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Until recently, results of significant research in the field of economics were communicated to the scholarly world mostly through the conventional medium of journal articles. Not only have such journals proliferated in number, but the manuscript turnover time has increased considerably, resulting in delay, in the dissemination of current developments. Last year economics joined a few other disciplines with the publication of its first letters journal, consisting of short communications or “Letters,” which provides a rapid medium to announce new results, models and methods. Published by North Holland, the new monthly, entitled appropriately Economics Letters, will carry research communications of not more than four pages each. Readers may also recall that in my previous state of the art survey (RSR v6 n1, 1978, p21), I had briefly noted the institution of an annual series by the JAI Press devoted to current and ongoing research in business and economics.

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