top 80, one from “others” All from “others” 0.7 0.62 0.95 0.143 0.717 0.53 0.77 0.116 0.667 0.15 0.55 0.025 0.683 0.22 0.63 0.024 0.75 0.05 0.4 0 0.767 0.03 0.24 0 0.238 0.139 0.125 0.049 0.067 0.021 0.119 0.163 0.025 0 0 0 0.381 0.349 0.075 0.195 0.11 0.02 0.191 0.209 0.025 0.146 0.067 0 0.167 0.116 0.075 0.097 0 0.022 0.333 0.30 0.375 0.366 0.222 0.174 0.024 0.116 0.375 0.22 0.51 0.587 This table reports patterns of authorship in six finance journals: Journal of Finance (JF), Journal of Financial Economics (JFE), Journal of Corporate Finance (JCF), Journal of Financial Markets (JFM), Journal of Financial Research (JFR), and Financial Review (FR). Source: Chen and Huang, “Author Affiliation Index, Finance Journal Ranking, and the Pattern of Authorship,” Journal of Corporate Finance, 2007, forthcoming. • Co-Authorship between Elite and Non-Elite Programs 0.4 0.3 0.2 0.1 0 JF JFE JCF JFM Elite & Non-elite Elite & Elite JFR FR Source: Chen and Huang, “Author Affiliation Index, Finance Journal Ranking, and the Pattern of Authorship,” Journal of Corporate Finance, 2007, forthcoming. • Co-Authorship between Top-80 and Non-Top 80 Programs 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0 JF JFE JCF JFM Top-80 & Others Top-80 & Top-80 JFR FR Source: Chen and Huang, “Author Affiliation Index, Finance Journal Ranking, and the Pattern of Authorship,” Journal of Corporate Finance, 2007, forthcoming. IV. Most Commonly Seen Criticisms – Makes no contributions – Mechanical application of statistics (econometrics) – Simply adopting a different country’s data to an existing method (model) – Sloppy writing, grammatical errors, typos