--- name: red-topic-selection description: Use when testing whether a research question fits the Review of Economic Dynamics (RED) — a journal whose scope is defined by method and lens (dynamic, quantitative economics) rather than subfield. Helps decide if the paper studies a genuinely dynamic mechanism through a dynamic model, and whether it belongs at RED versus a generalist or a specialist outlet. --- # Topic Selection for RED (red-topic-selection) ## When to trigger - Deciding whether a paper is "a RED paper" before investing in it - A dynamic-macro idea that could also go to a general-interest or a field journal - Worried the question is too static, too purely empirical, or too applied-micro for RED's lens ## What RED actually wants RED publishes meritorious original contributions to **dynamic economics**, and its scope is set by **method/lens, not subfield**. In-scope work studies a mechanism through a **dynamic model** — and that model may be **theoretical, computational, or empirical**: - Dynamic general-equilibrium (DSGE) and heterogeneous-agent models - Growth, business cycles, and economic fluctuations - Labor dynamics, search/matching, human capital over the life cycle - Monetary and fiscal policy in dynamic environments - International macro and open-economy dynamics - Any area of economics where the dynamics are the point and a dynamic model carries the argument Crucially, **heavily computational quantitative work is squarely in scope** — RED is one of the natural homes for simulation-intensive macro. The SED community (the people behind the SED Annual Meetings) is the readership; pitch to them. ## Quick fit test - [ ] Is the **dynamic mechanism** the core contribution (not incidental)? - [ ] Does a **dynamic model** carry the argument (theory, computation, or empirical dynamics)? - [ ] Would the **SED audience** see this as advancing dynamic economics? - [ ] Is the contribution quantitative/structural rather than a one-off reduced-form correlation? If the dynamics are cosmetic, or the paper is a static cross-section, RED is likely the wrong lens — reframe around the dynamic mechanism or choose another venue. ## Wrong-venue redirects - Mostly reduced-form policy estimate with no dynamic model -> field journal or applied-economics outlet. - Pure econometric method with no dynamic-economics object -> methods/econometrics outlet. - Broad macro paper whose contribution is policy relevance rather than dynamic mechanism -> generalist macro or policy journal. - Calibration exercise with no new mechanism, method, or disciplined moment -> revise before targeting RED. ## Dynamic-mechanism test Write the candidate contribution in this form: ```text Because [state variable] evolves through [law of motion/friction], [shock/policy/choice] changes [future object], generating [quantitative/theoretical implication]. ``` If the sentence still works after deleting the law of motion, the paper may not be a RED paper. If the result depends on dynamics but the model is not disciplined by moments, proofs, or computation, route to `red-data-analysis` before drafting. ## Fit-scoring pass Score each dimension 0–2 before committing the project to RED: | Dimension | 0 | 1 | 2 | |---|---|---|---| | Dynamics | static comparison | dynamics present but incidental | transition/fluctuation is the object | | Model | none or a sketch | calibrated model supports a side result | dynamic model carries the headline claim | | Discipline | parameters chosen freely | partial targets | explicit calibration/estimation against moments | | Audience | generalist or policy | field-adjacent | SED community would discuss it at the Annual Meeting | Illustrative read: 7–8 → proceed; 5–6 → strengthen the weak dimension first (usually Discipline); ≤4 → re-scope or pick another venue. The thresholds are working heuristics, not journal policy. ## Scoring vignette: a household-finance idea "Mortgage refinancing frictions and consumption." Version A regresses spending on rate gaps: Dynamics 1, Model 0, Discipline 0, Audience 1 → not a RED paper. Version B builds a life-cycle model with a fixed refinancing cost, calibrates that cost to observed refinancing hazards, and quantifies the mortgage channel of monetary transmission: Dynamics 2, Model 2, Discipline 2, Audience 2 → squarely in scope. Same topic, different lens — the venue decision turns on version B's dynamic model, not on the subject matter. ## Anti-patterns - Bolting a token dynamic equation onto an essentially static result - Assuming RED only takes theory, or only takes empirics (it takes both, through a dynamic lens) - Pitching to a generalist audience instead of the SED community ## Output format ```text [RED fit] strong / possible / weak [Dynamic mechanism] [Model discipline] theory / computation / calibration / estimation / missing [Best route] RED / generalist macro / field journal / methods outlet [Next step] red-contribution-framing or red-data-analysis ``` ## Supplementary resources - [`../../resources/official-source-map.md`](../../resources/official-source-map.md) — RED scope sources