Journal of Monetary Economics

Papers
(The median citation count of Journal of Monetary Economics is 2. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-08-01 to 2026-08-01.)
ArticleCitations
Expectation-driven boom-bust cycles148
Editorial Board78
Sovereign CoCos and debt forgiveness73
Revisiting the forecasts of others68
The natural rate of interest through a hall of mirrors68
Central bank reputation with noise61
The timing of shocks matters in optimal monetary policy59
Rising earnings inequality and optimal income tax and social security policies51
Averaging impulse responses using prediction pools50
Shaping inequality and intergenerational persistence of poverty: Free college or better schools?48
Staffing agencies and in-house bargaining47
Comment on: Is it AI or data that drives market power?47
Business cycle asymmetry and input-output structure: The role of firm-to-firm networks44
Wealth Inequality and Endogenous Growth44
More than words: Fed Chairs’ communication during congressional testimonies43
Coordinating business cycles41
Wealth inequality dynamics in europe and the united states: Understanding the determinants41
FraNK: Fragmentation in the NK Model40
The collateral link between volatility and risk sharing38
Heterogeneous innovations and growth under imperfect technology spillovers38
Learning and the capital age premium38
Is a fiscal union optimal for a monetary union?37
Joint search over the life cycle37
Editorial Board37
Editorial Board37
Lessons from history for successful disinflation36
Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix34
CBDC and the operational framework of monetary policy33
Beyond the headline: How personal exposure to inflation shapes the financial choices of households33
How does caste affect entrepreneurship? birth versus worth32
How to limit the spillover from an inflation surge to inflation expectations?32
Threats to central bank independence: High-frequency identification with twitter31
The long and variable lags of monetary policy: Evidence from disaggregated price indices31
Comment on “The long and variable lags of monetary policy: Evidence from disaggregated price indices” by S. Borağan Aruoba and Thomas Drechsel30
Disincentive effects of unemployment insurance benefits30
Inflation-stabilizing monetary and fiscal policy rules at and away from the lower bound29
A theory of net capital flows over the global financial cycle29
Bubbly firm dynamics and aggregate fluctuations28
Parameter learning in production economies28
Adverse selection and search congestion in over-the-counter markets28
Overconfidence in private information explains biases in professional forecasts27
Stress relief? Funding structures and resilience to the covid shock27
Credit cards, credit utilization, and consumption27
The economics of helicopter money26
Comment on “The impact of AI on global knowledge work” by Enrique Ide and Eduard Talamàs25
Haste makes waste? Quantity-based subsidies under heterogeneous innovations25
Labor market effects of global supply chain disruptions25
Credit risk and the transmission of interest rate shocks24
Revisiting the monetary transmission mechanism through an industry-level differential approach24
Subjective housing price expectations, falling natural rates, and the optimal inflation target23
The long-run redistributive effects of monetary policy23
Asymmetric information and misaligned inflation expectations22
Local information and firm expectations about aggregates22
Diminishing treasury convenience premiums: Effects of dealers’ excess demand and balance sheet constraints22
Information frictions among firms and households21
Committed to flexible fiscal rules21
Female entrepreneurship in the U.S. 1982–2012: Implications for welfare and aggregate output21
A new approach to integrating expectations into VAR models21
Comments on unequal growth20
Barriers to black entrepreneurship: Implications for welfare and aggregate output over time20
The monetary financing of a large fiscal shock20
Comment on “On Wars, Sanctions, and Sovereign Default” by Javier Bianchi and César Sosa-Padilla20
Globalization, structural change and international comovement20
The crowding-in effects of local government debt in China20
The unemployment–inflation trade-off revisited: The Phillips curve in COVID times20
Comment on trade wars and industrial policy competitions: understanding the U.S.-China economic conflicts19
A model of risk sharing in a dual labor market19
Bond market stimulus: Firm-level evidence18
Occupational reallocation within and across firms: Implications for labor market polarization18
Unequal growth18
Employment and the residential collateral channel of monetary policy17
The real effects of borrower-based macroprudential policy: Evidence from administrative household-level data17
All that glitters: A theory of multiple bubbles with implications for cryptocurrencies17
Beyond costs: The dominant role of strategic complementarities in pricing16
