OOIR: Observatory of International Research

Papers

(The median citation count of American Economic Journal-Macroeconomics 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 2021-04-01 to 2025-04-01.)

Article	Citations
The Rise of Niche Consumption	143
Credit Spreads, Financial Crises, and Macroprudential Policy	87
Cournot Fire Sales	72
Household Search and the Marital Wage Premium	58
Endogenous Separations, Wage Rigidities, and Unemployment Volatility	52
Front Matter	47
Idiosyncratic Income Risk and Aggregate Fluctuations	34
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	30
Occupational Matching and Cities	25
Aggregate and Intergenerational Implications of School Closures: A Quantitative Assessment	23
Risk, the College Premium, and Aggregate Human Capital Investment	23
Front Matter	22
Front Matter	21
Learning on the Job and the Cost of Business Cycles	19
The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform	18
A Congestion Theory of Unemployment Fluctuations	16
Firms’ Precautionary Savings and Employment during a Credit Crisis	16
Learning about Debt Crises	15
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	13
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	13
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	12
Scarred Consumption	12
Local Ties in Spatial Equilibrium	12
Agricultural Diversity, Structural Change, and Long-Run Development: Evidence from the United States	11
Public Education Inequality and Intergenerational Mobility	11

Adverse Selection Dynamics in Privately Produced Safe Debt Markets	11
Innovation-Led Transitions in Energy Supply	11
Age Structure and the Impact of Monetary Policy	11
Shopping for Lower Sales Tax Rates	11
The Intensive Margin in Trade: How Big and How Important?	10
How Do Mortgage Refinances Affect Debt, Default, and Spending? Evidence from HARP	10
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	9
The Extensive Margin of Exporting Products: A Firm-Level Analysis	9
Severe Weather and the Macroeconomy	9
Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators	9
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	9
Optimal Fiscal and Monetary Policy with Distorting Taxes	8
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	8
The Choice Channel of Financial Innovation	8
Capital-Reallocation Frictions and Trade Shocks	8
Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations	8
Reputation, Bailouts, and Interest Rate Spread Dynamics	8
The Macroeconomic Impact of Europe’s Carbon Taxes	8
Front Matter	8
How Sticky Wages in Existing Jobs Can Affect Hiring	8
Front Matter	7
Consumption Inequality and the Frequency of Purchases	7
Front Matter	7
Transmission of Monetary Policy with Heterogeneity in Household Portfolios	7
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	7
Uncertainty and Information Acquisition: Evidence from Firms and Households	6
Self-Harming Trade Policy? Protectionism and Production Networks	6
Optimal Taxation with Endogenous Default under Incomplete Markets	6
Dynamism Diminished: The Role of Housing Markets and Credit Conditions	6
Understanding Persistent ZLB: Theory and Assessment	6
Front Matter	6
Sectoral Heterogeneity and Monetary Policy	6
Land Misallocation and Productivity	6
Ambiguity Aversion and Heterogeneity in Households’ Beliefs	6
Firm Wages in a Frictional Labor Market	5
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	5
Does Consumption Respond to Transitory Shocks? Reconciling Natural Experiments and Semistructural Methods	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5
Flexibility and Frictions in Multisector Models	5
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	5
Mind the Gap! Stylized Dynamic Facts and Structural Models	5
The Elasticity of Aggregate Output with Respect to Capital and Labor	5
World Productivity: 1996–2014	4
Does Unemployment Risk Affect Business Cycle Dynamics?	4
House Prices and Consumption: A New Instrumental Variables Approach	4
Childcare Subsidies and Child Skill Accumulation in One- and Two-Parent Families	4
Pigouvian Cycles	4
MPC Heterogeneity and Household Balance Sheets	4
Monetary Policy and Inequality under Labor Market Frictions and Capital-Skill Complementarity	4
Skilled Labor Productivity and Cross-Country Income Differences	4

On the Macroeconomic Consequences of Over-Optimism	4
Hours, Occupations, and Gender Differences in Labor Market Outcomes	4
Assessing the Gains from E-Commerce	4
The Rise of the Machines: Automation, Horizontal Innovation, and Income Inequality	4
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	4
Front Matter	4
Macro and Micro Dynamics of Productivity: From Devilish Details to Insights	3
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	3
Macroeconomic Frameworks: Reconciling Evidence and Model Predictions from Demand Shocks	3
Population Aging and Structural Transformation	3
Neo-Fisherian Policies and Liquidity Traps	3
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	3
The Propagation of Demand Shocks through Housing Markets	3
Front Matter	3
Learning by Sharing: Monetary Policy and Common Knowledge	3
Knowledge Diffusion, Trade, and Innovation across Countries and Sectors	3
The State-Dependent Effectiveness of Hiring Subsidies	3
Front Matter	3
When Interest Rates Go Low, Should Public Debt Go High?	2
Fiscal Rules and the Sovereign Default Premium	2
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	2
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	2
Optimal Currency Areas with Labor Market Frictions	2
New Facts on Consumer Price Rigidity in the Euro Area	2
Firm Entry and Exit and Aggregate Growth	2
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets	2
Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization	2
Sectoral Heterogeneity in Nominal Price Rigidity and the Origin of Aggregate Fluctuations	2
Bubbles, Crashes, and Economic Growth: Theory and Evidence	2
Optimal Inflation Target in an Economy with Menu Costs and a Zero Lower Bound	2
International Friends and Enemies	2
Trade in Commodities and Business Cycle Volatility	2
Front Matter	2
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	2
Overpersistence Bias in Individual Income Expectations and Its Aggregate Implications	2
Entry Barriers, Idiosyncratic Distortions, and the Firm Size Distribution	2
Collective Moral Hazard and the Interbank Market	2
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information	2
Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale	2
Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge	2
Front Matter	2
Enemies of the People	2
The Transmission of Monetary Policy Shocks	2