Article ID: | iaor20163278 |
Volume: | 39 |
Issue: | 3 |
Start Page Number: | 291 |
End Page Number: | 322 |
Publication Date: | Sep 2016 |
Journal: | Journal of Financial Research |
Authors: | Crook Matthew D, Walkup Brian R |
Keywords: | statistics: inference, networks |
Using a sample of 20 finance journals from 1985 to 2014, we develop a robust, iterative loop ranking system for journals, universities, and doctoral programs across five‐year intervals. Unlike past models, our dynamic model requires minimal reliance on external rankings. New journals create an immediate impact on rankings, likely because they attract high‐profile authors in early issues. Niche journals rank higher than broad‐based journals outside the top five. Our results demonstrate increased productivity of international universities and nonacademic institutions relative to U.S. universities. International doctoral programs experience similar increases in graduate productivity. Over time, collaboration between authors at different institutions increases.