The B.E. Journal of Macroeconomics

2001 - 2024

Current editor(s): Arpad Abraham and Tiago Cavalcanti

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Volume 20, issue 2, 2020

Computing sunspot solutions to rational expectations models with timing restrictions pp. 10

Marco Sorge

Computing sunspot solutions to rational expectations models with timing restrictions pp. 10

Marco Sorge

Asymmetric wage adjustment and employment in European firms pp. 25

Petra Marotzke, Anderton Robert, Bairrao Ana, Clémence Berson and Peter Tóth

Asymmetric wage adjustment and employment in European firms pp. 25

Petra Marotzke, Anderton Robert, Bairrao Ana, Clémence Berson and Peter Tóth

Is Labor Market Mismatch a Big Deal in Japan? pp. 28

Ippei Shibata

Is Labor Market Mismatch a Big Deal in Japan? pp. 28

Ippei Shibata

How Much Better Is Commitment Policy Than Discretionary Policy? Evidence From Six Developed Economies pp. 28

C. Scott

How Much Better Is Commitment Policy Than Discretionary Policy? Evidence From Six Developed Economies pp. 28

C. Scott

Liquidity constraints, international trade, and optimal monetary policy pp. 29

Wai-Ming Ho

Liquidity constraints, international trade, and optimal monetary policy pp. 29

Wai-Ming Ho

Shadow Bank Run, Housing and Credit Market: The Story of a Recession pp. 30

Ghiaie Hamed

Shadow Bank Run, Housing and Credit Market: The Story of a Recession pp. 30

Ghiaie Hamed

International Trade and Productivity after Apartheid pp. 32

Loris Rubini

International Trade and Productivity after Apartheid pp. 32

Loris Rubini

Dynamic effects of consumption tax reforms with durable consumption pp. 33

Li Qian

Dynamic effects of consumption tax reforms with durable consumption pp. 33

Qian Li

Middlemen: A Directed Search Equilibrium Approach pp. 37

Makoto Watanabe

Middlemen: A Directed Search Equilibrium Approach pp. 37

Makoto Watanabe

Volume 20, issue 1, 2020

Monitoring and coordination for essentiality of money pp. 7

Awaya Yu and Fukai Hiroki

Discretion rather than rules? Outdated optimal commitment plans versus discretionary policymaking pp. 9

Christian Jensen

Fiscal policy and the output costs of sovereign default pp. 11

Durán Leyre Gómez-Oliveros, Stefan Niemann and Pichler Paul

Agency costs and the monetary transmission mechanism pp. 11

Michael Reiter, Tommy Sveen and Weinke Lutz

Robust learning in the foreign exchange market pp. 14

Edouard Djeutem and Pierre Nguimkeu

Animal spirits in an open economy: an interaction-based approach to the business cycle pp. 16

Jang Tae-Seok

The macroeconomic impact of shocks to bank capital buffers in the Euro Area pp. 17

Kanngiesser Derrick, Reiner Martin, Maurin Laurent and Diego Moccero

Collateral and development pp. 17

Nicola Amendola, Lorenzo Carbonari and Ferraris Leo

Is unemployment on steroids in advanced economies? pp. 17

Bella Gabriel Di, Francesco Grigoli and Ramírez Francisco

The welfare effects of infrastructure investment in a heterogeneous agents economy pp. 17

John Gibson and Felix Rioja

An empirical study on the New Keynesian wage Phillips curve: Japan and the US pp. 17

Ichiro Muto and Kohei Shintani

Technology and the two margins of labor adjustment: a New Keynesian perspective pp. 18

Francesco Furlanetto, Tommy Sveen and Weinke Lutz

Signaling in monetary policy near the zero lower bound pp. 19

Sergio Salas and Javier Nunez

Financial deepening in a two-sector endogenous growth model with productivity heterogeneity pp. 19

Quoc Hung Nguyen

Risk averse banks and excess reserve fluctuations pp. 19

Jenkins Brian C. and Salemi Michael K.

