Journal of Macroeconomics

1979 - 2025

Current editor(s): Douglas McMillin and Theodore Palivos

From Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 48, issue C, 2016

Effects of incorrect specification on the finite sample properties of full and limited information estimators in DSGE models pp. 1-18

Sebastian Giesen and Rolf Scheufele

Nonlinearities in the U.S. wage Phillips curve pp. 19-43

Luiggi Donayre and Irina Panovska

Price setting & price stickiness: A developing economy perspective pp. 44-61

Ali Choudhary, Abdul Faheem, Muhammad Hanif, Saima Naeem and Farooq Pasha

The time-varying degree of inflation expectations anchoring pp. 62-71

Till Strohsal, Rafi Melnick and Dieter Nautz

Housing and unemployment: The search for the “American Dream” pp. 72-86

Robert R. Reed and Ejindu S. Ume

Government spending multipliers and the zero lower bound pp. 87-100

Yangyang Ji and Wei Xiao

The impact of the ECB's conventional and unconventional monetary policies on stock markets pp. 101-116

Reinder Haitsma, Deren Ünalmış and Jakob de Haan

Short-sighted managers and learnable sunspot equilibria pp. 117-126

Paul Shea

Pensions, education, and growth: A positive analysis pp. 127-143

Tetsuo Ono and Yuki Uchida

Fiscal multipliers in a structural VEC model with mixed normal errors pp. 144-154

Päivi Puonti

Productivity shocks, capital intensities, and bank interest rates pp. 155-171

Enzo Dia and Lorenzo Menna

Macroeconomic news and the real interest rates at the zero lower bound pp. 172-185

Ji Zhang

Balance-of-payments anti-crises pp. 186-202

Michael Kumhof and Isabel Yan

An evaluation of ECB policy in the Euro's big four pp. 203-213

Eric Olson and Mark Wohar

The inequality channel of monetary transmission pp. 214-230

Waldyr Areosa and Marta B.M. Areosa

Assessing labor market frictions in a small open economy pp. 231-251

Jeffrey Sheen and Ben Wang

Testing the Ben-Porath effect through the educational patterns of young cohorts pp. 252-262

Daniel Cohen and L. Leker

Relative price variability and inflation: New evidence pp. 263-282

Deniz Baglan, Ege Yazgan and Hakan Yilmazkuday

Globalization and inflation: A threshold investigation pp. 283-304

Saad Ahmad and Andrea Civelli

Government expenditure composition and fiscal policy spillovers in small open economies within a monetary union pp. 305-326

Daragh Clancy, Pascal Jacquinot and Matija Lozej

Collateral and growth cycles with heterogeneous agents pp. 327-350

Stefano Bosi, Mohanad Ismael and Alain Venditti

Volume 47, issue PB, 2016

Gender and the business cycle: An analysis of labour markets in the US and UK pp. 131-146

Giovanni Razzu and Carl Singleton

Governments’ payment discipline: The macroeconomic impact of public payment delays and arrears pp. 147-165

Cristina Checherita-Westphal, Alexander Klemm and Paul Viefers

Anticipating business-cycle turning points in real time using density forecasts from a VAR pp. 166-187

Sven Schreiber and Natalia Soldatenkova

Monetary policy uncertainty and investor expectations pp. 188-199

Arunima Sinha

Why are initial estimates of productivity growth so unreliable? pp. 200-213

Jan Jacobs and Simon van Norden

Knowledge spillovers, human capital and productivity pp. 214-232

Ching-Fu Chang, Ping Wang and Jin-Tan Liu

Microeconomic shocks and macroeconomic fluctuations in a dynamic network economy pp. 233-254

Niels Anthonisen

A long-run, short-run, and politico-economic analysis of the welfare costs of inflation pp. 255-269

Scott Dressler

Who should bear the resource cost of electronic transaction? pp. 270-280

Young Sik Kim and Manjong Lee

Sovereign debt spread and default in a model with self-fulfilling prophecies and asymmetric information pp. 281-299

Christophe Blot, Bruno Ducoudré and Xavier Timbeau

Modest macroeconomic effects of monetary policy shocks during the great moderation: An alternative interpretation pp. 300-314

