Journal of Monetary Economics

1975 - 2025

Current editor(s): R. G. King and C. I. Plosser

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.

State dependence of fiscal multipliers: the source of fluctuations matters pp. 1-23: Mishel Ghassibe and Francesco Zanetti
A new approach to integrating expectations into VAR models pp. 24-43: Taeyoung Doh and A. Lee Smith
Are long-horizon expectations (de-)stabilizing? Theory and experiments pp. 44-63: George Evans, Cars Hommes, Bruce McGough and Isabelle Salle
Bubbly firm dynamics and aggregate fluctuations pp. 64-80: Haozhou Tang and Donghai Zhang
State-level economic policy uncertainty pp. 81-99: Scott Baker, Steven Davis and Jeffrey A. Levy
College education and income contingent loans in equilibrium pp. 100-117: Kazushige Matsuda and Karol Mazur
Credit growth and the financial crisis: A new narrative pp. 118-139: Stefania Albanesi, Giacomo DeGiorgi and Jaromir Nosal
The case for a positive euro area inflation target: Evidence from france, germany and italy pp. 140-153: Klaus Adam, Erwan Gautier, Sergio Santoro and Henning Weber

Stabilization with fiscal policy pp. 1-14: Narayana Kocherlakota
The inexorable recoveries of unemployment pp. 15-25: Robert E. Hall and Marianna Kudlyak
Employment and the residential collateral channel of monetary policy pp. 26-44: Saleem Bahaj, Angus Foulis, Gabor Pinter and Paolo Surico
What goes around comes around: How large are spillbacks from US monetary policy? pp. 45-60: Max Breitenlechner, Georgios Georgiadis and Ben Schumann
Recessions and the stock market pp. 61-77: Tim Kroencke
Efficient redistribution pp. 78-91: Corina Boar and Virgiliu Midrigan
How sovereign is sovereign credit risk? Global prices, local quantities pp. 92-111: Patrick Augustin, Valeri Sokolovski, Marti G. Subrahmanyam and Davide Tomio
Austerity and distributional policy pp. 112-127: Matteo Alpino, Zareh Asatryan, Sebastian Blesse and Nils Wehrhöfer

A natural level of capital flows pp. 1-16: John Burger, Francis E. Warnock and Veronica Cacdac Warnock
How much consumption insurance in the U.S.? pp. 17-33: Dmytro Hryshko and Iourii Manovskii
Cross country stock market comovement: A macro perspective pp. 34-48: Alexis Anagnostopoulos, Orhan Erem Atesagaoglu, Elisa Faraglia and Chryssi Giannitsarou
Monetary Policy and Bank Equity Values in a Time of Low and Negative Interest Rates pp. 49-67: Miguel Ampudia and Skander Van den Heuvel
Structural change in labor supply and cross-country differences in hours worked pp. 68-85: Alexander Bick, Nicola Fuchs-Schündeln, David Lagakos and Hitoshi Tsujiyama
The convenience of electronic payments and consumer cash demand pp. 86-102: Martin Brown, Nicole Hentschel, Hannes Mettler and Helmut Stix
House prices, home equity and entrepreneurship: Evidence from U.S. census micro data pp. 103-119: Sari Pekkala Kerr, William Kerr and Ramana Nanda
Credit risk and the transmission of interest rate shocks pp. 120-136: Berardino Palazzo and Ram Yamarthy

Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey pp. S1-S14: Dimitris Georgarakos and Geoff Kenny
Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data pp. S15-S34: Marco Bottone, Alex Tagliabracci and Giordano Zevi
News and uncertainty about COVID-19: Survey evidence and short-run economic impact pp. S35-S51: Alexander M. Dietrich, Keith Kuester, Gernot Müller and Raphael Schoenle
Would households understand average inflation targeting? pp. S52-S66: Mathias Hoffmann, Emanuel Moench, Lora Pavlova and Guido Schultefrankenfeld
Inflation disasters and consumption pp. S67-S81: Jane Ryngaert
A new approach to assess inflation expectations anchoring using strategic surveys pp. S82-S101: Olivier Armantier, Argia Sbordone, Giorgio Topa, Wilbert van der Klaauw and John Williams

Intergenerational mobility begins before birth pp. 1-20: Ananth Seshadri and Anson Zhou
Economic opportunity begins with contraception: Comment on “Intergenerational Mobility Begins Before Birth” by Ananth Seshadri, Anson Zhou pp. 21-23: Martha Bailey
What is the source of the intergenerational correlation in earnings? pp. 24-45: George-Levi Gayle, Limor Golan and Mehmet Soytas
What is the source of the intergenerational correlation in earnings? A comment pp. 46-48: Corina Boar
Students’ heterogeneous preferences and the uneven spatial distribution of colleges pp. 49-64: Chao Fu, Junjie Guo, Adam J. Smith and Alan Sorensen
Technical change and the demand for talent pp. 65-88: Julieta Caunedo and Elisa Keller
Comments on Julieta Caunedo and Elisa Keller’s “Technical change and the demand for talent” pp. 89-92: Sophie Osotimehin
Female entrepreneurship, financial frictions and capital misallocation in the US pp. 93-118: Marta Morazzoni and Andrea Sy
Comment on “Female entrepreneurship, financial frictions and capital misallocation in the US” pp. 119-122: Peter J. Klenow
Homeownership segregation pp. 123-149: Nirupama Kulkarni and Ulrike Malmendier

Market segmentation and spending multipliers pp. 1-19: Christian Proebsting
Does fiscal policy matter for stock-bond return correlation? pp. 20-34: Erica X.N. Li, Tao Zha, Ji Zhang and Hao Zhou
Optimal bailouts and the doom loop with a financial network pp. 35-50: Agostino Capponi, Felix Corell and Joseph Stiglitz
Wealth accumulation, on-the-job search and inequality pp. 51-71: Gaston Chaumont and Shouyong Shi
Self-enforcing contracts with persistence pp. 72-87: Martin Dumav, William Fuchs and Jangwoo Lee
The importance of technology in banking during a crisis pp. 88-104: Nicola Pierri and Yannick Timmer
Rational inattention, menu costs, and multi-product firms: Micro evidence and aggregate implications pp. 105-123: Choongryul Yang
Inflation expectations of households and the upgrading channel pp. 124-138: Sumit Agarwal, Yeow Hwee Chua and Changcheng Song

The unbearable lightness of equilibria in a low interest rate environment pp. 1-17: Guido Ascari and Sophocles Mavroeidis
Will the AI revolution cause a great divergence? pp. 18-37: Cristian Alonso, Andrew Berg, Siddharth Kothari, Chris Papageorgiou and Sidra Rehman
Are IMF rescue packages effective? A synthetic control analysis of macroeconomic crises pp. 38-53: Kevin Kuruc
Central bank digital currency in an open economy pp. 54-68: Massimo Ferrari Minesso, Arnaud Mehl and Livio Stracca
Central bank communication with non-experts – A road to nowhere? pp. 69-85: Michael Ehrmann and Alena Wabitsch
Rising wealth inequality: Intergenerational links, entrepreneurship, and the decline in interest rate pp. 86-104: Ayşe İmrohoroğlu and Kai Zhao