American Economic Journal: Macroeconomics

2009 - 2025

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 5, issue 4, 2013

Time-Varying Effects of Oil Supply Shocks on the US Economy pp. 1-28

Christiane Baumeister and Gert Peersman

Aggregate Implications of Lumpy Investment: New Evidence and a DSGE Model pp. 29-67

Ruediger Bachmann, Ricardo Caballero and Eduardo Engel

Safety Traps pp. 68-106

Kenza Benhima and Baptiste Massenot

The Wrong Shape of Insurance? What Cross-Sectional Distributions Tell Us about Models of Consumption Smoothing pp. 107-40

Tobias Broer

A Pitfall with Estimated DSGE-Based Government Spending Multipliers pp. 141-78

Patrick F?ve, Julien Matheron and Jean-Guillaume Sahuc

Democracy and Reforms: Evidence from a New Dataset pp. 179-204

Paola Giuliano, Prachi Mishra and Antonio Spilimbergo

Weak States and Steady States: The Dynamics of Fiscal Capacity pp. 205-35

Timothy Besley, Ethan Ilzetzki and Torsten Persson

Volume 5, issue 3, 2013

Credit Risk and Disaster Risk pp. 1-34

Francois Gourio

Crises and Recoveries in an Empirical Model of Consumption Disasters pp. 35-74

Emi Nakamura, Jon Steinsson, Robert Barro and José Ursúa

The Financial Crisis: Lessons for International Macroeconomics pp. 75-84

Matthieu Bussiere, Jean Imbs, Robert Kollmann and Romain Ranciere

Sovereign Defaults: The Price of Haircuts pp. 85-117

Juan J. Cruces and Christoph Trebesch

Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-2009 pp. 118-51

Matthieu Bussiere, Giovanni Callegari, Fabio Ghironi, Giulia Sestieri and Norihiko Yamano

International Contagion through Leveraged Financial Institutions pp. 152-89

Eric van Wincoop

Sharing the Burden: Monetary and Fiscal Responses to a World Liquidity Trap pp. 190-228

David Cook and Michael Devereux

Capital Controls with International Reserve Accumulation: Can This Be Optimal? pp. 229-62

Philippe Bacchetta, Kenza Benhima and Yannick Kalantzis

Volume 5, issue 2, 2013

Is There a Trade-Off between Inflation and Output Stabilization? pp. 1-31

Alejandro Justiniano, Giorgio Primiceri and Andrea Tambalotti

Importing Skill-Biased Technology pp. 32-71

Ariel Burstein, Javier Cravino and Jonathan Vogel

Capital-Skill Complementarity and the Skill Premium in a Quantitative Model of Trade pp. 72-117

Fernando Parro

Input Sourcing and Multinational Production pp. 118-51

Stefania Garetto

Blunt Instruments: Avoiding Common Pitfalls in Identifying the Causes of Economic Growth pp. 152-86

Samuel Bazzi and Michael Clemens

Monetary Commitment and Fiscal Discretion: The Optimal Policy Mix pp. 187-216

Stefano Gnocchi

Uncertainty and Economic Activity: Evidence from Business Survey Data pp. 217-49

Ruediger Bachmann, Steffen Elstner and Eric Sims

Volume 5, issue 1, 2013

Marginal Jobs, Heterogeneous Firms, and Unemployment Flows pp. 1-48

Michael Elsby and Ryan Michaels

Oil and Conflict: What Does the Cross Country Evidence Really Show? pp. 49-80

Anca M. Cotet and Kevin Tsui

Identifying the Effects of Bank Failures from a Natural Experiment in Mississippi during the Great Depression pp. 81-101

Nicolas Ziebarth

Hedging against the Government: A Solution to the Home Asset Bias Puzzle pp. 102-34

Tiago Berriel and Saroj Bhattarai

On the Real Effects of Bank Bailouts: Micro Evidence from Japan pp. 135-67

Mariassunta Giannetti and Andrei Simonov

Taxes and Time Use: Fiscal Policy in a Household Production Model pp. 168-92

Kelly S. Ragan

The Cyclical Volatility of Labor Markets under Frictional Financial Markets pp. 193-221

Nicolas Petrosky-Nadeau and Etienne Wasmer

Volume 4, issue 4, 2012

The Geography of Conflicts and Regional Trade Agreements pp. 1-35

Philippe Martin, Thierry Mayer and Mathias Thoenig

Measuring What Employers Do about Entry Wages over the Business Cycle: A New Approach pp. 36-55

