President's Report (2001)

Econometrica, Vol. 70, No. 3 (May, 2002)


The Econometric Society is an international association that promotes research in economics using quantitative approaches, both theoretical and empirical. The Soci- ety’s world-wide membership is organized in six regions, North America, Latin Amer- ica, the Far East, Australasia, South and South-East Asia, and Europe. In pursuit of its objectives, the Society publishes a journal, Econometrica, and a monograph series, and organizes meetings. Most regions hold annual meetings, and a World Congress meets every five years. The Society’s web site,, contains detailed information about its history, structure and operations, as well as instructions on how to join.


1. Econometrica

Econometrica publishes high-quality papers in economic theory, econometric theory, and empirical economics. Many studies rank it at the top among economics journals for its impact; for example, see Pantelis Kalaitzidakis, Theofanis P. Mamuneas, and Thanasis Stengos, “European Economics: An Analysis Based on Publications in the Core Jour- nals,” European Economic Review, 43, 1999, 1150–1168. Econometrica is currently edited by Glenn Ellison with the help of four Co-Editors and several Associate Editors. This year, Eddie Dekel, Joel Horowitz, and Andrew Postlewaite continued as Co-Editors, and on July 1 Costas Meghir replaced Richard Blundell who completed his term and did not wish to serve another term. On behalf of the Society, I am happy to thank all these, and all the Associate Editors, for their contribution to the journal’s success. Blundell con- tinues to provide valuable service to the Society in other capacities; see below. Dorothy Hodges continues in her invaluable role as Managing Editor, and I am happy to take this opportunity to express the Society’s gratitude to her.

The downside of the continued success of the journal is that the backlog of accepted papers has increased from 9 to 14 months. In an attempt to bring the backlog down to an acceptable level, the number of pages published per year was expanded by 5% in 2000, and by 31% in 2001, and will be expanded by at least that much in 2002.

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