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 2021-09-01 to 2025-09-01.)

Article	Citations
Endogenous Separations, Wage Rigidities, and Unemployment Volatility	160
Learning about Debt Crises	121
Credit Spreads, Financial Crises, and Macroprudential Policy	74
Household Search and the Marital Wage Premium	67
The Intensive Margin in Trade: How Big and How Important?	55
Uncertainty Shocks, Adjustment Costs, and Firm Beliefs: Evidence from a Representative Survey	44
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	34
Severe Weather and the Macroeconomy	32
Front Matter	27
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	26
Mind the Gap! Stylized Dynamic Facts and Structural Models	24
Front Matter	22
The Elasticity of Aggregate Output with Respect to Capital and Labor	21
Assessing the Gains from E-Commerce	18
Learning by Sharing: Monetary Policy and Common Knowledge	17
Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization	16
Enemies of the People	15
Collective Moral Hazard and the Interbank Market	15
Information Dynamics and Macro Fluctuations	14
Asset Price Booms and Macroeconomic Policy: A Risk-Shifting Approach	14
Automation, Bargaining Power, and Labor Market Fluctuations	14
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	14
Women, Wealth Effects, and Slow Recoveries	14
Distortions and the Structure of the World Economy	14
Estimating Hysteresis Effects	13

Dynamic Capital Tax Competition under the Source Principle	12
Public Education Inequality and Intergenerational Mobility	12
Firms’ Precautionary Savings and Employment during a Credit Crisis	12
Local Ties in Spatial Equilibrium	11
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	11
Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators	11
World Productivity: 1996–2014	11
Uncertainty and Information Acquisition: Evidence from Firms and Households	10
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	10
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	9
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	9
Front Matter	9
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets	9
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information	9
Asymmetric Effects of Monetary Policy in Regional Housing Markets	8
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	8
A Unified Model of Learning to Forecast	8
News Shocks under Financial Frictions	8
On the Macroeconomic Consequences of Over-Optimism	8
International Friends and Enemies	8
The Aggregate-Demand Doom Loop: Precautionary Motives and the Welfare Costs of Sovereign Risk	8
Pigouvian Cycles	8
Knowledge Diffusion, Trade, and Innovation across Countries and Sectors	8
Declining Worker Turnover: The Role of Short-Duration Employment Spells	7
US Treasury Auctions: A High-Frequency Identification of Supply Shocks	7
Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence	7
A Simple Explanation of Countercyclical Uncertainty	7
Family Heterogeneity, Human Capital Investment, and College Attainment	7
Inequality, Taxation, and Sovereign Default Risk	7
Efficient Consolidation of Incentives for Education and Retirement Savings	7
Slow Debt, Deep Recessions	6
Short-Term Planning, Monetary Policy, and Macroeconomic Persistence	6
An American Macroeconomic Picture: Supply and Demand Shocks in the Frequency Domain	6
The Government Spending Multiplier in a Multisector Economy	6
The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform	6
Agricultural Diversity, Structural Change, and Long-Run Development: Evidence from the United States	6
A Congestion Theory of Unemployment Fluctuations	6
Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks	6
Adverse Selection Dynamics in Privately Produced Safe Debt Markets	6
The Rise of Niche Consumption	6
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	6
Land Misallocation and Productivity	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5
Does Unemployment Risk Affect Business Cycle Dynamics?	5
Bubbles, Crashes, and Economic Growth: Theory and Evidence	5
Self-Harming Trade Policy? Protectionism and Production Networks	5
Optimal Taxation with Endogenous Default under Incomplete Markets	5
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	5
Population Aging and Structural Transformation	5
MPC Heterogeneity and Household Balance Sheets	5

Ambiguity Aversion and Heterogeneity in Households’ Beliefs	5
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	5
Learning-through-Survey in Inflation Expectations	4
State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations	4
Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge	4
Front Matter	4
Optimal Bank Reserve Remuneration and Capital Control Policy	4
Front Matter	4
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	3
Estimating Macrofiscal Effects of Climate Shocks from Billions of Geospatial Weather Observations	3
The Young, the Old, and the Government: Demographics and Fiscal Multipliers	3
Front Matter	3
Domestic Policies and Sovereign Default	3
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	3
Income Differences, Productivity, and Input-Output Networks	3
Micro-Level Misallocation and Selection	3
Entrepôt: Hubs, Scale, and Trade Costs	3
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	3
Optimal Public Debt with Life Cycle Motives	3
Measuring Employer-to-Employer Reallocation	3
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	3
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	3
Innovation-Led Transitions in Energy Supply	3
Optimal Fiscal and Monetary Policy with Distorting Taxes	3
Public Liquidity and Financial Crises	2
Work from Home before and after the COVID-19 Outbreak	2
Monetary Policy in Sudden Stop-Prone Economies	2
Hours, Occupations, and Gender Differences in Labor Market Outcomes	2
Skilled Labor Productivity and Cross-Country Income Differences	2
Reputation, Bailouts, and Interest Rate Spread Dynamics	2
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	2
The Propagation of Demand Shocks through Housing Markets	2
The Cyclical Behavior of Unemployment and Wages under Information Frictions	2
Optimal Policy for Macrofinancial Stability	2
Product Variety, the Cost of Living, and Welfare across Countries	2
Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale	2
Front Matter	2
Sectoral Heterogeneity and Monetary Policy	2
Scarred Consumption	2
Firm Wages in a Frictional Labor Market	2
Collateral Shocks	2
Front Matter	2
Skewed Idiosyncratic Income Risk over the Business Cycle: Sources and Insurance	2
Population, Productivity, and Sustainable Consumption	2
The State-Dependent Effectiveness of Hiring Subsidies	2
Fiscal Rules and the Sovereign Default Premium	2
Age Structure and the Impact of Monetary Policy	2
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	2
Firm Entry and Exit and Aggregate Growth	2