Wasserstein worst-case scenarios and asset pricing16
Consumer inflation expectations: Daily dynamics16
Wealth shocks and portfolio choice16
Public debt in calibrated OLG models: Fiscal arithmetic versus welfare analysis15
Skilled immigration frictions as a barrier for young firms15
Wage and earnings inequality between and within occupations: The role of labor supply15
Behavioral sticky prices15
Firm dynamics and random search over the business cycle15
Let's face it: Quantifying the impact of nonverbal communication in FOMC press conferences15
The liquidity channel of fiscal policy15
(Re-)Connecting inflation and the labor market: A tale of two curves15
International tax competition with rising intangible capital and financial globalization14
Tariff wars, unemployment, and top incomes14
The international spillovers of synchronous monetary tightening14
The role of wage expectations in the labor market14
The price impact of Canadian retaliatory tariffs14
Undisclosed material inflation risk14
Sovereign risk and Dutch disease13
Comment on: “Occupational reallocation within and across firms: Implications for labor-market polarization” By T. Mukoyama, N. Takayama, and S. Tanaka13
Optimal monetary policy with uncertain private sector foresight13
Editorial Board12
Learning about labor markets12
Monetary policy and the persistent aggregate effects of wealth redistribution12
The macroeconomic consequences of subsistence self-employment12
Motivating banks to lend? Credit spillover effects of the Main Street Lending Program12
What is core inflation?12
What matters in households’ inflation expectations?12
A natural level of capital flows12
An options-based impact study of the negative interest rate policy and forward guidance12
The consumption expenditure response to unemployment: Evidence from Norwegian households12
Discussion of a North–South model of structural change and growth” by Aristizabal Ramirez, Leahy, and Tesar11
Understanding post-COVID inflation dynamics11
Uncertainty, imperfect information, and expectation formation over the firm’s life cycle11
Make-up strategies with finite planning horizons but infinitely forward-looking asset prices11
The alpha beta gamma of the labor market11
Contagion in debt and collateral markets11
Editorial Board11
Oil price fluctuations, US banks, and macroprudential policy11
Editorial Board10
Long-lag VARs10
Editorial Board10
Long-lived employment effects of delays in emergency financing for small businesses10
The economic effects of firm-level uncertainty: Evidence using subjective expectations10
Comment on: “Optimal Taxation of Multinational Enterprises: A Ramsey Approach”, by Sebastian Dyrda, Guangbin Hong, and Joseph B. Steinberg10
Biased expectations and labor market outcomes: Evidence from German survey data and implications for the East–West wage gap9
Government debt and risk premia9
Unusual shocks in our usual models9
Understanding the international rise and fall of inflation since 20209
The Geography of job creation and job destruction9
Information management in times of crisis9
State dependence of fiscal multipliers: the source of fluctuations matters9
Cross-sectional financial conditions, business cycles and the lending channel9
Negative nominal interest rates and monetary policy9
On wars, sanctions, and sovereign default9
Predicting the demand for central bank digital currency: A structural analysis with survey data9
A research program on monetary policy for Europe9
Editorial Board9
Trade and diffusion of embodied technology: an empirical analysis8
Globalization, trade imbalances and inequality8
Neural network learning for nonlinear economies8
A comment on: Globalization, trade imbalances and inequality8
Who bears the costs of inflation? Euro area households and the 2021–2023 shock8
Climate change and the macroeconomics of bank capital regulation8
Abrupt monetary policy change and unanchoring of inflation expectations8
Inefficient international risk-sharing8
Relative-price changes as aggregate supply shocks revisited: Theory and evidence7
Unstable prosperity: How globalization made the world economy more volatile7
Artificial intelligence and technological unemployment7
Firm idiosyncratic risk and productivity investment: Macroeconomic implications7
Comment on “Rigid production networks” by Pellet and Tahbaz-Salehi7
Duopolistic competition and monetary policy7
Dispersed information, nominal rigidities and monetary business cycles: A Hayekian perspective7
Is it AI or data that drives firm market power?7
Evaluating macroeconomic outcomes under asymmetries: Expectations matter7
Inflation at risk7
Sinking ships: Liquidity constraints and return predictability in recessions7
Comment on: “International tax competition with rising intangible capital and financial globalization” by Vincenzo Quadrini and José-Victor Ríos-Rull7
A global perspective on post pandemic inflation and its retreat: Remarks prepared for NBER conference on “inflation in the COVID era”7
