Journal of Monetary Economics

Article	Citations
Expectation-driven boom-bust cycles	215
The collateral link between volatility and risk sharing	129
Sovereign CoCos and debt forgiveness	106
Revisiting the forecasts of others	94
Coordinating business cycles	72
Wealth inequality dynamics in europe and the united states: Understanding the determinants	70
Wealth Inequality and Endogenous Growth	67
Shaping inequality and intergenerational persistence of poverty: Free college or better schools?	66
Editorial Board	61
Rising earnings inequality and optimal income tax and social security policies	60
Capital and income inequality: An aggregate-demand complementarity	60
Editorial Board	58
Business cycle asymmetry and input-output structure: The role of firm-to-firm networks	54
Averaging impulse responses using prediction pools	53
More than words: Fed Chairs’ communication during congressional testimonies	52
Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey	52
The natural rate of interest through a hall of mirrors	49
Beyond the headline: How personal exposure to inflation shapes the financial choices of households	49
Lessons from history for successful disinflation	49
Joint search over the life cycle	47
Editorial Board	47
Learning and the capital age premium	46
Editorial Board	45
CBDC and the operational framework of monetary policy	44
The long and variable lags of monetary policy: Evidence from disaggregated price indices	42

Is a fiscal union optimal for a monetary union?	39
How to limit the spillover from an inflation surge to inflation expectations?	38
How does caste affect entrepreneurship? birth versus worth	38
Monetary policy surprises and their transmission through term premia and expected interest rates	38
Threats to central bank independence: High-frequency identification with twitter	35
Comment on “The long and variable lags of monetary policy: Evidence from disaggregated price indices” by S. Borağan Aruoba and Thomas Drechsel	34
Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix	34
Parameter learning in production economies	34
A theory of net capital flows over the global financial cycle	32
Discussion of “Homeownership segregation”	31
Bubbly firm dynamics and aggregate fluctuations	30
Haste makes waste? Quantity-based subsidies under heterogeneous innovations	30
The economics of helicopter money	29
Overconfidence in private information explains biases in professional forecasts	29
Credit cards, credit utilization, and consumption	29
Adverse selection and search congestion in over-the-counter markets	29
Labor market effects of global supply chain disruptions	28
Credit risk and the transmission of interest rate shocks	28
Stress relief? Funding structures and resilience to the covid shock	27
Inflation-stabilizing monetary and fiscal policy rules at and away from the lower bound	26
Revisiting the monetary transmission mechanism through an industry-level differential approach	24
Committed to flexible fiscal rules	23
Subjective housing price expectations, falling natural rates, and the optimal inflation target	23
Asymmetric information and misaligned inflation expectations	23
Diminishing treasury convenience premiums: Effects of dealers’ excess demand and balance sheet constraints	22
Local information and firm expectations about aggregates	22
The long-run redistributive effects of monetary policy	22
Information frictions among firms and households	21
Are IMF rescue packages effective? A synthetic control analysis of macroeconomic crises	21
Loan types and the bank lending channel	21
Demographics and the evolution of global imbalances	20
Comment on “On Wars, Sanctions, and Sovereign Default” by Javier Bianchi and César Sosa-Padilla	20
The monetary financing of a large fiscal shock	20
The unbearable lightness of equilibria in a low interest rate environment	20
Discussion of: “Central bank challenges posed by uncertain climate change and natural disasters” by Lars Peter Hansen	20
Female entrepreneurship in the U.S. 1982–2012: Implications for welfare and aggregate output	20
A new approach to integrating expectations into VAR models	20
Globalization, structural change and international comovement	20
Comments on unequal growth	19
Wealth shocks and portfolio choice	19
Barriers to black entrepreneurship: Implications for welfare and aggregate output over time	19
The unemployment–inflation trade-off revisited: The Phillips curve in COVID times	19
Editorial Board	19
A model of risk sharing in a dual labor market	19
Unequal growth	18
Comment on trade wars and industrial policy competitions: understanding the U.S.-China economic conflicts	18
