Skip to main content

1. Aim and Scope

Economic & Financial Analysis Letters (EFL) is a peer-reviewed academic journal that publishes short, high-impact, and original research in economics, finance, public finance, and related disciplines.

The journal adopts a letter format and prioritizes originality, methodological rigor, analytical clarity, and reproducibility.

EFL accepts manuscripts only in English and Turkish. All submissions must include a title, abstract, keywords, and JEL classification codes in English.

2. Manuscript Type and Length

The journal publishes only manuscripts in the letter format.

Studies submitted in the letter format should have the following characteristics:

  • A clearly defined research question
  • A clear theoretical or empirical contribution
  • Concise and appropriate positioning within the relevant literature
  • Transparent and reproducible methodology
  • Direct and clear presentation of findings

Length Requirements

  • Main text: 2,000–3,000 words, excluding references and appendices
  • Abstract: 150–200 words
  • An online appendix may be provided for technical details
  • Manuscripts exceeding these limits may be returned without being sent for peer review.

3. Manuscript Structure

Manuscripts should include the following sections:

  • Title
  • Abstract
  • Keywords: 3–6 keywords
  • JEL Classification Codes
  • Introduction
  • Data and Methodology or Theoretical Framework
  • Findings
  • Conclusion
  • References
  • Appendix, if applicable

The introduction should clearly state the research gap and the contribution of the study. Long and detailed literature reviews should be avoided.

4. Double-Blind Peer Review Policy

The journal applies a strict double-blind peer review system.

Each manuscript is:

  • Subject to initial editorial screening
  • Checked for similarity and plagiarism
  • Evaluated by at least two independent reviewers

Submission Files

Authors are required to upload the following files:

A. Anonymous Manuscript File

The anonymous manuscript file must not include:

  • Author names
  • Institutional affiliations
  • Acknowledgements
  • Funding information
  • Any statements or information that may reveal the identity of the author(s)

B. Cover Page — Separate File

The cover page must include:

  • Author names and institutional affiliations
  • ORCID numbers
  • Corresponding author information
  • Funding information
  • Conflict of interest statement
  • Ethics committee approval information, if applicable

Failure to comply with anonymization requirements may result in rejection before peer review.

5. Publication Ethics and Research Misconduct Policy

The journal adopts international publication ethics standards in accordance with the principles of the Committee on Publication Ethics (COPE).

Author Responsibilities

Authors must ensure that:

  • The work is original
  • The manuscript is not under consideration elsewhere
  • All sources are properly cited
  • The data are accurate and have not been falsified or manipulated
  • Authorship is based on genuine scholarly contribution
  • Any potential conflicts of interest have been disclosed

Reviewer Responsibilities

Reviewers must:

  • Maintain confidentiality
  • Provide objective evaluations
  • Disclose any conflicts of interest
  • Refrain from using privileged information for personal advantage

Editor Responsibilities

Editors must:

  • Make fair and impartial decisions
  • Base their decisions solely on academic criteria
  • Maintain confidentiality
  • Avoid conflicts of interest

In Cases of Research Misconduct

If plagiarism, data fabrication, duplicate submission, or any ethical violation is detected:

  • The manuscript may be rejected or retracted
  • The authors’ institutions may be notified
  • A formal investigation may be initiated

6. Policy on AI-Assisted Writing

Authors are required to disclose any artificial intelligence tools used during the preparation of the manuscript.

Permitted Uses:

  • Language editing
  • Grammar correction

Prohibited Uses:

  • Data generated by artificial intelligence
  • Undisclosed AI-assisted analyses
  • Listing artificial intelligence as an author

Authors remain fully responsible for the entire content of the manuscript. If artificial intelligence tools have been used, this must be disclosed on the cover page.

7. Data Transparency and Reproducibility Policy

For empirical studies, the following statements are required:

Data Availability Statement

Authors must indicate whether the data are:

  • Publicly available
  • Available upon request
  • Restricted, with a clear justification

Code Availability Statement

Authors must indicate the availability of statistical codes and replication files, including files prepared in software such as Stata, R, Python, or similar programs.

Manuscripts may be rejected if adequate transparency is not provided.

8. Preprint Policy

The journal permits the submission of manuscripts previously published as preprints on the following platforms:

  • SSRN
  • arXiv
  • RePEc
  • Institutional repositories

Authors must disclose preprint information at the time of submission.

Once the manuscript is accepted, the preprint version should be updated to indicate the final journal publication.

9. Appeals and Complaints Process

Authors may appeal editorial decisions. Appeals must include:

  • A reasoned written explanation
  • A point-by-point response document

Appeals are evaluated by the Editor-in-Chief and, when necessary, by an independent editor.

Complaints concerning ethical issues or misconduct are reviewed confidentially.

10. Editorial Independence

Editorial decisions are made independently of:

  • Institutional pressure
  • Financial influence
  • The author’s title, rank, or institutional affiliation

The final decision is based solely on academic criteria.

11. Special Issue Policy

Special issues may be prepared:

  • By decision of the Editorial Board
  • Upon the proposal of guest editors

Guest editors must:

  • Comply with the double-blind peer review system
  • Avoid conflicts of interest
  • Apply the journal’s editorial standards

The final acceptance decision rests with the Editor-in-Chief.

12. Formatting Guidelines

Manuscripts should comply with the following formatting requirements:

  • A4 page size
  • 2.5 cm margins
  • Times New Roman, 12-point font
  • 1.5 line spacing
  • Justified text alignment
  • Tables and figures must be clear, understandable, and numbered
  • Equations must be numbered

13. Citation Style — APA 7th Edition

The journal uses the APA 7th edition citation style.

Examples for different source types are provided below.

Journal Article
Fama, E. F., & French, K. R. (1993). Common risk factors in the returns on stocks and bonds. Journal of Financial Economics, 33(1), 3–56.

Book
Blanchard, O. (2017). Macroeconomics (7th ed.). Pearson.

Book Chapter
Rodrik, D. (2008). Second-best institutions. In E. Helpman (Ed.), Institutions and economic performance (pp. 99–133). Harvard University Press.

Published Conference Paper
Angrist, J. D., & Pischke, J.-S. (2010). The credibility revolution in empirical economics. In Proceedings of the American Economic Association Annual Meeting (pp. 15–20).

Conference Abstract
Yılmaz, A. (2022). Monetary policy transmission in emerging markets [Conference abstract]. European Economic Association Annual Congress.

Institutional Report
International Monetary Fund. (2023). World Economic Outlook: Navigating global divergences. IMF.
World Bank. (2022). Global economic prospects. World Bank.
OECD. (2021). Economic outlook No. 110. OECD Publishing.

Working Paper
Acemoglu, D., & Robinson, J. (2019). The narrow corridor (NBER Working Paper No. 25629). National Bureau of Economic Research.

Dataset
Federal Reserve Bank of St. Louis. (2023). Federal Funds Rate (FRED Series ID: FEDFUNDS). https://fred.stlouisfed.org

Website
European Central Bank. (2023). Monetary policy decisions. https://www.ecb.europa.eu

Newspaper
The Economist. (2023, May 15). The future of central banking.

Official Institutional Publication
Republic of Türkiye Ministry of Treasury and Finance. (2022). Public debt management report.

14. Copyright

Upon acceptance of the manuscript, authors are required to sign a copyright transfer agreement.

Unless otherwise stated, no submission or publication fee is charged.