The authors devise an “ambition-adjusted” journal ranking based on citations from a short list of
top general-interest journals in economics. Underlying this ranking is the notion that an ambitious
economist wishes to be acknowledged not only in the highest reaches of the profession, but
also outside his or her subfield. In addition to the conceptual advantages that they find in their
ambition adjustment, they see two main practical advantages: greater transparency and a consistent
treatment of subfields. They compare their 2008 ranking based on citations from 2001 to 2007
with a ranking for 2002 based on citations from 1995 to 2001. (JEL A11)
Federal Reserve Bank of St. Louis Review, May/June 2009, 91(3), pp. 127-39.

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