The Economic Journal is one of the founding journals of modern economics, publishing its 500^th issue in January 2005. Over the past 115 years the journal has provided a platform for high quality and imaginative economic research, earning a worldwide reputation for excellence as a general journal publishing papers in all fields of economics for a broad international readership. It is invaluable to anyone with an active interest in economic issues and is a key source for professional economists in higher education, business, government and the financial sector who want to keep abreast of current thinking in economics.

Originally launched with the aim of promoting the advancement of economic knowledge, the general aim of The Economic Journal remains consistent with that of its founders. As a general journal it welcomes submissions whether they be theoretical or applied, or orientated towards academics or policymakers. The journal also places a substantial premium on creative and provocative research. The Editors and Associate Editors are drawn from leading international research institutions and cover a wide range of expertise.  As well as providing the reader with a broad spectrum of high quality, stimulating papers the new Editorial Board is committed to providing rapid feedback to submitting authors.

The Economic Journal has three types of issue:

• Articles More than forty high quality refereed articles are published each year offering some of the best new work in theoretical, applied and empirical research from across the entire field of economics.

• Features Publishing symposia, special articles and regular features on data and technology.
  • The symposia and special articles cover topical policy-relevant questions in contemporary economics and, whilst maintaining high academic standards, are accessible to a wide readership.
  • Extensive Book Reviews by specialist economists.

• Conference Papers The Annual Conference issue is published in March each year and includes the best papers presented at the Annual Royal Economic Society Conference as chosen by the editorial board.
  

The Effects of Labour Market Policies in an Economy with an Informal Sector
James Albrecht, Lucas Navarro & Susan Vroman

Monetary Policy, Endogenous Inattention, and the Volatility Trade-off
William Branch, John Carlson, George Evans & Bruce McGough

Heritage and Agglomeration: The Akron Tire Cluster Revisited
Guido Buenstorf & Steven Klepper

Exchange and Specialisation as a Discovery Process
Sean Crockett, Vernon L. Smith & Bart J. Wilson

Measuring Financial Asset Return and Volatility Spillovers, with Application to Global Equity Markets
Francis X. Diebold & Kamil Yilmaz

The Empirics of International Currencies: Historical Evidence
Marc Flandreau & Clemens Jobst

The Economic Journal ISSN code: 0013-0133