One of the oldest and most prestigious journals in economics, the Journal of Political Economy (JPE) has since 1892 presented significant research and scholarship in economic theory and practice. The journal aims to publish highly selective, widely cited articles of current relevance that will have a long-term impact on economics research. JPE's analytical, interpretive, and empirical studies in a number of areas—including monetary theory, fiscal policy, labor economics, development, micro- and macroeconomic theory, international trade and finance, industrial organization, and social economics—are essential reading for all economists wishing to keep up with substantive new research in the discipline.