nep-sog New Economics Papers
on Sociology of Economics
Issue of 2023‒11‒13
two papers chosen by
Jonas Holmström, Axventure AB

  1. A journal ranking based on central bank citations By Raphael Auer; Giulio Cornelli; Christian Zimmermann
  2. Navigating the challenges of business funding for research By Adeleke, Fola

  1. By: Raphael Auer; Giulio Cornelli; Christian Zimmermann
    Abstract: We present a ranking of journals geared toward measuring the policy relevance of research. We compute simple impact factors that count only citations made in central bank publications, such as their working paper series. Whereas this ranking confirms the policy relevance of the major general interest journals in the field of economics, the major finance journals fare less favourably. Journals specialising in monetary economics, international economics and financial intermediation feature highly, but surprisingly not those specialising in econometrics. The ranking is topped by the Brookings Papers on Economic Activity, followed by the Quarterly Journal of Economics and the Journal of Monetary Economics, the American Economic Journal: Macroeconomics, and the Journal of Political Economy.
    Keywords: central banks; citations; academic journals; ranking
    JEL: A11 E50 E58
    Date: 2023–10
  2. By: Adeleke, Fola
    Abstract: In 2021, I received a research grant from a private global corporation to convene a group of academics and practitioners to produce a series of research outputs that addressed the impact of data localisation in emerging data protection regulation across three African countries. While the project was successful, its implementation presented challenges. Some of these included navigating the bureaucracy of academic institutions to forge partnerships with corporations; dealing with concerns regarding research integrity in the face of conflicting objectives in an academic-business collaboration; as well as navigating power imbalances within the partnership. This paper addresses these challenges to explore solutions for managing independent research funded by powerful corporations. I discuss the risks, benefits, and requirements for both parties to forge a successful partnership. The solutions proposed here include understanding the type and form of partnership that will achieve the research objectives of each partner; maintaining transparency and open lines of communication between them; securing professional assistance on issues related to intellectual property, confidentiality, and the publication of research findings, as well as the importance of trust and mutual respect for each partner’s knowledge, expertise and overall contribution.
    JEL: L81
    Date: 2023–10–04

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