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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Under-employment and the Trickle-Down of Unemployment
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Natural Resources and Global Misallocation
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Capital Flows and Foreign Exchange Intervention
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Fixed Wage Contracts and Monetary Non-Neutrality
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Reconsidering the Consequences of Worker Displacements: Firm versus Worker Perspective
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Housing Constraints and Spatial Misallocation
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Failure to Launch: Housing, Debt Overhang, and the Inflation Option
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Financing Constraints, Radical versus Incremental Innovation, and Aggregate Productivity
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Product Turnover and the Cost of Living Index: Quality vs. Fashion Effects
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Changes in Between-group Inequality: Computers, Occupations, and International Trade
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Corporate Cash and Employment
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Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence
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Menu Costs, Aggregate Fluctuations, and Large Shocks
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Is Government Spending at the Zero Lower Bound Desirable?
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The Currency Composition of Sovereign Debt
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Asset Bubbles and Global Imbalances
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Internal Geography, Labor Mobility, and the Distributional Impacts of Trade
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Trade-Induced Structural Change and the Skill Premium
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The Intensity of Job Search and Search Duration
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Forward Guidance and Heterogeneous Beliefs
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“Whatever it takes” Is All You Need: Monetary Policy and Debt Fragility
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Slow Post-financial Crisis Recovery and Monetary Policy
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Some Evidence on Secular Drivers of U.S. Safe Real Rates
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Monopoly Power and Endogenous Product Variety: Distortions and Remedies
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Unemployment Cycles
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Barriers to Reallocation and Economic Growth: The Effects of Firing Costs
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Optimal Taxation with Risky Human Capital
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Optimal Forward Guidance
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The Invisible Hand of the Government: Moral Suasion during the European Sovereign Debt Crisis
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The Collateral Composition Channel
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A Macroeconomic Framework for Quantifying Systemic Risk
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The Impact of Brexit on Foreign Investment and Production
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Temporary Price Changes, Inflation Regimes and the Propagation of Monetary Shocks
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The Agricultural Wage Gap: Evidence from Brazilian Micro-data
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Older Americans Would Work Longer If Jobs Were Flexible
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Multidimensional Skill Mismatch