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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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 US 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
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Leverage and Deepening Business Cycle Skewness
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Heterogeneity, Inattention and Bayesian Updates
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The Weak Job Recovery in a Macro Model of Search and Recruiting Intensity
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Endogenous Infrastructure Development and Spatial Takeoff in the First Industrial Revolution
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Rational Inattention in Hiring Decisions
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Consumers' Imperfect Information and Endogenous Price Rigidities
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Bond Convenience Yields and Exchange Rate Dynamics
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The Aging of the Baby Boomers: Demographics and Propagation of Tax Shocks
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Implications of Labor Market Frictions for Risk Aversion and Risk Premia
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Uninsured Unemployment Risk and Optimal Monetary Policy in a Zero-Liquidity Economy
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Did Unconventional Interventions Unfreeze the Credit Market?
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Dynamic Debt Deleveraging and Optimal Monetary Policy
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The Marginal Propensity to Consume over the Business Cycle