Guide for Authors

GUIDE FOR AUTHORS

Journal of Fiscal Economics and Financial Algorithms (JFEFA)

Manuscript Preparation, APA 7 Writing and Reference Standards, Research Integrity, and Submission Requirements

1. General Information

The Journal of Fiscal Economics and Financial Algorithms (JFEFA) publishes original scholarly research in economics, public finance, taxation, financial economics, corporate finance, econometrics, computational finance, financial algorithms, and related interdisciplinary fields.

The journal accepts Research Articles and Review Articles in English or Turkish. Manuscripts undergo editorial screening and double-blind peer review, normally involving at least two independent reviewers.

JFEFA operates under a Diamond Open Access model. No submission, review, processing, or publication fees are charged. Published articles are distributed under the Creative Commons Attribution 4.0 International (CC BY 4.0) license.

2. Manuscript Length and Formatting

Both Research Articles and Review Articles must not exceed 10,000 words, excluding the reference list.

  • File format: Microsoft Word (.docx).
  • Page size: A4.
  • Margins: 2.54 cm on all sides.
  • Font: Times New Roman, 12 pt.
  • Line spacing: 1.5.
  • Text alignment: Justified.
  • First-line paragraph indent: 1.27 cm.
  • Page numbers: Bottom-left corner.
  • Headings: APA 7 heading hierarchy, without numbering.
  • References: APA 7, with a 1.27 cm hanging indent.

JFEFA follows APA 7 citation, reference, heading, table, and figure conventions, subject to the journal-specific page layout requirements stated above.

Running Header

Submitted manuscripts must include a concise running title without author-identifying information. In the published version, the short article title will appear on the left side of the header, while the journal abbreviation, publication year, volume, and issue information will appear on the right, where assigned. Authors must not invent publication information.

3. Title, Abstract, Keywords and JEL Classification

Title: Provide a clear, concise, and informative title using APA 7 sentence case.

Abstract: Every manuscript must include an English abstract of 150–250 words. Manuscripts written in Turkish must additionally include a Turkish abstract of 150–250 words. Abstracts should summarize the research purpose, methods, main findings, and original contribution.

Keywords: Provide 4–6 relevant English keywords. Turkish-language manuscripts must also provide 4–6 Turkish keywords.

JEL Classification: Provide 2–4 relevant codes in order of relevance. Consult the official American Economic Association JEL Classification System.

Example:

Keywords: Financial stability; Bank capital; Economic growth; Banking regulation; Financial risk

JEL Classification: G21, G28, E44, O40

4. Manuscript Structure

4.1. Research Articles

Research Articles present original empirical, theoretical, econometric, or computational research. The recommended structure is:

  1. Title, Abstract, Keywords and JEL Classification Codes
  2. Introduction
  3. Literature Review and Theoretical Framework
  4. Methodology and Data
  5. Results
  6. Discussion
  7. Conclusion
  8. References
  9. Appendices (if applicable)

Authors must clearly explain the research problem, original contribution, methods, data sources, results, limitations, and implications.

4.2. Review Articles

Review Articles must offer a critical and original synthesis of existing research. The recommended structure is:

  1. Title, Abstract, Keywords and JEL Classification Codes
  2. Introduction
  3. Review Scope and Research Questions
  4. Literature Search and Selection Methods
  5. Thematic Analysis and Critical Synthesis
  6. Research Gaps and Future Research Directions
  7. Conclusion
  8. References
  9. Appendices (if applicable)

Review Articles must go beyond descriptive summaries. Systematic reviews should report transparent search and study-selection procedures and follow applicable reporting standards, including PRISMA 2020 where appropriate.

Section headings may be adapted to the research design. The numbered sequences above are organizational examples; headings within submitted manuscripts must follow the unnumbered APA 7 system.

5. Headings, Tables, Figures and Mathematical Expressions

5.1. APA 7 Headings

  • Level 1: Centered, bold.
  • Level 2: Flush left, bold.
  • Level 3: Flush left, bold italic.
  • Level 4: Indented, bold, ending with a period; text continues on the same line.
  • Level 5: Indented, bold italic, ending with a period; text continues on the same line.

