UCLA; National Bureau of Economic Research (NBER)
June 2, 2013
This paper analyzes referee recommendations at the SFS Cavalcade, where a known algorithm matched referees to submissions, and at eight prominent economics and finance journals (ECMTA, JEEA, JET, QJE, IER, RAND, JF, RFS). The behavior of referees was similar in all venues. The referee-specific component was about twice as important as the common component. Referees differed both in their scales (some referees were intrinsically more generous than others) and in their opinions of what a good paper was (they often disagreed about the relative ordering of papers). My paper quantifies these effects.
Number of Pages in PDF File: 36
JEL Classification: A14
Date posted: August 29, 2012 ; Last revised: June 3, 2013
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