Journal of Monetary Economics

Papers
(The median citation count of Journal of Monetary Economics is 3. 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 2022-01-01 to 2026-01-01.)
ArticleCitations
Expectation-driven boom-bust cycles224
Averaging impulse responses using prediction pools134
Capital and income inequality: An aggregate-demand complementarity114
The collateral link between volatility and risk sharing79
Sovereign CoCos and debt forgiveness70
Revisiting the forecasts of others65
Coordinating business cycles63
Editorial Board63
Rising earnings inequality and optimal income tax and social security policies58
The natural rate of interest through a hall of mirrors55
Wealth inequality dynamics in europe and the united states: Understanding the determinants55
More than words: Fed Chairs’ communication during congressional testimonies54
Wealth Inequality and Endogenous Growth51
Shaping inequality and intergenerational persistence of poverty: Free college or better schools?51
Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey50
Business cycle asymmetry and input-output structure: The role of firm-to-firm networks50
How does caste affect entrepreneurship? birth versus worth49
Learning and the capital age premium49
How to limit the spillover from an inflation surge to inflation expectations?49
Threats to central bank independence: High-frequency identification with twitter46
Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix42
Joint search over the life cycle40
Editorial Board40
Editorial Board38
The long and variable lags of monetary policy: Evidence from disaggregated price indices36
Lessons from history for successful disinflation36
Is a fiscal union optimal for a monetary union?34
Beyond the headline: How personal exposure to inflation shapes the financial choices of households33
Comment on “The long and variable lags of monetary policy: Evidence from disaggregated price indices” by S. Borağan Aruoba and Thomas Drechsel32
CBDC and the operational framework of monetary policy32
Discussion of “Homeownership segregation”32
Bubbly firm dynamics and aggregate fluctuations31
A theory of net capital flows over the global financial cycle31
Overconfidence in private information explains biases in professional forecasts31
Parameter learning in production economies30
Credit risk and the transmission of interest rate shocks30
Adverse selection and search congestion in over-the-counter markets30
Labor market effects of global supply chain disruptions28
Inflation-stabilizing monetary and fiscal policy rules at and away from the lower bound28
The economics of helicopter money28
Revisiting the monetary transmission mechanism through an industry-level differential approach24
Haste makes waste? Quantity-based subsidies under heterogeneous innovations23
Credit cards, credit utilization, and consumption23
Stress relief? Funding structures and resilience to the covid shock23
The long-run redistributive effects of monetary policy22
Committed to flexible fiscal rules22
Local information and firm expectations about aggregates22
Subjective housing price expectations, falling natural rates, and the optimal inflation target22
Information frictions among firms and households22
Are IMF rescue packages effective? A synthetic control analysis of macroeconomic crises21
Asymmetric information and misaligned inflation expectations21
A new approach to integrating expectations into VAR models21
Loan types and the bank lending channel20
Diminishing treasury convenience premiums: Effects of dealers’ excess demand and balance sheet constraints20
Discussion of: “Central bank challenges posed by uncertain climate change and natural disasters” by Lars Peter Hansen20
Female entrepreneurship in the U.S. 1982–2012: Implications for welfare and aggregate output20
Comments on unequal growth19
Globalization, structural change and international comovement19
Barriers to black entrepreneurship: Implications for welfare and aggregate output over time19
The monetary financing of a large fiscal shock19
The unemployment–inflation trade-off revisited: The Phillips curve in COVID times19
Comment on “On Wars, Sanctions, and Sovereign Default” by Javier Bianchi and César Sosa-Padilla19
Editorial Board19
The unbearable lightness of equilibria in a low interest rate environment19
Demographics and the evolution of global imbalances18
All that glitters: A theory of multiple bubbles with implications for cryptocurrencies18
Female entrepreneurship, financial frictions and capital misallocation in the US18