Bond market stimulus: Firm-level evidence	18
All that glitters: A theory of multiple bubbles with implications for cryptocurrencies	18
The real effects of borrower-based macroprudential policy: Evidence from administrative household-level data	17
The liquidity channel of fiscal policy	17

Employment and the residential collateral channel of monetary policy	17
Let's face it: Quantifying the impact of nonverbal communication in FOMC press conferences	17
Wage and earnings inequality between and within occupations: The role of labor supply	16
Skilled immigration frictions as a barrier for young firms	16
Female entrepreneurship, financial frictions and capital misallocation in the US	16
Consumer inflation expectations: Daily dynamics	16
Occupational reallocation within and across firms: Implications for labor market polarization	16
Tariff wars, unemployment, and top incomes	16
Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data	15
Central banking challenges posed by uncertain climate change and natural disasters	15
Editorial Board	15
Undisclosed material inflation risk	15
International tax competition with rising intangible capital and financial globalization	15
(Re-)Connecting inflation and the labor market: A tale of two curves	14
Comment on: “Occupational reallocation within and across firms: Implications for labor-market polarization” By T. Mukoyama, N. Takayama, and S. Tanaka	14
The international spillovers of synchronous monetary tightening	14
The macroeconomic consequences of subsistence self-employment	14
Behavioral sticky prices	14
Sovereign risk and Dutch disease	14
An options-based impact study of the negative interest rate policy and forward guidance	14
A natural level of capital flows	13
Learning about labor markets	13
Contagion in debt and collateral markets	13
The consumption expenditure response to unemployment: Evidence from Norwegian households	13
Optimal monetary policy with uncertain private sector foresight	13
Monetary policy and the persistent aggregate effects of wealth redistribution	13
What matters in households’ inflation expectations?	13
Editorial Board	12
Central bank communication with non-experts – A road to nowhere?	12
The alpha beta gamma of the labor market	12
Optimal monetary policy and disclosure with an informationally-constrained central banker	12
Make-up strategies with finite planning horizons but infinitely forward-looking asset prices	12
Editorial Board	11
Uncertainty, imperfect information, and expectation formation over the firm’s life cycle	11
Why have interest rates fallen far below the return on capital?	11
Discussion of a North–South model of structural change and growth” by Aristizabal Ramirez, Leahy, and Tesar	11
The economic effects of firm-level uncertainty: Evidence using subjective expectations	11
Oil price fluctuations, US banks, and macroprudential policy	11
Understanding post-COVID inflation dynamics	11
Editorial Board	10
Editorial Board	10
On wars, sanctions, and sovereign default	10
Long-lag VARs	10
Will the AI revolution cause a great divergence?	10
Does fiscal policy matter for stock-bond return correlation?	10
Comment on: “Optimal Taxation of Multinational Enterprises: A Ramsey Approach”, by Sebastian Dyrda, Guangbin Hong, and Joseph B. Steinberg	10
Long-lived employment effects of delays in emergency financing for small businesses	10
Information management in times of crisis	10
Predicting the demand for central bank digital currency: A structural analysis with survey data	9
Comment on “central bank policy and the concentration of risk: Empirical estimates” by Nuno Coimbra, Daisoon Kim and Hélène Rey	9
Understanding the international rise and fall of inflation since 2020	9
Cross-sectional financial conditions, business cycles and the lending channel	9
Economic theories and macroeconomic reality	9
The importance of technology in banking during a crisis	9
Government debt and risk premia	9
Who bears the costs of inflation? Euro area households and the 2021–2023 shock	8
Editorial Board	8
Taylor rule estimation by OLS	8
Negative nominal interest rates and monetary policy	8
Abrupt monetary policy change and unanchoring of inflation expectations	8
Inefficient international risk-sharing	8
State dependence of fiscal multipliers: the source of fluctuations matters	8
Wealth redistribution in bubbles and crashes	8
Neural network learning for nonlinear economies	8
Unusual shocks in our usual models	8
A research program on monetary policy for Europe	8
A comment on: Globalization, trade imbalances and inequality	7
