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American Economic Journal: Macroeconomics
MAC July 2019

American Economic Journal: Macroeconomics

Vol. 11 No. 3 July 2019

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Title

Abstract

Author

Front Matter (pp. i-vi)

Forward Guidance and Heterogeneous Beliefs

Philippe Andrade, Gaetano Gaballo, Eric Mengus and Benoît Mojon

(pp. 1-29)

Corporate Cash and Employment

Philippe Bacchetta, Kenza Benhima and Céline Poilly

(pp. 30-66)

Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence

Diego Anzoategui, Diego Comin, Mark Gertler and Joseba Martinez

(pp. 67-110)

Menu Costs, Aggregate Fluctuations, and Large Shocks

Peter Karadi and Adam Reiff

(pp. 111-46)

Is Government Spending at the Zero Lower Bound Desirable?

Florin O. Bilbiie, Tommaso Monacelli and Roberto Perotti

(pp. 147-73)

The Currency Composition of Sovereign Debt

Pablo Ottonello and Diego J. Perez

(pp. 174-208)

Asset Bubbles and Global Imbalances

Daisuke Ikeda and Toan Phan

(pp. 209-51)

Internal Geography, Labor Mobility, and the Distributional Impacts of Trade

Jingting Fan

(pp. 252-88)

Trade-Induced Structural Change and the Skill Premium

Javier Cravino and Sebastian Sotelo

(pp. 289-326)

The Intensity of Job Search and Search Duration

R. Jason Faberman and Marianna Kudlyak

(pp. 327-57)