Preparing a Referee Report : Guidelines and Perspectives

Peer review is fundamental to the efficacy of the scientific process. We draw from our experience both as editors, authors and association representatives to provide a set of guidelines for referees in preparing their reports and cover letters to journal editors. While our document is directed to anyone asked to review a paper, our suggestions are especially relevant for new members of the profession when preparing their first reports.The Appendix to this document contains a Checklist. The Checklist is also available "https://ssrn.com/abstract=2887708" here.Also see our companion paper, "https://ssrn.com/abstract=2874625" How to Write an Effective Referee Report and Improve the Scientific Review Process, which includes comments by former editors of economics and finance journals