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American Economic Association

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A learned society ( / ˈ l ɜːr n ɪ d / ; also scholarly , intellectual , or academic society ) is an organization that exists to promote an academic discipline , profession , or a group of related disciplines such as the arts and sciences . Membership may be open to all, may require possession of some qualification, or may be an honour conferred by election.

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28-593: The American Economic Association ( AEA ) is a learned society in the field of economics . It publishes several peer-reviewed journals. There are some 23,000 members. The AEA was established in 1885 in Saratoga Springs, New York by younger progressive economists trained in the German historical school , including Richard T. Ely , Edwin Robert Anderson Seligman and Katharine Coman ,

56-935: A consultant for the National Health Interview Survey and the National Longitudinal Surveys . She has served on advisory boards of the National Children's Study , the Committee on National Statistics, the National Academy of Science, the Environmental Defense Fund , and Blue Health Intelligence, the American Academy of Political and Social Science , the board of governors of Hackensack Meridian School of Medicine , and

84-496: A particular subject or discipline, provided they pay their membership fees. Older and more academic/professional societies may offer associateships and/or fellowships to fellows who are appropriately qualified by honoris causa , or by submission of a portfolio of work or an original thesis. A benefit of membership may be discounts on the subscription rates for the publications of the society. Many of these societies award post-nominal letters to their memberships. The membership at

112-554: A three-day annual meeting in January to present papers on general economic subjects. The annual meeting features about 500 scholarly sessions. A placement service to assist employers and job applicants begins a day before the meetings. A continuing education program is held immediately after the annual meeting. Topics vary from year to year. The AEA publishes three economics journals: the American Economic Review ,

140-729: Is a Canadian-American economist and the Henry Putnam Professor of Economics and Public Affairs at Princeton University's School of Public and International Affairs , where she is Co-Director of the Center for Health and Wellbeing. She is the 2024 President of the American Economic Association. She served as the Chair of the Department of Economics at Princeton from 2014–2018. She also served as

168-415: Is impacted by early life factors. Overall, her work shows that early childhood, including the fetal period, is of great importance for the development of children's productive capabilities (their 'human capital') and that programs targeting early childhood can be particularly effective in remediating childhood disadvantage. This work represents a departure from earlier work on collective bargaining in

196-584: Is published electronically monthly (except January and July). Each year, the AEA recognizes the lifetime research contributions of four economists by electing them Distinguished Fellows. The Association also awards the John Bates Clark Medal for outstanding research accomplishments in economics annually to a scholar under the age of 40; it is often referred to as the "Baby Nobel," as many of its recipients go on to become Nobel Laureates. As of 2024,

224-526: The Journal of Economic Literature , and the Journal of Economic Perspectives . In 2009, it began to publish four new area-specific journals, collectively American Economic Journal ( AEJ ), reporting on applied economics, economic policy, macroeconomics, and microeconomics. The AEA recognizes annually a Best Paper Award for papers published in each of the four areas. The AEA also publishes AEA Papers and Proceedings each May, featuring papers presented at

252-649: The Quarterly Journal of Economics , the Journal of Health Economics , the Journal of Economic Perspectives , the Journal of Population Economics , the American Economic Journal: Applied Economics , and the Journal of Public Economics . Currie is best known for her work on the impact of poverty and government anti-poverty policies on the health and well-being of children over their life cycle. She has written about early intervention programs, expansions of

280-804: The American Association for the Advancement of Science , specific to a given discipline, such as the Modern Language Association , or specific to a given area of study, such as the Royal Entomological Society . Most are either specific to a particular country (e.g. the Entomological Society of Israel ), though they generally include some members from other countries as well, often with local branches, or are international, such as

308-678: The American Economics Association in 2015 and also participated in the founding and evaluation of the AEA’s mentoring program for junior faculty. Currie received a B.A. in economics in 1982 and a M.A. in economics in 1983 from the University of Toronto . She then pursued graduate studies at Princeton University , where she received a Ph.D. in economics in 1988. Currie co-directs the Program on Children and Families at

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336-969: The International Federation of Library Associations and Institutions or the Regional Studies Association , in which case they often have national branches. But many are local, such as the Massachusetts Medical Society , the publishers of the internationally known The New England Journal of Medicine . Some learned societies (such as the Royal Society Te Apārangi ) have been rechartered by legislation to form quasi-autonomous non-governmental organizations . Membership may be open to all, may require possession of some qualification, or may be an honor conferred by election. Some societies offer membership to those who have an interest in

364-687: The JEL classification codes of the Journal of Economic Literature . The AEA sponsors RFE: Resources for Economists on the Internet , an online source available to the general public without subscription. It catalogues and annotates 2,000+ internet sites under some 97 sections and subsubsections. RFE is currently updated on a monthly basis. The AEA resource, Job Openings for Economists (JOE) originated in October 1974, and lists job openings for economists. It

392-842: The National Bureau of Economic Research . She is past president of the Society of Labor Economists, the Eastern Economics Association, the Western Economics Association , and the American Society of Health Economics , and previously served as vice-president of the American Economic Association . Currie has served as a member of the Advisory Committee on Labor and Income Statistics for Statistics Canada and as

