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American Economic Journal: Macroeconomics

2009 - 2020

Current editor(s): Simon Gilchrist

From American Economic Association
Contact information at EDIRC.

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

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Volume 12, issue 2, 2020

Deconstructing Monetary Policy Surprises—The Role of Information Shocks pp. 1-43 Downloads
Marek Jarociński and Peter Karadi
Endogenous Infrastructure Development and Spatial Takeoff in the First Industrial Revolution pp. 44-93 Downloads
Alex Trew
Consumer Imperfect Information and Endogenous Price Rigidity pp. 94-123 Downloads
Jean-Paul L'Huillier
Bond Convenience Yields and Exchange Rate Dynamics pp. 124-66 Downloads
Rosen Valchev
The Aging of the Baby Boomers: Demographics and Propagation of Tax Shocks pp. 167-93 Downloads
Domenico Ferraro and Giuseppe Fiori
Implications of Labor Market Frictions for Risk Aversion and Risk Premia pp. 194-240 Downloads
Eric Swanson
Uninsured Unemployment Risk and Optimal Monetary Policy in a Zero-Liquidity Economy pp. 241-83 Downloads
Edouard Challe
Did Unconventional Interventions Unfreeze the Credit Market? pp. 284-309 Downloads
Hui Tong and Shang-Jin Wei
Dynamic Debt Deleveraging and Optimal Monetary Policy pp. 310-50 Downloads
Pierpaolo Benigno, Gauti Eggertsson and Federica Romei
The Marginal Propensity to Consume over the Business Cycle pp. 351-84 Downloads
Tal Gross, Matthew J. Notowidigdo and Jialan Wang

Volume 12, issue 1, 2020

Rational Inattention in Hiring Decisions pp. 1-40 Downloads
Sushant Acharya and Shu Lin Wee
The Collateral Composition Channel pp. 41-75 Downloads
Frédéric Boissay and Russell Cooper
The Impact of Brexit on Foreign Investment and Production pp. 76-103 Downloads
Ellen R. McGrattan and Andrea Waddle
Temporary Price Changes, Inflation Regimes, and the Propagation of Monetary Shocks pp. 104-52 Downloads
Fernando Alvarez and Francesco Lippi
The Agricultural Wage Gap: Evidence from Brazilian Micro-data pp. 153-73 Downloads
Jorge A. Alvarez
Older Americans Would Work Longer If Jobs Were Flexible pp. 174-209 Downloads
John Ameriks, Joseph Briggs, Andrew Caplin, Minjoon Lee, Matthew D. Shapiro and Christopher Tonetti
Multidimensional Skill Mismatch pp. 210-44 Downloads
Faith Guvenen, Burhan Kuruscu, Satoshi Tanaka and David Wiczer
Leverage and Deepening Business-Cycle Skewness pp. 245-81 Downloads
Henrik Jensen, Ivan Petrella, Søren Hove Ravn and Emiliano Santoro
Heterogeneity, Inattention, and Bayesian Updates pp. 282-309 Downloads
Raffaella Giacomini, Vasiliki Skreta and Javier Turen
The Weak Job Recovery in a Macro Model of Search and Recruiting Intensity pp. 310-43 Downloads
Sylvain Leduc and Zheng Liu

Volume 11, issue 4, 2019

A Macroeconomic Framework for Quantifying Systemic Risk pp. 1-37 Downloads
Zhiguo He and Arvind Krishnamurthy
"Whatever It Takes" Is All You Need: Monetary Policy and Debt Fragility pp. 38-81 Downloads
Antoine Camous and Russell Cooper
Slow Post-financial Crisis Recovery and Monetary Policy pp. 82-112 Downloads
Daisuke Ikeda and Takushi Kurozumi
Some Evidence on Secular Drivers of US Safe Real Rates pp. 113-39 Downloads
Kurt Lunsford and Kenneth West
Monopoly Power and Endogenous Product Variety: Distortions and Remedies pp. 140-74 Downloads
Florin Bilbiie, Fabio Ghironi and Marc Melitz
Unemployment Cycles pp. 175-234 Downloads
Jan Eeckhout and Ilse Lindenlaub
Barriers to Reallocation and Economic Growth: The Effects of Firing Costs pp. 235-70 Downloads
Toshihiko Mukoyama and Sophie Osotimehin
Optimal Taxation with Risky Human Capital pp. 271-309 Downloads
Marek Kapicka and Julian Neira
Optimal Forward Guidance pp. 310-45 Downloads
Florin Bilbiie
The Invisible Hand of the Government: Moral Suasion during the European Sovereign Debt Crisis pp. 346-79 Downloads
Steven Ongena, Alexander Popov and Neeltje Van Horen