Spread too thin: The impact of lean inventories6
Macroprudential policy with earnings-based borrowing constraints6
Mortgage choice and inflation experiences in the Eurozone6
Decrypting new age international capital flows6
Competition and the Phillips curve6
A north-south model of structural change and growth6
Editorial Board5
Optimal normalization policy under behavioral expectations5
Euro area monetary policy effects. Does the shape of the yield curve matter?5
Measuring monetary policy in the UK: The UK monetary policy event-study database5
The chronology of Brexit and UK monetary policy5
Comments on “Income differences and health disparities: Roles of preventive vs. curative medicine” by Serdar Ozkan5
Wage growth and labor market tightness5
Myopic fiscal objectives and long-Run monetary efficiency5
Rigid production networks5
Comments on “Wealth inequality dynamics in Europe and the United States: Understanding the determinants” by Blanchet and Martínez-Toledano5
Heterogeneous job ladders5
Editorial Board4
Endogenous uncertainty and the macroeconomic impact of shocks to inflation expectations4
A model of retail banking and the deposits channel of monetary policy4
Editorial Board4
Same actions, different effects: The conditionality of monetary policy instruments4
Biased surveys4
Credit constraints and firms’ decisions: Lessons from the COVID-19 outbreak4
Income differences and health disparities: Roles of preventive vs. curative medicine4
State-level economic policy uncertainty4
International trade and macroeconomic dynamics with sanctions4
A plucking model of business cycles4
Hedge funds and the Treasury cash-futures basis trade4
The underemployment trap4
Life-cycle worker flows and cross-country differences in aggregate employment4
The Credit Channel of Public Procurement4
Editorial Board4
Discussion of “Heterogeneous Job Ladders”4
Cyclicality of uncertainty and disagreement4
How does the fed affect corporate credit costs? Default risk, creditor segmentation and the post-FOMC drift3
Editorial Board3
Forecast revisions as instruments for news shocks3
Robot adoption and inflation dynamics3
Editorial Board3
Editorial Board3
Explicit consumption functions with borrowing constraints: A continuous-time approach3
Editorial Board3
Editorial Board3
Earnings growth, job flows and churn3
Editorial Board3
Introduction to the 100th Carnegie-Rochester-New York University Conference on Public Policy Volume3
Optimal trend inflation in an open economy3
Inequality and asset prices during Sudden Stops3
Natural gas and the macroeconomy: Not all energy shocks are alike3
The inflation expectations of U.S. firms: Evidence from a new survey3
Do firm expectations respond to monetary policy announcements?3
Optimal taxation of multinational enterprises: A Ramsey approach3
Monetary policy, firm heterogeneity, and the distribution of investment rates3
Blended identification in structural VARs3
Dynamic information aggregation: Learning from the past2
Staggered contracts and unemployment during recessions2
The rise of AI pricing: Trends, driving forces, and implications for firm performance2
Cross country stock market comovement: A macro perspective2
Partisan expectations and COVID era inflation: A comment2
AI and task efficiency2
Consumer demand and credit supply as barriers to growth for Black-owned startups2
Editorial Board2
Why do rational investors like variance at the peak of a crisis? A learning-based explanation2
Editorial Board2
Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data2
Wage employment, unemployment and self-employment across countries2
Austerity and distributional policy2
A model of expenditure shocks2
Tokenomics: Optimal monetary and fee policies2
Distorted prices and targeted taxes in the New Keynesian Network model2
Strategic referrals and on-the-job search equilibrium2
Comment on “Artificial Intelligence and Technological Unemployment” by Wang and Wong2
Discussion of “Who bears the costs of inflation? Euro area households and the 2021–2022 shock”2
Editorial Board2
Quantifying the allocative efficiency of capital: The role of capital utilization2
“Fencing off silicon valley: Cross-border venture capital and technology spillovers”2
A choice-based approach to the measurement of inflation expectations2
The emergence of procyclical fertility: The role of breadwinner women2
Style over substance? Advertising, innovation, and endogenous market structure2
Elasticity of substitution between robots and workers: Theory and evidence from Japanese robot price data2
Ex ante heterogeneity, separations, and labor market dynamics2
Dissecting the great retirement boom2
The impact of AI on global knowledge work2
Overreaction and macroeconomic fluctuation of the external balance2
A theory of fear of floating2
Estimating the Fed’s unconventional policy shocks2
Dynamic macroeconomic implications of immigration2
Comment on the alpha beta gamma of the labor market2
1.8803548812866