Pedro Martins, Gary Solon and Jonathan Thomas

Evidence on the Incidence of Wage Posting, Wage Bargaining, and On-the-Job Search pp. 56-67

Robert Hall and Alan Krueger

Exogenous versus Endogenous Separation pp. 68-93

Shigeru Fujita and Garey Ramey

Home Equity Lending and Retail Spending: Evidence from a Natural Experiment in Texas pp. 94-125

Chadi S. Abdallah and William Lastrapes

Why Are Target Interest Rate Changes So Persistent? pp. 126-62

Olivier Coibion and Yuriy Gorodnichenko

Financial Contracts and the Political Economy of Investor Protection pp. 163-97

Pavel Ševčík

Volume 4, issue 3, 2012

Sticky Wages: Evidence from Quarterly Microeconomic Data pp. 1-32

Hervé Le Bihan, Jérémi Montornes and Thomas Heckel

Ambiguity Aversion: Implications for the Uncovered Interest Rate Parity Puzzle pp. 33-65

Cosmin Ilut

Temperature Shocks and Economic Growth: Evidence from the Last Half Century pp. 66-95

Melissa Dell, Benjamin Jones and Benjamin Olken

Social Security Reforms: Benefit Claiming, Labor Force Participation, and Long-Run Sustainability pp. 96-127

Selahattin Imrohoroglu and Sagiri Kitao

The Cyclicality of Skill Acquisition: Evidence from Panel Data pp. 128-52

Fabio Mendez and Facundo Sepúlveda

A Quantitative Theory of Information and Unsecured Credit pp. 153-83

Kartik Athreya, Xuan Tam and Eric Young

Speculative Bubbles and Financial Crises pp. 184-221

Pengfei Wang and Yi Wen

Volume 4, issue 2, 2012

Are the Effects of Monetary Policy Shocks Big or Small? pp. 1-32

Olivier Coibion

Political Pressures on Monetary Policy during the US Great Inflation pp. 33-64

Charles Weise

Learning in a Medium-Scale DSGE Model with Expectations Based on Small Forecasting Models pp. 65-101

Sergey Slobodyan and Raf Wouters

Capital Market Integration and Wages pp. 102-32

Anusha Chari, Peter Blair Henry and Diego Sasson

Real Wages and the Business Cycle: Accounting for Worker, Firm, and Job Title Heterogeneity pp. 133-52

Anabela Carneiro, Paulo Guimaraes and Pedro Portugal

Rebalancing Frequency and the Welfare Cost of Inflation pp. 153-83

Andre Silva

Imperfect Competition in the Interbank Market for Liquidity as a Rationale for Central Banking pp. 184-217

Viral Acharya, Denis Gromb and Tanju Yorulmazer

How Important Is Technology Capital for the United States? pp. 218-48

Marek Kapicka

Volume 4, issue 1, 2012

Contagious Adverse Selection pp. 1-21

Stephen Morris and Hyun Song Shin

Effects of Fiscal Stimulus in Structural Models pp. 22-68

Günter Coenen, Christopher Erceg, Charles Freedman, Davide Furceri, Michael Kumhof, René Lalonde, Douglas Laxton, Jesper Lindé, Annabelle Mourougane, Dirk Muir, Susanna Mursula, Carlos de Resende, John Roberts, Werner Roeger, Stephen Snudden, Mathias Trabandt and Jan in 't Veld

How Does the US Government Finance Fiscal Shocks? pp. 69-104

Antje Berndt, Hanno Lustig and Şevin Yeltekin

The Bond Premium in a DSGE Model with Long-Run Real and Nominal Risks pp. 105-43

Glenn Rudebusch and Eric Swanson

International Portfolio Allocation under Model Uncertainty pp. 144-89

Pierpaolo Benigno and Salvatore Nisticò

Tranching, CDS, and Asset Prices: How Financial Innovation Can Cause Bubbles and Crashes pp. 190-225

Ana Fostel and John Geanakoplos

Stories of the Twentieth Century for the Twenty-First pp. 226-65

Pierre-Olivier Gourinchas and Maurice Obstfeld

The Optimal Conduct of Monetary Policy with Interest on Reserves pp. 266-82

Anil Kashyap and Jeremy C. Stein

Corrigendum: Emerging Market Currency Excess Returns pp. 283-283

Stephen Gilmore and Fumio Hayashi