420-1113: The World Association in Economics is free of cost. Following the globalization and the development of information technology, certain scholarly societies—such as the Modern Language Association—have created virtual communities for their members. In addition to established academic associations, academic virtual communities have been so organized that, in some cases, they have become more important platforms for interaction and scientific collaborations among researchers and faculty than have traditional scholarly societies. Members of these online academic communities, grouped by areas of interests, use for their communication shared and dedicated listservs (for example JISCMail ), social networking services (like Facebook or LinkedIn ) and academic oriented social networks (like Humanities Commons, ResearchGate , Mendeley or Academia.edu ). Janet Currie Janet Currie

448-481: The sociology of science argue that learned societies are of key importance and their formation assists in the emergence and development of new disciplines or professions. In the form of professional associations, they can assist in the creation of pathways to leadership. The World Association in Economics provides help to the members of the WAE on the following issues: Societies can be very general in nature, such as

476-585: The AEA meetings in January. Until 2017, these papers were published in the May issue of the American Economic Review . The AEA also produces EconLit , the AEA's electronic bibliography. It is a comprehensive index to peer-reviewed journal articles, books, book reviews, collective volume articles, working papers, and dissertations. Compiled and abstracted in a searchable format, EconLit indexes 125 years of economic literature worldwide. It follows

504-670: The Medicaid program, public housing, and food and nutrition programs. Beginning the early 1990s, she was one of the first economists to evaluate such programs from the point of view of the child. In work with Duncan Thomas and Eliana Garces, she showed that children in a public preschool program named Head Start made gains relative to their own siblings in terms of both test scores and longer-term measures of attainment. In work with Jonathan Gruber , she showed that expansions of public health insurance to low income women and children improved access to care and reduced infant mortality. Research on

532-763: The Opportunity and Inclusive Growth Institute at Federal Reserve Bank of Minneapolis . She was appointed by the New Jersey state legislature to the board of the New Jersey Integrated Population Health Data Project. She served on the Board of Reviewing Editors for Science magazine from 2014–2018, and as the editor of the Journal of Economic Literature from 2010–2013. She has held various editorial roles for numerous economic peer-reviewed journals, including

560-564: The adoption of EZ-Pass improved infant health in Pennsylvania and New Jersey received wide attention. Some of her work showing disparities in fetal exposure to pollution and their consequences is summarized in her 2011 Ely lecture to the American Economics Association . With Anna Aizer and Hannes Schwandt, she has shown that inequality in mortality is falling among U.S. children, at the same time that inequality in mortality among adults has been increasing, and attributed this improvement to

588-603: The effects of the safety net on American children is reviewed in her books: ″Welfare and the Wellbeing of Children″, and "The Invisible Safety Net." More recently, she has advocated for cash transfers, in conjunction with other safety net programs, given their helpfulness in raising families out of poverty. Currie has investigated broader socioeconomic determinants of fetal and child health , including health care , child maltreatment , nutrition, environmental pollution , and maternal education. Her work showing that

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616-688: The first female Chair of the Department of Economics at Columbia University from 2006–2009. Before Columbia, she taught at the University of California, Los Angeles and at the Massachusetts Institute of Technology . She was named one of the top 10 women in economics by the World Economic Forum in July 2015. She was recognized for her mentorship of younger economists with the Carolyn Shaw Bell Award from

644-534: The most prestigious academic journals in economics, namely, the American Economic Review . Once composed primarily of college and university economics teachers, the Association, headquartered in Nashville, Tennessee , now attracts increasing members from business and professional groups. Today, the membership is about 23,000, and over half are academics. About 15% are employed in business and industry, and

672-527: The only woman co-founder; Since 1900, it has been under the control of academics. The purposes of the Association are 1) The encouragement of economic research, especially the historical and statistical study of the actual conditions of industrial life; 2) The issue of publications on economic subjects; and 3) The encouragement of perfect freedom of economic discussion. The Association will take no partisan attitude nor commit its members to any position on practical economic questions. The Association publishes one of

700-769: The presentation and discussion of new research results, and publishing or sponsoring academic journals in their discipline. Some also act as professional bodies, regulating the activities of their members in the public interest or the collective interest of the membership. Some of the oldest learned societies are the Académie des Jeux floraux (founded 1323), Sodalitas Litterarum Vistulana (founded 1488), Accademia della Crusca (founded 1583), Accademia dei Lincei (founded 1603), Académie Française (founded 1635), German National Academy of Sciences Leopoldina (founded 1652), Royal Society (founded 1660) and French Academy of Sciences (founded 1666). Scholars in

728-412: The president of the association is Janet Currie . As of 2021, 18% of presidents have been alumni and 20% faculty of Harvard University . Past presidents of the association: Distinguished Fellow honorees include: Learned society Most learned societies are non-profit organizations , and many are professional associations . Their activities typically include holding regular conferences for

756-403: The protective effect of safety net programs. Her work on health care has focused on differences in physician behavior as one of the key determinants in variation in the care both children and adults receive. Currie's work on child mental health shows that mental health is a stronger predictor of future outcomes than many common childhood physical health problems and that children's mental health

784-516: The remainder largely by federal, state, and local government or other not-for-profit organizations. As an organization, the AEA has been very hierarchical, as the leadership has been dominated by academics from six academic institutions: Harvard, MIT, Chicago, Columbia, Stanford, and Princeton. AEA, in conjunction with over 50 associations in related disciplines known as the Allied Social Science Associations , holds

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