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 2021-06-01 to 2025-06-01.)

Article	Citations
Endogenous Separations, Wage Rigidities, and Unemployment Volatility	151
Credit Spreads, Financial Crises, and Macroprudential Policy	93
Learning about Debt Crises	86
Severe Weather and the Macroeconomy	64
Household Search and the Marital Wage Premium	60
The Intensive Margin in Trade: How Big and How Important?	50
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	39
Front Matter	31
Assessing the Gains from E-Commerce	25
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	24
The Elasticity of Aggregate Output with Respect to Capital and Labor	22
Mind the Gap! Stylized Dynamic Facts and Structural Models	21
Front Matter	21
Collective Moral Hazard and the Interbank Market	20
Learning by Sharing: Monetary Policy and Common Knowledge	16
Optimal Inflation Target in an Economy with Menu Costs and a Zero Lower Bound	15
Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization	14
Enemies of the People	14
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	14
Comparative Advantage in Innovation and Production	13
Automation, Bargaining Power, and Labor Market Fluctuations	13
Asset Price Booms and Macroeconomic Policy: A Risk-Shifting Approach	13
Distortions and the Structure of the World Economy	13
Dynamic Capital Tax Competition under the Source Principle	12
Estimating Hysteresis Effects	12

Information Dynamics and Macro Fluctuations	11
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	11
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	11
Firms’ Precautionary Savings and Employment during a Credit Crisis	11
Women, Wealth Effects, and Slow Recoveries	11
Local Ties in Spatial Equilibrium	11
Public Education Inequality and Intergenerational Mobility	11
Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators	11
Uncertainty and Information Acquisition: Evidence from Firms and Households	10
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	10
World Productivity: 1996–2014	9
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information	9
On the Macroeconomic Consequences of Over-Optimism	8
Pigouvian Cycles	8
Knowledge Diffusion, Trade, and Innovation across Countries and Sectors	8
Front Matter	8
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	8
International Friends and Enemies	8
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	8
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets	8
News Shocks under Financial Frictions	7
Asymmetric Effects of Monetary Policy in Regional Housing Markets	7
A Unified Model of Learning to Forecast	7
A Simple Explanation of Countercyclical Uncertainty	6
Slow Debt, Deep Recessions	6
The Government Spending Multiplier in a Multisector Economy	6
Family Heterogeneity, Human Capital Investment, and College Attainment	6
US Treasury Auctions: A High-Frequency Identification of Supply Shocks	6
Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence	6
Efficient Consolidation of Incentives for Education and Retirement Savings	6
Inequality, Taxation, and Sovereign Default Risk	6
Declining Worker Turnover: The Role of Short-Duration Employment Spells	6
Short-Term Planning, Monetary Policy, and Macroeconomic Persistence	6
Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks	5
Adverse Selection Dynamics in Privately Produced Safe Debt Markets	5
The Rise of Niche Consumption	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5
Optimal Taxation with Endogenous Default under Incomplete Markets	5
Agricultural Diversity, Structural Change, and Long-Run Development: Evidence from the United States	5
A Congestion Theory of Unemployment Fluctuations	5
Does Unemployment Risk Affect Business Cycle Dynamics?	5
Land Misallocation and Productivity	5
The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform	5
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	5
Ambiguity Aversion and Heterogeneity in Households’ Beliefs	5
Self-Harming Trade Policy? Protectionism and Production Networks	5
State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations	4
Optimal Bank Reserve Remuneration and Capital Control Policy	4
Front Matter	4
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	4

Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge	4
Front Matter	4
Learning-through-Survey in Inflation Expectations	4
Population Aging and Structural Transformation	4
The Transmission of Monetary Policy Shocks	4
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	4
Higher Taxes at the Top: The Role of Entrepreneurs	4
Trade in Commodities and Business Cycle Volatility	4
Bubbles, Crashes, and Economic Growth: Theory and Evidence	4
MPC Heterogeneity and Household Balance Sheets	4
Entrepôt: Hubs, Scale, and Trade Costs	3
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	3
Measuring Employer-to-Employer Reallocation	3
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	3
Micro-Level Misallocation and Selection	3
Front Matter	3
Income Differences, Productivity, and Input-Output Networks	3
Optimal Public Debt with Life Cycle Motives	3
The Young, the Old, and the Government: Demographics and Fiscal Multipliers	3
Fewer but Better: Sudden Stops, Firm Entry, and Financial Selection	3
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	3
Reputation, Bailouts, and Interest Rate Spread Dynamics	2
Sectoral Heterogeneity and Monetary Policy	2
Innovation-Led Transitions in Energy Supply	2
Hours, Occupations, and Gender Differences in Labor Market Outcomes	2
Front Matter	2
Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale	2
Front Matter	2
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	2
Shopping for Lower Sales Tax Rates	2
Optimal Fiscal and Monetary Policy with Distorting Taxes	2
Age Structure and the Impact of Monetary Policy	2
The State-Dependent Effectiveness of Hiring Subsidies	2
The Cyclical Behavior of Unemployment and Wages under Information Frictions	2
Macro and Micro Dynamics of Productivity: From Devilish Details to Insights	2
Fiscal Rules and the Sovereign Default Premium	2
Firm Wages in a Frictional Labor Market	2
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	2
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	2
Scarred Consumption	2
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	2
Firm Entry and Exit and Aggregate Growth	2
Skilled Labor Productivity and Cross-Country Income Differences	2
The Propagation of Demand Shocks through Housing Markets	2