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American Economic Journal: Macroeconomics

2009 - 2026

Current editor(s): Simon Gilchrist

From American Economic Association
Contact information at EDIRC.

Bibliographic data for series maintained by Michael P. Albert ().

Access Statistics for this journal.
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Volume 18, issue 1, 2026

Mental Accounts and Consumption Sensitivity across the Distribution of Liquid Assets pp. 1-33 Downloads
James Graham and Robert A. McDowall
'Less Is More': Consumer Spending and the Size of Economic Stimulus Payments pp. 34-68 Downloads
Michelle Andreolli and Paolo Surico
From Deviations to Shortfalls: The Effects of the FOMC's New Employment Objective pp. 69-101 Downloads
Brent Bundick and Nicolas Petrosky-Nadeau
Uncertainty and the Economy: The Evolving Distributions of Aggregate Supply and Demand Shocks pp. 102-48 Downloads
Geert Bekaert, Eric Engstrom and Andrey Ermolov
Trade, Value Added, and Productivity Linkages: A Qualitative Analysis pp. 149-86 Downloads
François de Soyres and Alexandre Gaillard
Accounting for Wealth Concentration in the United States pp. 187-222 Downloads
Bariş Kaymak, David Leung and Markus Poschke
IT and Urban Polarization pp. 223-59 Downloads
Jan Eeckhout, Christoph Hedtrich and Roberto Pinheiro
Anatomy of the Greek Depression with Firm-Level Data: The Importance of Demand Shocks pp. 260-96 Downloads
Stelios Giannoulakis and Plutarchos Sakellaris
The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare pp. 297-335 Downloads
Almut Balleer, Georg Duernecker, Susanne Forstner and Johannes Goensch
Parallel Digital Currencies and Sticky Prices pp. 336-83 Downloads
Harald Uhlig and Taojun Xie
Bank Risk-Taking, Credit Allocation, and Monetary Policy Transmission: Evidence from China pp. 384-415 Downloads
Xiaoming Li, Zheng Liu, Yuchao Peng and Zhiwei Xu

Volume 17, issue 4, 2025

Temporary Layoffs, Firm Entry and Exit Dynamics, and Aggregate Fluctuations pp. 1-44 Downloads
Sanjay Chugh and Alan Finkelstein Shapiro
The Dynamics of Development: Innovation and Reallocation pp. 45-81 Downloads
Francisco J. Buera and Roberto N. Fattal-Jaef
The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics pp. 82-123 Downloads
Christian Matthes and Felipe Schwartzman
Cyclical Attention to Saving pp. 124-67 Downloads
Alistair Macaulay
The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle? pp. 168-203 Downloads
Marcus Hagedorn, Iourii Manovskii and Kurt Mitman
Real Exchange Rates and Endogenous Productivity pp. 204-61 Downloads
Nils Gornemann, Pablo A. Guerrón Quintana and Felipe Saffie
Time to Say Goodbye: The Macroeconomic Implications of Termination Notice pp. 262-311 Downloads
Tomer Ifergane
GDP-B: Accounting for the Value of New and Free Goods pp. 312-44 Downloads
Erik Brynjolfsson, Avinash Collis, Walter Diewert, Felix Eggers and Kevin J. Fox
Changing Business Cycles: The Role of Women's Employment pp. 345-90 Downloads
Stefania Albanesi
Market Segmentation and International Bond Prices: The Role of ECB Asset Purchases pp. 391-421 Downloads
Ester Faia, Juliana Salomao and Alexia Ventula Veghazy

