Advice to RefereesAre referees compensated in any way?
Yes. Referees who submit reports on time receive a free one-year (online-only) membership in the Canadian Economics Association (CEA), which includes a subscription to the Journal, and means that these referees can submit papers without paying a membership fee. The time allowed for a report is eight weeks.
For referees who already belong to the CEA, the extra membership year will be added to their memberships. For referees who do not yet belong to the CEA, a free membership will be granted for the remainder of the current calendar year or for the following calendar year if the review is received between October and December.
This compensation applies only to the "first round" on a paper. Free membership is small compensation for the effort involved, but it does provide some tangible recognition of referees' contributions.