Efrem Castelnuovo

The role of money in DSGE models: a forecasting perspective pp. 315-330

Petre Caraiani

Volume 47, issue PA, 2016

Guest editor's introduction: What monetary policy can and cannot do pp. 1-4

Daniel Thornton

A wedge in the dual mandate: Monetary policy and long-term unemployment pp. 5-18

Glenn Rudebusch and John Williams

Comment on Rudebusch and Williams, “A wedge in the dual mandate: Monetary policy and long-term unemployment” pp. 19-25

James Lothian

Comment on “A wedge in the dual mandate: Monetary policy and long-term unemployment” pp. 26-32

Michele Boldrin

Excess liquidity and the money market in the euro area pp. 33-44

Renaud Beaupain and Alain Durré

The effectiveness of the ECB's asset purchase programs of 2009 to 2012 pp. 45-57

Heather Gibson, Stephen Hall and George Tavlas

The macroeconomic impact of unconventional monetary policy shocks pp. 58-67

Annette Meinusch and Peter Tillmann

Can monetary policy surprises affect the term structure? pp. 68-83

Edda Claus and Mardi Dungey

A closer look at the Phillips curve using state-level data pp. 84-102

Anil Kumar and Pia Orrenius

Short and long-term interest rates and the effectiveness of monetary and macroprudential policies pp. 103-115

Margarita Rubio

The zero lower bound on the interest rate and a Neoclassical Phillips curve pp. 116-130

Ragna Alstadheim

Volume 46, issue C, 2015

Revisiting the relationship between exchange rates and fundamentals pp. 1-22

Shiu-Sheng Chen and Yu-Hsi Chou

Endogeneity and panel data in growth regressions: A Bayesian model averaging approach pp. 23-39

Roberto Leon-Gonzalez and Daniel Montolio

Unconventional monetary policy and money demand pp. 40-54

Christian Dreger and Juergen Wolters

Countercyclical reserve requirements in a heterogeneous-agent and incomplete financial markets economy pp. 55-70

Christian Bustamante and Franz Hamann

The law of one price revisited: How do goods market frictions generate large and volatile price deviations? pp. 71-80

Inkoo Lee and Sang Soo Park

The macroeconomic effects of debt- and equity-based capital inflows pp. 81-95

Jonathan Davis

What drives housing dynamics in China? A sign restrictions VAR approach pp. 96-112

Timothy Yang Bian and Pedro Gete

Estimating fiscal policy reaction functions: The role of model specification pp. 113-128

Martin Plödt and Claire A. Reicher

The role of education and household composition for transitory and permanent income inequality–evidence from PSID data pp. 129-146

Johannes Ludwig

Saving and the long shadow of macroeconomic shocks pp. 147-159

Joshua Aizenman and Ilan Noy

Refining linear rational expectations models and equilibria pp. 160-169

Seonghoon Cho and Bennett McCallum

A contribution to the chronology of turning points in global economic activity (1980–2012) pp. 170-185

Enrique Martínez-García, Valerie Grossman and Adrienne Mack

Convergence and growth. Labour productivity dynamics in the European Union pp. 186-200

Roberto Martino

Working capital requirement and the unemployment volatility puzzle pp. 201-217

Tsu-ting Lin

Long-run growth and welfare in a two sector endogenous growth model with productive and non-productive government expenditure pp. 218-234

Rolando A. Escobar-Posada and Goncalo Monteiro

Financial sector and output dynamics in the euro area: Non-linearities reconsidered pp. 235-263

Frauke Schleer and Willi Semmler

Accounting for real exchange rate changes at long time horizons pp. 264-277

Lein-Lein Chen, Seungmook Choi and John Devereux

On the employment, investment and current account effects of inflation: A revisit pp. 278-294

Wen-ya Chang, Hsueh-fang Tsai, Mei-Lie Chu and Juin-jen Chang

Euro area, oil and global shocks: An empirical model-based analysis pp. 295-314

Lorenzo Forni, Andrea Gerali, Alessandro Notarpietro and Massimiliano Pisani

Fiscal policies, frictional labor market, and endogenous growth pp. 315-327

Chia-Hui Lu

Intellectual property rights and skills accumulation: A product-cycle model of FDI and outsourcing pp. 328-343

Hung-Ju Chen

Uncertainty and unemployment: The effects of aggregate and sectoral channels pp. 344-358

Sangyup Choi and Prakash Loungani

Demand-based structural change and balanced economic growth pp. 359-374

Jaime Alonso-Carrera and Xavier Raurich