APA 7 headings use title case and must not be numbered in the manuscript.

5.2. Tables and Figures

Tables and figures must be numbered in separate consecutive sequences (Table 1, Table 2; Figure 1, Figure 2). Each must have a descriptive title, clear notes where necessary, and appropriate source acknowledgments. Refer to every table and figure in the manuscript text. Follow APA 7 presentation conventions and avoid unnecessary visual decoration.

5.3. Mathematical Equations

Mathematical expressions must be professionally formatted and editable. Authors may use Microsoft Word Equation Editor or LaTeX notation converted to editable Word equations. Screenshots or non-editable images of equations are not accepted. Displayed equations must be numbered consecutively using Arabic numerals in parentheses, aligned to the right. Define every mathematical symbol when first introduced.

Example: A panel regression model may be written as Yᵢ,ₜ = α + β₁Xᵢ,ₜ + β₂Zᵢ,ₜ + μᵢ + εᵢ,ₜ. Authors must typeset the actual expression using an editable equation tool in the manuscript.

5.4. Statistical, Econometric and Computational Reporting

Where applicable, authors must clearly report data sources, sample periods, model specifications, estimation methods, assumptions, coefficient estimates, standard errors, confidence intervals, diagnostic tests, and robustness checks. Statistical significance must be distinguished from economic or practical significance.

Computational and financial algorithm studies must describe relevant model architectures, data preparation, training and testing procedures, evaluation metrics, benchmark comparisons, and measures for reproducibility. Requirements must be adapted to the research design.

6. APA 7 In-Text Citations and References

6.1. In-Text Citations

JFEFA follows the APA 7 author–date citation system.

  • One author: (Author, 2024); Author (2024).
  • Two authors: (Flannery & Rangan, 2006); Flannery and Rangan (2006).
  • Three or more authors: (Bernanke et al., 1998); Bernanke et al. (1998).
  • Multiple citations: (Flannery & Hankins, 2013; Flannery & Rangan, 2006; Flannery & Sorescu, 1996).

Direct quotations must include a page number or another appropriate locator. Authors must verify quotation wording and location against the original source.

6.2. Reference List Rules

  • Arrange references alphabetically by the first author's surname.
  • Use a 1.27 cm hanging indent.
  • Use sentence case for article and book titles.
  • Italicize journal titles and volume numbers, but not issue numbers.
  • Apply APA 7 author-list conventions, including its rules for works with more than 20 authors.
  • Include a matching reference for every in-text citation.
  • Verify author names, years, titles, publication details, DOIs, and URLs.

6.3. DOI and URL Requirements

Authors must provide DOI links only when a DOI has been assigned to the cited publication. Use the format https://doi.org/xxxxx. If no DOI has been assigned, authors are not required to provide one. Include a URL where required by APA 7. Do not invent or insert placeholder DOI numbers. Do not add a period after a DOI or URL.

6.4. Reference Examples

The following examples illustrate APA 7 referencing using actual academic and institutional publications. They are provided solely for guidance; authors are not required to cite particular scholars or institutions.

Example 1 — Journal Article

Flannery, M. J., & Rangan, K. P. (2006). Partial adjustment toward target capital structures. Journal of Financial Economics, 79(3), 469–506. https://doi.org/10.1016/j.jfineco.2005.03.004

In-text citation: (Flannery & Rangan, 2006)

Additional examples by Mark J. Flannery and co-authors:

Flannery, M. J., & Sorescu, S. M. (1996). Evidence of bank market discipline in subordinated debenture yields: 1983–1991. The Journal of Finance, 51(4), 1347–1377. https://doi.org/10.1111/j.1540-6261.1996.tb04072.x

Flannery, M. J., & Hankins, K. W. (2013). Estimating dynamic panel models in corporate finance. Journal of Corporate Finance, 19(1), 1–19. https://doi.org/10.1016/j.jcorpfin.2012.09.004

Example 2 — Book

American Psychological Association. (2020). Publication manual of the American Psychological Association (7th ed.).