Wealth shocks and portfolio choice18
The real effects of borrower-based macroprudential policy: Evidence from administrative household-level data18
Occupational reallocation within and across firms: Implications for labor market polarization18
Comment on trade wars and industrial policy competitions: understanding the U.S.-China economic conflicts18
A model of risk sharing in a dual labor market18
Unequal growth18
Let's face it: Quantifying the impact of nonverbal communication in FOMC press conferences17
Bond market stimulus: Firm-level evidence17
Employment and the residential collateral channel of monetary policy17
Consumer inflation expectations: Daily dynamics17
Tariff wars, unemployment, and top incomes16
Editorial Board16
Undisclosed material inflation risk16
Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data16
The liquidity channel of fiscal policy16
Wage and earnings inequality between and within occupations: The role of labor supply16
International tax competition with rising intangible capital and financial globalization16
Skilled immigration frictions as a barrier for young firms16
(Re-)Connecting inflation and the labor market: A tale of two curves15
The international spillovers of synchronous monetary tightening15
Central banking challenges posed by uncertain climate change and natural disasters15
Behavioral sticky prices15
A natural level of capital flows14
An options-based impact study of the negative interest rate policy and forward guidance14
Optimal monetary policy with uncertain private sector foresight14
Sovereign risk and Dutch disease14
The consumption expenditure response to unemployment: Evidence from Norwegian households14
Comment on: “Occupational reallocation within and across firms: Implications for labor-market polarization” By T. Mukoyama, N. Takayama, and S. Tanaka14
Learning about labor markets14
What matters in households’ inflation expectations?13
The macroeconomic consequences of subsistence self-employment13
Monetary policy and the persistent aggregate effects of wealth redistribution12
Make-up strategies with finite planning horizons but infinitely forward-looking asset prices12
Central bank communication with non-experts – A road to nowhere?12
Uncertainty, imperfect information, and expectation formation over the firm’s life cycle11
The alpha beta gamma of the labor market11
Editorial Board11
Discussion of a North–South model of structural change and growth” by Aristizabal Ramirez, Leahy, and Tesar11
Editorial Board11
Understanding post-COVID inflation dynamics11
The economic effects of firm-level uncertainty: Evidence using subjective expectations11
Contagion in debt and collateral markets10
Comment on: “Optimal Taxation of Multinational Enterprises: A Ramsey Approach”, by Sebastian Dyrda, Guangbin Hong, and Joseph B. Steinberg10
Editorial Board10
Optimal monetary policy and disclosure with an informationally-constrained central banker10
Editorial Board10
Oil price fluctuations, US banks, and macroprudential policy10
Editorial Board9
Long-lived employment effects of delays in emergency financing for small businesses9
On wars, sanctions, and sovereign default9
Government debt and risk premia9
Economic theories and macroeconomic reality9
State dependence of fiscal multipliers: the source of fluctuations matters9
Negative nominal interest rates and monetary policy9
A comment on: Globalization, trade imbalances and inequality9
Long-lag VARs9
Information management in times of crisis9
Unusual shocks in our usual models9
Cross-sectional financial conditions, business cycles and the lending channel9
The importance of technology in banking during a crisis9
Abrupt monetary policy change and unanchoring of inflation expectations9
Understanding the international rise and fall of inflation since 20209
Does fiscal policy matter for stock-bond return correlation?9
Will the AI revolution cause a great divergence?9
Comment on “central bank policy and the concentration of risk: Empirical estimates” by Nuno Coimbra, Daisoon Kim and Hélène Rey9
A research program on monetary policy for Europe9
Predicting the demand for central bank digital currency: A structural analysis with survey data9
Globalization, trade imbalances and inequality8
Who bears the costs of inflation? Euro area households and the 2021–2023 shock8
A global perspective on post pandemic inflation and its retreat: Remarks prepared for NBER conference on “inflation in the COVID era”8
Inflation at risk8
Inefficient international risk-sharing8