Volume 17, issue 3, 2025

What Caused the US Pandemic-Era Inflation? pp. 1-35 Downloads
Ben Bernanke and Olivier Blanchard
Uncertainty Shocks, Adjustment Costs, and Firm Beliefs: Evidence from a Representative Survey pp. 36-73 Downloads
Andreas Dibiasi, Heiner Mikosch and Samad Sarferaz
Domestic Policies and Sovereign Default pp. 74-113 Downloads
Emilio Espino, Julian Kozlowski, Fernando M. Martin and Juan Sanchez
Estimating Macrofiscal Effects of Climate Shocks from Billions of Geospatial Weather Observations pp. 114-59 Downloads
Berkay Akyapı, Matthieu Bellon and Emanuele Massetti
The Aggregate-Demand Doom Loop: Precautionary Motives and the Welfare Costs of Sovereign Risk pp. 160-204 Downloads
Francisco Roldán
Search, Screening, and Sorting pp. 205-36 Downloads
Xiaoming Cai, Pieter Gautier and Ronald Wolthoff
Fiscal Backing for Price Stability in a Monetary Union pp. 237-69 Downloads
Bartosz Maćkowiak and Sebastian Schmidt
Nominal Devaluations, Inflation, and Inequality pp. 270-310 Downloads
Andrés Blanco, Andrés Drenik and Emilio Zaratiegui
An American Macroeconomic Picture: Supply and Demand Shocks in the Frequency Domain pp. 311-41 Downloads
Mario Forni, Luca Gambetti, Antonio Granese, Luca Sala and Stefano Soccorsi
Economic Winners versus Losers and the Unequal Pandemic Recession pp. 342-71 Downloads
Fernando Cirelli and Mark Gertler

Volume 17, issue 2, 2025

Optimal Fiscal and Monetary Policy with Distorting Taxes pp. 1-23 Downloads
Christopher A. Sims
Terms-of-Trade Shocks Are Not All Alike pp. 24-64 Downloads
Federico Di Pace, Luciana Juvenal and Ivan Petrella
Does Unemployment Risk Affect Business Cycle Dynamics? pp. 65-100 Downloads
Sebastian Graves
A Unified Model of Learning to Forecast pp. 101-33 Downloads
George Evans, Christopher Gibbs and Bruce McGough
Skill Remoteness and Post-layoff Labor Market Outcomes pp. 134-76 Downloads
Claudia Macaluso
Job Displacement and Earnings Losses: The Role of Joblessness pp. 177-205 Downloads
Bruce Fallick, John Haltiwanger, Erika McEntarfer and Matthew Staiger
The Geography of Consumption and Local Economic Shocks: The Case of the Great Recession pp. 206-44 Downloads
Abe Dunn and Mahsa Gholizadeh
Public Liquidity and Financial Crises pp. 245-84 Downloads
Wenhao Li
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News pp. 285-314 Downloads
Lenard Lieb, Adam Jassem, Rui Jorge Almeida, Nalan Baştürk and Stephan Smeekes
Severe Weather and the Macroeconomy pp. 315-41 Downloads
Hee Soo Kim, Christian Matthes and Toàn Phan

Volume 17, issue 1, 2025

Singles, Couples, and Their Labor Supply: Long-Run Trends and Short-Run Fluctuations pp. 1-34 Downloads
Jonna Olsson
Estimating Hysteresis Effects pp. 35-70 Downloads
Francesco Furlanetto, Antoine Lepetit, Ørjan Robstad, Juan Rubio-Ramírez and Pål Ulvedal
The Evolution of US Retail Concentration pp. 71-101 Downloads
Dominic Smith and Sergio Ocampo
Permanent Income Shocks, Target Wealth, and the Wealth Gap pp. 102-25 Downloads
Tullio Jappelli and Luigi Pistaferri
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps? pp. 126-60 Downloads
Benjamin Lerch
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden pp. 161-202 Downloads
Makoto Nakajima and Irina A. Telyukova
Optimal Bank Reserve Remuneration and Capital Control Policy pp. 203-44 Downloads
Chun-Che Chi, Stephanie Schmitt-Grohe and Martín Uribe
US Treasury Auctions: A High-Frequency Identification of Supply Shocks pp. 245-73 Downloads
Maxime Phillot
Rational Inattention and the Business Cycle Effects of Productivity and News Shocks pp. 274-309 Downloads
Bartosz Maćkowiak and Mirko Wiederholt
Enemies of the People pp. 310-42 Downloads
Gerhard Toews and Pierre-Louis Vézina
Spatial Integration and Agricultural Productivity: Quantifying the Impact of New Roads pp. 343-78 Downloads
Tasso Adamopoulos
State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations pp. 379-413 Downloads
Yoon Joo Jo and Sarah Zubairy
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets pp. 414-42 Downloads
Byoungchan Lee
Page updated 2026-01-13