NBER Macroeconomics Annual

2012 - 2025

From University of Chicago Press
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Bankruptcy Resolution and Credit Cycles pp. 1 - 39: Martin Kornejew, Chen Lian, Yueran Ma, Pablo Ottonello and Diego J. Perez
Comment pp. 40 - 54: Dean Corbae
Comment pp. 55 - 61: Carola Frydman
The International Monetary Transmission Mechanism pp. 65 - 140: Santiago Camara, Lawrence Christiano and Hüsnü Dalgıc
Comment pp. 141 - 148: Jón Steinsson
Comment pp. 149 - 155: Şebnem Kalemli-Özcan
Inflation’s Fiscal Impact on American Households pp. 159 - 207: David Altig, Alan Auerbach, Erin Eidschun, Laurence Kotlikoff and Victor Yifan Ye
Comment pp. 208 - 221: Adrien Auclert
Comment pp. 222 - 230: Deborah Lucas
The Dominant Role of Expectations and Broad-Based Supply Shocks in Driving Inflation pp. 235 - 276: Paul Beaudry, Chenyu Hou and Franck Portier
Comment pp. 277 - 290: Jonathon Hazell
Comment pp. 291 - 301: Gabriel Chodorow-Reich
Heterogeneity and Aggregate Fluctuations: Insights from TANK Models pp. 307 - 357: Davide Debortoli and Jordi Galí
Comment pp. 358 - 365: Johannes Wieland
Comment pp. 366 - 386: Matthew Rognlie
Editorial pp. xi - xvii: Martin Eichenbaum, John Leahy and Valerie Ramey

An Anatomy of Monopsony: Search Frictions, Amenities, and Bargaining in Concentrated Markets pp. 1 - 47: David Berger, Kyle Herkenhoff, Andreas R. Kostøl and Simon Mongey
Comment pp. 48 - 59: Giuseppe Moscarini
Comment pp. 60 - 66: Katarína Borovičková
Inflation Strikes Back: The Role of Import Competition and the Labor Market pp. 71 - 131: Mary Amiti, Sebastian Heise, Fatih Karahan and Aysegul Sahin
Comment pp. 132 - 139: Şebnem Kalemli-Özcan
Comment pp. 140 - 148: Mathias Trabandt
Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown pp. 153 - 207: Daron Acemoglu, David Autor and Christina Patterson
Comment pp. 208 - 221: John Fernald and Eugenio Piga
Comment pp. 222 - 235: Jennifer La’O and Eugenio Piga
Aggregate Lending and Modern Financial Intermediation: Why Bank Balance Sheet Models Are Miscalibrated pp. 239 - 287: Greg Buchak, Gregor Matvos, Tomasz Piskorski and Amit Seru
Comment pp. 288 - 292: Jeremy C. Stein
Comment pp. 293 - 306: Itamar Drechsler
Long-Term Expectations and Aggregate Fluctuations pp. 311 - 347: Pedro Bordalo, Nicola Gennaioli, Rafael La Porta, Matthew OBrien and Andrei Shleifer
Comment pp. 348 - 362: George-Marios Angeletos
Comment pp. 363 - 368: Venky Venkateswaran
Editorial pp. xi - xviii: Martin Eichenbaum, Erik Hurst and Valerie Ramey

Human Capitalists pp. 1 - 61: Andrea L. Eisfeldt, Antonio Falato and Mindy Xiaolan
Comment pp. 62 - 73: Giovanni L. Violante
Comment pp. 74 - 83: Eric Zwick
A Reassessment of Monetary Policy Surprises and High-Frequency Identification pp. 87 - 155: Michael Bauer and Eric Swanson
Comment pp. 156 - 160: Simon Gilchrist
Comment pp. 161 - 166: Mark W. Watson
Reparations and Persistent Racial Wealth Gaps pp. 171 - 221: Job Boerma and Loukas Karabarbounis
Comment pp. 222 - 226: Ellora Derenoncourt
Comment pp. 227 - 234: Jonathan Parker
Stubborn Beliefs in Search Equilibrium pp. 239 - 297: Guido Menzio
Comment pp. 298 - 313: Ilse Lindenlaub
Comment pp. 314 - 321: Richard Rogerson
Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies pp. 325 - 412: Rishabh Aggarwal, Adrien Auclert, Matthew Rognlie and Ludwig Straub
Comment pp. 413 - 422: Oleg Itskhoki
Comment pp. 423 - 431: Linda Tesar
Editorial pp. xi - xvii: Martin Eichenbaum, Erik Hurst and Valerie Ramey

Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years? pp. 1 - 55: Robert E. Hall and Marianna Kudlyak
Comment pp. 56 - 67: Robert Shimer
Comment pp. 68 - 79: Aysegul Sahin
From Mancession to Shecession: Women’s Employment in Regular and Pandemic Recessions pp. 83 - 151: Titan Alon, Sena Coskun, Matthias Doepke, David Koll and Michèle Tertilt
Comment pp. 152 - 157: Laura Pilossoph
Comment pp. 158 - 172: Loukas Karabarbounis
Shocks, Institutions, and Secular Changes in Employment of Older Individuals pp. 177 - 216: Richard Rogerson and Johanna Wallenius
Comment pp. 217 - 233: Nir Jaimovich
Comment pp. 234 - 250: Mark Bils
Climate Change Uncertainty Spillover in the Macroeconomy pp. 253 - 320: Michael Barnett, William Brock and Lars Hansen
Comment pp. 321 - 328: Mar Reguant
Comment pp. 329 - 334: Per Krusell
Converging to Convergence pp. 337 - 412: Michael Kremer, Jack Willis and Yang You
Comment pp. 413 - 424: Rohini Pande and Nils Enevoldsen
Comment pp. 425 - 442: Daron Acemoglu and Carlos Molina
Editorial pp. xi - xvii: Martin Eichenbaum and Erik Hurst