--- name: journal-of-money-credit-and-banking description: Use when targeting Journal of Money, Credit and Banking (JMCB) or deciding whether a money / banking / monetary-policy / macro-finance manuscript fits this venue. Encodes the journal's fit, framing, method-and-evidence bar, house style, official-submission re-check, and desk-reject heuristics. --- # Journal of Money, Credit and Banking (journal-of-money-credit-and-banking) ## Journal positioning The Journal of Money, Credit and Banking (JMCB) is a leading field outlet for monetary economics, banking, and macro-finance, with a strong emphasis on applied and policy-relevant work. The paper that wins here addresses a question about money, credit, banks, or monetary policy and answers it with disciplined empirics or a quantitative model that speaks to central-bank and financial-stability concerns. The readership includes monetary and financial economists, central-bank researchers, and policy analysts, so policy relevance and credible empirics matter as much as theoretical novelty. This skill is a **fit / venue-selection / re-framing** tool. It does not replace the journal's current official submission guidelines. Before submitting, re-check the live author instructions on the publisher's own site or submission system. ## When to trigger - The author names JMCB (or a money/banking field outlet) as the target venue. - A paper studies monetary policy, banking, or credit and the author is choosing among macro, monetary, and finance field venues. - An empirical-macro or banking paper needs re-framing so the money/credit mechanism and policy relevance, not just the regression, is the contribution. - The author needs JMCB's desk-reject risks and a credible monetary / banking / macro-finance alternative list before submitting. ## Scope & topic fit - Monetary policy: transmission, central-bank behavior, inflation, interest rates, and unconventional policy. - Banking and financial intermediation: bank lending, capital, liquidity, regulation, and financial stability. - Credit markets, the credit channel, and the interaction of the financial sector with the macroeconomy. - Macro-finance and applied monetary macro where the question connects money, credit, and aggregate or policy outcomes. ## Method & evidence bar - Empirical work must take identification seriously (policy shocks, high-frequency identification, narrative methods, SVAR/local projections, bank-level variation) and confront alternative explanations. - Quantitative models should be disciplined to data with a transparent mechanism and defensible quantitative claims tied to money/credit/policy. - Reduced-form banking and credit empirics need a credible source of variation and the usual DiD/IV/RDD rigor, with confounders pre-empted. - Robustness across specifications, samples, and policy regimes is expected; policy relevance should be made explicit. ## Structure & house style - The introduction states the money/credit/policy question, the identification or model, the mechanism, the headline, and the policy implication, and says why it matters for monetary or banking economics. - Make the contribution explicit against the closest monetary/banking work; tie the empirical or quantitative result to a policy reading where relevant. - The journal uses an abstract and JEL codes; an online/supplementary appendix carries derivations, additional specifications, and robustness. - Exhibits report magnitudes, impulse responses, and policy-relevant quantities; the central result should be legible from a key figure or table. ## Official-submission checklist - Before giving submission-ready advice, read `../../resources/source-basis.md` and `../../resources/official-source-map.md`; start from the official source anchors for this journal family, then cite the current journal-specific page you checked. - Search the live site for "Journal of Money, Credit and Banking submission guidelines / author instructions" and follow the current Ohio State / Wiley version, not a third-party broker's copy. - Re-check formatting, abstract/JEL codes, reference style, anonymization expectations, the supplementary-appendix policy, and the data & code availability requirements. - Re-check the current replication/data-deposit expectation and any structured-submission requirements on the editorial system. - If the live official instructions conflict with this skill, the official instructions win. ## Pre-submission self-check - [ ] One sentence stating why a monetary or banking economist (or policymaker) should care about this result. - [ ] The contribution is stated as identification / mechanism / quantitative result + policy relevance, not as a significant coefficient. - [ ] The introduction positions the paper against the current monetary/banking frontier on this question. - [ ] Identification of shocks/policy or structural primitives is credible, and inference matches current standards. - [ ] Data, code, and the replication package are documented and ready. ## Common desk-reject triggers - A money/credit regression with endogeneity and no credible identification of the policy or shock. - A quantitative model with one extra feature and no new mechanism or policy-relevant insight. - An empirical result with statistical significance but no economic magnitude, mechanism, or policy reading. - A general macro or corporate-finance paper with no money/credit/banking core framed for this venue. ## Re-routing decision - Field-leading quantitative macro and monetary mechanism → `journal-of-monetary-economics`; general-interest macro → `american-economic-review` or `aej-macroeconomics`. - Macro-finance asset pricing and intermediation at the finance top-3 → `journal-of-finance`. - Long-run growth and development → `journal-of-economic-growth`; international monetary and capital flows → `journal-of-international-economics`. - Quantitative dynamics → `review-of-economic-dynamics`; pure monetary theory mechanism → `journal-of-economic-theory`. ## Output format ```text [Fit] High / Medium / Low (one-line reason) [Target] Journal of Money, Credit and Banking [Topic tags] <2–3 closest topics> [Method/evidence] [Top risk] [Official items to re-check] [Re-route suggestion] ```