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American Economic Journal: Macroeconomics
MAC October 2019

American Economic Journal: Macroeconomics

Vol. 11 No. 4 October 2019

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Title

Abstract

Author

Front Matter

(pp. i-vi)

A Macroeconomic Framework for Quantifying Systemic Risk

Zhiguo He and Arvind Krishnamurthy

(pp. 1-37)

"Whatever It Takes" Is All You Need: Monetary Policy and Debt Fragility

Antoine Camous and Russell Cooper

(pp. 38-81)

Slow Post-financial Crisis Recovery and Monetary Policy

Daisuke Ikeda and Takushi Kurozumi

(pp. 82-112)

Some Evidence on Secular Drivers of US Safe Real Rates

Kurt G. Lunsford and Kenneth D. West

(pp. 113-39)

Monopoly Power and Endogenous Product Variety: Distortions and Remedies

Florin O. Bilbiie, Fabio Ghironi and Marc J. Melitz

(pp. 140-74)

Unemployment Cycles

Jan Eeckhout and Ilse Lindenlaub

(pp. 175-234)

Barriers to Reallocation and Economic Growth: The Effects of Firing Costs

Toshihiko Mukoyama and Sophie Osotimehin

(pp. 235-70)

Optimal Taxation with Risky Human Capital

Marek Kapička and Julian Neira

(pp. 271-309)

Optimal Forward Guidance

Florin O. Bilbiie

(pp. 310-45)

The Invisible Hand of the Government: Moral Suasion during the European Sovereign Debt Crisis

Steven Ongena, Alexander Popov and Neeltje Van Horen

(pp. 346-79)