The welfare cost of inflation with banking time pp. 20

Max Gillman

Optimal monetary policy in a model of vertical production and trade with reference currency pp. 21

Liutang Gong, Chan Wang and Heng-Fu Zou

Household borrowing constraints and monetary policy in emerging economies pp. 21

Arruda Gustavo, Lima Daniela and Vladimir Teles

Dynamics of female labor force participation and welfare with multiple social reference groups pp. 23

Mihaela Pintea

Job competition, human capital, and the lock-in effect: can unemployment insurance efficiently allocate human capital pp. 23

Schwartz Jeremy

The financial accelerator and marketable debt: the prolongation channel pp. 23

Michael Kühl

Prospect Theory and sentiment-driven fluctuations pp. 25

Giuseppe Ciccarone, Francesco Giuli and Enrico Marchetti

Changing demand for general skills, technological uncertainty, and economic growth pp. 25

Tanaka Masashi

Foreign official holdings of US treasuries, stock effect and the economy: a DSGE approach pp. 28

John Francois

The effects of monetary policy on input inventories pp. 34

Tiantian Dai, Liu Xiangbo and Sun Wei

Ramsey income taxation in a small open economy with trade in capital goods pp. 48

Tang Jenn-Hong

Volume 19, issue 2, 2019

Should individuals migrate before acquiring education or after? A new model of Brain Waste vs. Brain Drain pp. 11

Elise Brezis

Cross-industry growth differences with asymmetric industries and endogenous market structure pp. 18

Huang Chien-Yu and Ji Lei

Fiscal stimulus and unemployment dynamics pp. 19

Chun-Hung Kuo and Hiroaki Miyamoto

The growth-volatility relationship redux: what does volatility decomposition tell? pp. 20

Debdulal Mallick

What does a relative price of investment wedge reveal about the role of investment-specific technology? pp. 20

Wagner Joel

Bounded rationality and the ineffectiveness of big push policies pp. 21

Wei Xiao and Junyi Xu

Persistent Inequality, Corruption, and Factor Productivity pp. 23

Dusha Elton

Dissecting the act of god: an exploration of the effect of religiosity on economic activity pp. 25

Jean-François Carpantier and Anastasia Litina

Investment, technological progress and energy efficiency pp. 28

Antonia Díaz and Luis Puch

The Finnish Great Depression of the 1990s: reconciling theory and evidence pp. 29

Kuusi Tero

Envelope wages, hidden production and labor productivity pp. 30

Alessandro Di Nola, Georgi Kocharkov and Aleksandar Vasilev

Volume 19, issue 1, 2019

International capital mobility and structural transformation pp. 11

Kim Kyungsoo, Oh Wankeun and E. Young Song

Fiscal counter-cyclicality and productive investment: evidence from advanced economies pp. 15

Davide Furceri and Joao Jalles

Rented vs. owner-occupied housing and monetary policy pp. 16

Margarita Rubio

Is risk shock a key factor driving business cycles in China? pp. 18

Zhe Li and Luo Shuixing

On the cyclicality of real wages and wage differentials pp. 18

Christopher Otrok and Panayiotis Pourpourides

Labor supply, income distribution, and tax progressivity in a search model pp. 18

Fu Zhiming, Wu Liang and Ziguan Zhuang

Optimal taxation under equilibrium unemployment and economic profits pp. 21

Wei Jiang

Did capital replace labor? New evidence from offshoring pp. 22

Choi Paul Moon Sub, Kim Kee Beom and Seo Jinyoung

Redistributive policies and technology diffusion pp. 23

Manuela Magalhães and Tiago Sequeira

Housing market and labor market search pp. 23

Limnios Christopher

Aggregate implications of occupational inheritance in China and India pp. 24

Ji Ting

The role of IPRs on prices, wages and growth in a two country directed technical change model pp. 27

Oscar Afonso

The Precautionary Saving Effect of Government Consumption pp. 32

Valerio Ercolani and Nicola Pavoni

Barriers to firm growth in open economies pp. 36

Facundo Piguillem and Loris Rubini