In-text citation: (American Psychological Association, 2020)

Example 3 — Chapter in an Edited Book

Bernanke, B. S., Gertler, M., & Gilchrist, S. (1999). The financial accelerator in a quantitative business cycle framework. In J. B. Taylor & M. Woodford (Eds.), Handbook of macroeconomics (Vol. 1, Part C, pp. 1341–1393). Elsevier. https://doi.org/10.1016/S1574-0048(99)10034-X

In-text citation: (Bernanke et al., 1999)

Example 4 — Working Paper

Bernanke, B. S., Gertler, M., & Gilchrist, S. (1998). The financial accelerator in a quantitative business cycle framework (NBER Working Paper No. 6455). National Bureau of Economic Research. https://doi.org/10.3386/w6455

In-text citation: (Bernanke et al., 1998)

Example 5 — Institutional Report

International Monetary Fund. (2024). World economic outlook, April 2024: Steady but slow: Resilience amid divergence. https://www.imf.org/en/Publications/WEO/Issues/2024/04/16/world-economic-outlook-april-2024

In-text citation: (International Monetary Fund, 2024)

Example 6 — Dataset

U.S. Bureau of Economic Analysis. (n.d.). Gross domestic product [GDP] [Data set]. Federal Reserve Bank of St. Louis. Retrieved November 2, 2026, from https://fred.stlouisfed.org/series/GDP

In-text citation: (U.S. Bureau of Economic Analysis, n.d.)

For dynamically updated datasets, use the actual retrieval date when APA 7 requires one. Cite a fixed dataset version instead when an appropriate archived version is available.

Example 7 — Webpage

World Bank. (2024, June 11). Global growth is stabilizing for the first time in three years. https://www.worldbank.org/en/news/press-release/2024/06/11/global-economic-prospects-june-2024-press-release

In-text citation: (World Bank, 2024)

Example 8 — Advance Online Publication

When a real journal article has been published online but has not yet been assigned a volume, issue, page range, or article number, use its actual author names, publication year, title, journal name, DOI, and the designation Advance online publication where appropriate.

APA 7 structure: Author, A. A., & Author, B. B. (Year). Article title. Journal Title. Advance online publication. https://doi.org/xxxxx

As a real illustration of an article subsequently assigned its final journal details, consult the verified publication below:

Flannery, M. J., & Hankins, K. W. (2013). Estimating dynamic panel models in corporate finance. Journal of Corporate Finance, 19(1), 1–19. https://doi.org/10.1016/j.jcorpfin.2012.09.004

This is the final published reference, not an advance-online reference. Always use the latest assigned bibliographic details when available; do not invent missing publication information.

For further information, consult the official APA Style reference examples.

10. Author Templates

Originality: Manuscripts must be original and must not be under consideration elsewhere. Plagiarism, fabrication, falsification, and inappropriate duplicate publication are prohibited.

Authorship: All authors must have made a substantive scholarly contribution and approved the manuscript, author order, and submission. Contributions must be described briefly in free text; CRediT terminology is not mandatory.

Funding: Disclose relevant funding organizations and grant numbers. State explicitly when no funding was received.

Competing Interests: Disclose financial and non-financial competing interests, including a declaration when none exist.

Research Ethics: Report ethical approvals, exemptions, consent, and compliance with applicable requirements where relevant.

Data and Code Availability: A Data Availability Statement is mandatory. Data and code sharing are encouraged where permitted. Explain restrictions arising from confidentiality, licensing, privacy, or legal obligations.

Generative AI: Disclose substantive use of generative AI tools, identifying the tools and their purposes. AI systems cannot be listed as authors. Human authors remain fully responsible for submitted content.

Double-Blind Review: All identifying author details and complete author declarations must appear on the separate Title Page. The anonymous manuscript must retain necessary methodological and ethical information without revealing author identities.

10. Author Templates

Authors can download the official JFEFA Word templates below. Please complete and upload each document separately.

Research Article and Review Article structures are explained in this Guide for Authors. No separate manuscript template is required.

Important: Authors must upload the Anonymous Manuscript, Title Page, and Cover Letter as three separate files.

Manuscripts that do not comply with JFEFA requirements may be returned for technical revision before editorial assessment.