Volume 11, issue 3, 2019

Forward Guidance and Heterogeneous Beliefs pp. 1-29 Downloads
Philippe Andrade, Gaetano Gaballo, Eric Mengus and Benoit Mojon
Corporate Cash and Employment pp. 30-66 Downloads
Philippe Bacchetta, Kenza Benhima and Céline Poilly
Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence pp. 67-110 Downloads
Diego Anzoategui, Diego Comin, Mark Gertler and Joseba Martinez
Menu Costs, Aggregate Fluctuations, and Large Shocks pp. 111-46 Downloads
Peter Karadi and Adam Reiff
Is Government Spending at the Zero Lower Bound Desirable? pp. 147-73 Downloads
Florin Bilbiie, Tommaso Monacelli and Roberto Perotti
The Currency Composition of Sovereign Debt pp. 174-208 Downloads
Pablo Ottonello and Diego J. Perez
Asset Bubbles and Global Imbalances pp. 209-51 Downloads
Daisuke Ikeda and Toan Phan
Internal Geography, Labor Mobility, and the Distributional Impacts of Trade pp. 252-88 Downloads
Jingting Fan
Trade-Induced Structural Change and the Skill Premium pp. 289-326 Downloads
Javier Cravino and Sebastian Sotelo
The Intensity of Job Search and Search Duration pp. 327-57 Downloads
Jason Faberman and Marianna Kudlyak

Volume 11, issue 2, 2019

Housing Constraints and Spatial Misallocation pp. 1-39 Downloads
Chang-Tai Hsieh and Enrico Moretti
Underemployment and the Trickle-Down of Unemployment pp. 40-78 Downloads
Régis Barnichon and Yanos Zylberberg
Natural Resources and Global Misallocation pp. 79-126 Downloads
Alexander Monge-Naranjo, Juan Sanchez and Raul Santaeulalia-Llopis
Capital Flows and Foreign Exchange Intervention pp. 127-70 Downloads
Paolo Cavallino
Fixed-Wage Contracts and Monetary Non-neutrality pp. 171-92 Downloads
Maria Björklund, Mikael Carlsson and Oskar Skans
Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective pp. 193-227 Downloads
Aaron Flaaen, Matthew Shapiro and Isaac Sorkin
Failure to Launch: Housing, Debt Overhang, and the Inflation Option pp. 228-74 Downloads
Aaron Hedlund
Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity pp. 275-309 Downloads
Andrea Caggese
Product Turnover and the Cost-of-Living Index: Quality versus Fashion Effects pp. 310-47 Downloads
Kozo Ueda, Kota Watanabe and Tsutomu Watanabe
Changes in Between-Group Inequality: Computers, Occupations, and International Trade pp. 348-400 Downloads
Ariel Burstein, Eduardo Morales and Jonathan Vogel

Volume 11, issue 1, 2019

A Model of Secular Stagnation: Theory and Quantitative Evaluation pp. 1-48 Downloads
Gauti Eggertsson, Neil R. Mehrotra and Jacob Robbins
Learning, Career Paths, and the Distribution of Wages pp. 49-88 Downloads
Santiago Caicedo, Robert Lucas and Esteban Rossi-Hansberg
Fiscal Austerity in Ambiguous Times pp. 89-131 Downloads
Axelle Ferriere and Anastasios Karantounias
When Is Foreign Exchange Intervention Effective? Evidence from 33 Countries pp. 132-56 Downloads
Marcel Fratzscher, Oliver Gloede, Lukas Menkhoff, Lucio Sarno and Tobias Stöhr
Monetary Policy, Real Activity, and Credit Spreads: Evidence from Bayesian Proxy SVARs pp. 157-92 Downloads
Dario Caldara and Edward Herbst
Demographic Structure and Macroeconomic Trends pp. 193-222 Downloads
Yunus Aksoy, Henrique Basso, Ronald Smith and Tobias Grasl
The Urban Mortality Transition and Poor-Country Urbanization pp. 223-75 Downloads
Remi Jedwab and Dietrich Vollrath
Firm Uncertainty Cycles and the Propagation of Nominal Shocks pp. 276-337 Downloads
Isaac Baley and Andrés Blanco
Inventory Management, Product Quality, and Cross-Country Income Differences pp. 338-88 Downloads
Bernardo S. Blum, Sebastian Claro, Kunal Dasgupta and Ignatius Horstmann
Employment Adjustment and Part-Time Work: Lessons from the United States and the United Kingdom pp. 389-435 Downloads
Daniel Borowczyk-Martins and Etienne Lalé
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