Inflation at risk	7
Sinking ships: Liquidity constraints and return predictability in recessions	7
Comment on “Rigid production networks” by Pellet and Tahbaz-Salehi	7
Dispersed information, nominal rigidities and monetary business cycles: A Hayekian perspective	7
Relative-price changes as aggregate supply shocks revisited: Theory and evidence	7
Trade and diffusion of embodied technology: an empirical analysis	7
Duopolistic competition and monetary policy	7
No firm is an island? How industry conditions shape firms’ expectations	7
Comment on: “International tax competition with rising intangible capital and financial globalization” by Vincenzo Quadrini and José-Victor Ríos-Rull	7
Globalization, trade imbalances and inequality	7
A global perspective on post pandemic inflation and its retreat: Remarks prepared for NBER conference on “inflation in the COVID era”	7
Market segmentation and spending multipliers	7
A new approach to assess inflation expectations anchoring using strategic surveys	7

JME Best Paper Prize 2020	6
Comments on “Fiscal and monetary stabilization policy at the zero lower bound: Consequences of limited foresight” by Woodford and Xie	6
Inflation disasters and consumption	6
Editorial Board	6
Mortgage choice and inflation experiences in the Eurozone	6
The chronology of Brexit and UK monetary policy	6
Decrypting new age international capital flows	6
Optimal normalization policy under behavioral expectations	6
Comments on “Wealth inequality dynamics in Europe and the United States: Understanding the determinants” by Blanchet and Martínez-Toledano	6
Rigid production networks	6
A north-south model of structural change and growth	6
Macroprudential policy with earnings-based borrowing constraints	6
Comments on “Income differences and health disparities: Roles of preventive vs. curative medicine” by Serdar Ozkan	6
What is the source of the intergenerational correlation in earnings?	6
Euro area monetary policy effects. Does the shape of the yield curve matter?	5
State-level economic policy uncertainty	5
International trade and macroeconomic dynamics with sanctions	5
Cyclicality of uncertainty and disagreement	5
Heterogeneous job ladders	5
Myopic fiscal objectives and long-Run monetary efficiency	5
Discussion of “Heterogeneous Job Ladders”	5
A plucking model of business cycles	5
A model of retail banking and the deposits channel of monetary policy	5
Measuring monetary policy in the UK: The UK monetary policy event-study database	5
Editorial Board	5
Editorial Board	5
Discussion of “cash: A blessing or a curse?”	5
Same actions, different effects: The conditionality of monetary policy instruments	5
Income differences and health disparities: Roles of preventive vs. curative medicine	4
Editorial Board	4
Optimal taxation of multinational enterprises: A Ramsey approach	4
Money runs	4
Editorial Board	4
Blended identification in structural VARs	4
Hedge funds and the Treasury cash-futures basis trade	4
Optimal trend inflation in an open economy	4
Endogenous uncertainty and the macroeconomic impact of shocks to inflation expectations	4
Monetary policy, firm heterogeneity, and the distribution of investment rates	4
Editorial Board	4
Forecast revisions as instruments for news shocks	4
Editorial Board	4
Is there news in inventories?	4
How does the fed affect corporate credit costs? Default risk, creditor segmentation and the post-FOMC drift	4
The Credit Channel of Public Procurement	4
Credit constraints and firms’ decisions: Lessons from the COVID-19 outbreak	4
Editorial Board	4
Introduction to the 100th Carnegie-Rochester-New York University Conference on Public Policy Volume	4
Editorial Board	4
The underemployment trap	4
Editorial Board	4
Natural gas and the macroeconomy: Not all energy shocks are alike	4
Style over substance? Advertising, innovation, and endogenous market structure	3
Robot adoption and inflation dynamics	3
Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data	3
Dynamic information aggregation: Learning from the past	3
The emergence of procyclical fertility: The role of breadwinner women	3
What is the source of the intergenerational correlation in earnings? A comment	3
The inflation expectations of U.S. firms: Evidence from a new survey	3
Central Bank Policy and the concentration of risk: Empirical estimates	3
US Fiscal cycle and the dollar	3
Wealth accumulation, on-the-job search and inequality	3
Earnings growth, job flows and churn	3
Do firm expectations respond to monetary policy announcements?	3
A model of expenditure shocks	3
Comment on “The supply and demand for safe assets”	3