Sinking ships: Liquidity constraints and return predictability in recessions8
Relative-price changes as aggregate supply shocks revisited: Theory and evidence8
Trade and diffusion of embodied technology: an empirical analysis8
Neural network learning for nonlinear economies8
Wealth redistribution in bubbles and crashes8
A new approach to assess inflation expectations anchoring using strategic surveys7
Comment on: “International tax competition with rising intangible capital and financial globalization” by Vincenzo Quadrini and José-Victor Ríos-Rull7
Comment on “Rigid production networks” by Pellet and Tahbaz-Salehi7
Market segmentation and spending multipliers7
Decrypting new age international capital flows7
Inflation disasters and consumption7
Duopolistic competition and monetary policy7
No firm is an island? How industry conditions shape firms’ expectations7
Comments on “Fiscal and monetary stabilization policy at the zero lower bound: Consequences of limited foresight” by Woodford and Xie7
Dispersed information, nominal rigidities and monetary business cycles: A Hayekian perspective7
Is it AI or data that drives firm market power?7
Editorial Board6
Comments on “Wealth inequality dynamics in Europe and the United States: Understanding the determinants” by Blanchet and Martínez-Toledano6
Mortgage choice and inflation experiences in the Eurozone6
Heterogeneous job ladders6
Measuring monetary policy in the UK: The UK monetary policy event-study database6
Macroprudential policy with earnings-based borrowing constraints6
The chronology of Brexit and UK monetary policy6
Rigid production networks6
Comments on “Income differences and health disparities: Roles of preventive vs. curative medicine” by Serdar Ozkan6
Myopic fiscal objectives and long-Run monetary efficiency6
State-level economic policy uncertainty6
Optimal normalization policy under behavioral expectations6
A north-south model of structural change and growth6
What is the source of the intergenerational correlation in earnings?6
Euro area monetary policy effects. Does the shape of the yield curve matter?6
A model of retail banking and the deposits channel of monetary policy6
Same actions, different effects: The conditionality of monetary policy instruments5
Biased surveys5
The Credit Channel of Public Procurement5
Discussion of “Heterogeneous Job Ladders”5
Editorial Board5
A plucking model of business cycles5
Cyclicality of uncertainty and disagreement5
Discussion of “cash: A blessing or a curse?”5
International trade and macroeconomic dynamics with sanctions5
Optimal trend inflation in an open economy5
Editorial Board5
Natural gas and the macroeconomy: Not all energy shocks are alike4
The underemployment trap4
How does the fed affect corporate credit costs? Default risk, creditor segmentation and the post-FOMC drift4
Monetary policy, firm heterogeneity, and the distribution of investment rates4
Editorial Board4
Editorial Board4
What is the source of the intergenerational correlation in earnings? A comment4
Income differences and health disparities: Roles of preventive vs. curative medicine4
Hedge funds and the Treasury cash-futures basis trade4
Credit constraints and firms’ decisions: Lessons from the COVID-19 outbreak4
Optimal taxation of multinational enterprises: A Ramsey approach4
Editorial Board4
Editorial Board4
Editorial Board4
Blended identification in structural VARs4
Endogenous uncertainty and the macroeconomic impact of shocks to inflation expectations4
Is there news in inventories?4
Introduction to the 100th Carnegie-Rochester-New York University Conference on Public Policy Volume4
Money runs4
Editorial Board4
Editorial Board4
Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data3
Staggered contracts and unemployment during recessions3
Wage employment, unemployment and self-employment across countries3
The inflation expectations of U.S. firms: Evidence from a new survey3
Earnings growth, job flows and churn3
Do firm expectations respond to monetary policy announcements?3
Comment on “The supply and demand for safe assets”3
Dynamic information aggregation: Learning from the past3
A choice-based approach to the measurement of inflation expectations3
Forecast revisions as instruments for news shocks3
Inequality and asset prices during Sudden Stops3
A model of expenditure shocks3
Wealth accumulation, on-the-job search and inequality3
The emergence of procyclical fertility: The role of breadwinner women3
Robot adoption and inflation dynamics3
Central Bank Policy and the concentration of risk: Empirical estimates3
0.13729310035706