American Economic Journal: Macroeconomics
Forthcoming Articles
Articles accepted for publication in forthcoming issues of the AEJ: Macroeconomics. Preview links indicate that draft versions of full-text articles are available for AEA members only. Data sets and appendices are available for both members and non-members.
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Uncertainty and Business Cycles: Exogenous Impulse or Endogenous Response?
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The Rise of Services and Balanced Growth in Theory and Data
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The Migration Accelerator: Labor Mobility, Housing, and Demand
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Bubbly Recessions
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Quantitative Easing, Collateral Constraints, and Financial Spillovers
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Shining a Light on Purchasing Power Parities
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Fighting Crises with Secrecy
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Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory
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SVAR (Mis-)Identification and the Real Effects of Monetary Policy Shocks
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Beyond Competitive Devaluations: The Monetary Dimensions of Comparative Advantage
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The Labor Market Impact of Immigration: Job Creation vs. Job Competition
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Consumption Insurance Against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation
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Optimal Positive Capital Taxes at Interior Steady States
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The Size Distribution of Firms and Industrial Water Pollution: A Quantitative Analysis of China
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College Quality and Attendance Patterns: A Long-Run View
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Sectoral Price Facts in a Sticky-Price Model
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Sovereign Debt Restructurings
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The Trade-Comovement Puzzle
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Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations
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Risk, the College Premium, and Aggregate Human Capital Investment
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Oil, Equities, and the Zero Lower Bound
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How Do Mortgage Refinances Affect Debt, Default, and Spending? Evidence from HARP
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Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity
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The Choice Channel of Financial Innovation
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Interest-Rate Liberalization and Capital Misallocations
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Transmission of Monetary Policy with Heterogeneity in Household Portfolios
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Interactions and Coordination between Monetary and Macro-Prudential Policies
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The Productivity J-Curve: How Intangibles Complement General Purpose Technologies
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History Dependence in the Housing Market
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Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies
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Evaluating the Economic Cost of Coastal Flooding
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The Transmission of Monetary Policy Shocks
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Macro and Micro Dynamics of Productivity: From Devilish Details to Insights