Submission Instructions

Electronic Submission

Submit a PDF file of your manuscript at or as an email attachment to . Make sure that your mathematics have come through the distilling process intact. All other file types of manuscripts must be as an email attachment.

The current submission fees are $150 for subscribers and $200 for non-subscribers. If you wish to pay using MasterCard, Visa, or American Express, please click here for a secure online system.  Submissions are not processed by the Editors until we have received both the manuscript and the submission fee.  There is no submission fee for a resubmitted revised paper.

Payments to Referees

Starting January 1, 2015, the JMCB increased its payments to referees to $100 or a one year subscription for reports received within one month and $40 for those received within two months. We are also shifting to email and the internet as much as possible. These actions should significantly speed up our editorial process. Our higher costs, however, require higher submission fees. We hope that most authors will regard these changes to Internet services as an improvement.

Article Format Instructions

Papers must be in English, must contain original unpublished work, must not be under consideration for publication elsewhere, and should not exceed 50 pages in overall length. Authors should not submit papers previously published or forthcoming in books with ISBN codes.

Manuscripts should be typewritten, double-spaced, on paper 8 1/2 x 11 inches in size, with margins at least 1 inch wide. An abstract, double-spaced, must accompany the article. It should summarize the main points of the paper in no more than 100 words. Authors must supply their professional title, department, and the name of the institutions with which they are affiliated on both the title page and the abstract.

Upon acceptance, contributors will be asked to supply an electronic version of their manuscript in a word processing file format saved in Word, WordPerfect, Scientific Word, or Latex format, and must also provide a .pdf file. Authors should also submit an ASCII text file of their data.

Literature Cited

All works cited should be listed separately by author in a double-spaced list at the end of the manuscript. Examples:


Blanchard, Olivier J., and Stanley Fischer. (1989). Lectures on Macroeconomics. Cambridge, MA.: MIT Press.

Chapter in Book

Fischer, Stanley. (1986). "Contracts, Credibility, And Disinflation." In Indexing, Inflation, and Economic Policy,pp. 221-245. Cambridge, MA: MIT Press.

Chapter in Edited Book

Carmichael, Jeffrey, Jerome Fahrer, and John Hawkins. (1985). "Some Macroeconomic Implications of WageIndexation: A Survey." In Inflation and Unemployment: Theory, Experience, and Policy-Making, edited by Victor E. Argy and J. W. Nevile, pp. 78-102. London: Allen and Unwin.


Gray, Jo Anna. (1976). "Wage Indexation-A Macroeconomic Approach." Journal of Monetary Economics 2, 221-235.

Multiple Entries by Same Author(s) and Same Year

Jadresic, Esteban. (1998a). "The Macroeconomic Consequences of Wage Indexation Revisited." IMF Working Paper 98/15, International Monetary Fund, February 1998.

Jadresic, Esteban. (1998b). "Macroeconomic Consequences of Wage Indexation Revisted." IMF Working Paper 98/15, International Monetary Fund, February 1998.

Order of References

One author alphabetic, then chronologically, then a, b, etc. if same year. Two author alphabetic on first author, then alphabetic on second author, then chronologically, then a, b, etc. if same year. Continue same pattern for three or more authors. No dashes for series of entries for same author(s).

References to the literature in the text and footnotes should be made by means of the last name(s) of the author(s) followed by the year of publication enclosed in parentheses, without punctuation: Barro (1981). When a particular page, section, or equation is referred to, the references should also be placed within parentheses: (Box and Jenkins 1976, p. 361), (Hopewell and Kaufman 1974a, eq. 3).


Footnotes should not be used for the purpose of citation.


Equations must be typed and important displayed equations identified by consecutive Arabic numbers in parentheses on the right. Expressions should be aligned and compound subscripts and superscripts clearly marked if there is any potential for confusion. Handwritten symbols should be identified in the margin the first time they appear. Equations should not be unnecessarily numerous or complex. A slash (/) should be used to separate the numerator and denominator of all in-text fractions and short displayed fractions. Multiple dots and bars over expressions should be avoided where primes can be used. Indicate boldface characters by drawing a wavy line (~) under them; a single underline (a) means italic to a printer.


Illustrations submitted with the final draft must be of professional quality, ready for reproduction, executed on white paper, in black ink, with clear, medium weight, black lines and figures. Typewritten lettering should not appear in illustrations. They should be numbered consecutively. All illustrations must have captions.


Tables should be numbered consecutively throughout the article and typed on separate sheets at the end of the manuscript. Each table must include a descriptive title and headings to columns. Gather general footnotes to tables as "Note:" or "Notes:", and use a, b, c, etc., for specific footnotes. Asterisks * and/or ** indicate significance at the 5 percent and 1 percent levels, respectively, if used.

Copyrighted Material

Permission to reprint any previously published material (e.g., tables, illustrations, text extracts) must be obtained by the author from the copyright holder and copies of the grants of permission must be submitted to the editors with the final draft of the manuscript.