OOIR: Observatory of International Research

Papers

(The median citation count of American Economic Journal-Macroeconomics 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.)

Article	Citations
Learning about Debt Crises	154
Endogenous Separations, Wage Rigidities, and Unemployment Volatility	84
Uncertainty Shocks, Adjustment Costs, and Firm Beliefs: Evidence from a Representative Survey	83
The Intensive Margin in Trade: How Big and How Important?	65
Severe Weather and the Macroeconomy	40
Credit Spreads, Financial Crises, and Macroprudential Policy	40
Anatomy of the Greek Depression with Firm-Level Data: The Importance of Demand Shocks	36
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	32
Front Matter	29
The Elasticity of Aggregate Output with Respect to Capital and Labor	27
Front Matter	27
Temporary Layoffs, Firm Entry and Exit Dynamics, and Aggregate Fluctuations	23
Mind the Gap! Stylized Dynamic Facts and Structural Models	20
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	19
Assessing the Gains from E-Commerce	18
Enemies of the People	17
Learning by Sharing: Monetary Policy and Common Knowledge	17
Accounting for Wealth Concentration in the United States	17
Front Matter	16
Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization	16
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	16
Collective Moral Hazard and the Interbank Market	16
Asset Price Booms and Macroeconomic Policy: A Risk-Shifting Approach	15
Automation, Bargaining Power, and Labor Market Fluctuations	15
Distortions and the Structure of the World Economy	15

Dynamic Capital Tax Competition under the Source Principle	14
Information Dynamics and Macro Fluctuations	14
Estimating Hysteresis Effects	14
Women, Wealth Effects, and Slow Recoveries	13
Public Education Inequality and Intergenerational Mobility	12
Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators	11
Firms’ Precautionary Savings and Employment during a Credit Crisis	11
Local Ties in Spatial Equilibrium	11
Real Exchange Rates and Endogenous Productivity	10
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	10
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	10
World Productivity: 1996–2014	10
Uncertainty and Information Acquisition: Evidence from Firms and Households	10
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	9
GDP-B: Accounting for the Value of New and Free Goods	9
Front Matter	9
On the Macroeconomic Consequences of Over-Optimism	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
International Friends and Enemies	9
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	9
Pigouvian Cycles	8
A Simple Explanation of Countercyclical Uncertainty	8
A Unified Model of Learning to Forecast	8
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	8
News Shocks under Financial Frictions	8
Knowledge Diffusion, Trade, and Innovation across Countries and Sectors	8
The Aggregate-Demand Doom Loop: Precautionary Motives and the Welfare Costs of Sovereign Risk	8
Asymmetric Effects of Monetary Policy in Regional Housing Markets	8
Inequality, Taxation, and Sovereign Default Risk	7
Declining Worker Turnover: The Role of Short-Duration Employment Spells	7
Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks	7
US Treasury Auctions: A High-Frequency Identification of Supply Shocks	7
Trade, Value Added, and Productivity Linkages: A Quantitative Analysis	7
Efficient Consolidation of Incentives for Education and Retirement Savings	7
Family Heterogeneity, Human Capital Investment, and College Attainment	7
Short-Term Planning, Monetary Policy, and Macroeconomic Persistence	7
Adverse Selection Dynamics in Privately Produced Safe Debt Markets	6
The Government Spending Multiplier in a Multisector Economy	6
An American Macroeconomic Picture: Supply and Demand Shocks in the Frequency Domain	6
Slow Debt, Deep Recessions	6
The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform	6
The Rise of Niche Consumption	6
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	6
Bank Risk-Taking, Credit Allocation, and Monetary Policy Transmission: Evidence from China	6
The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics	6
Agricultural Diversity, Structural Change, and Long-Run Development: Evidence from the United States	6
A Congestion Theory of Unemployment Fluctuations	6
Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence	6
Optimal Taxation with Endogenous Default under Incomplete Markets	5

Ambiguity Aversion and Heterogeneity in Households’ Beliefs	5
Population Aging and Structural Transformation	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5
Self-Harming Trade Policy? Protectionism and Production Networks	5
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	5
IT and Urban Polarization	5
Does Unemployment Risk Affect Business Cycle Dynamics?	5
Land Misallocation and Productivity	5
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	4
Learning-through-Survey in Inflation Expectations	4
Income Differences, Productivity, and Input-Output Networks	4
Optimal Public Debt with Life Cycle Motives	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
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	4
Measuring Employer-to-Employer Reallocation	4
Bubbles, Crashes, and Economic Growth: Theory and Evidence	4
Optimal Bank Reserve Remuneration and Capital Control Policy	4
Estimating Macrofiscal Effects of Climate Shocks from Billions of Geospatial Weather Observations	4
‘Less Is More’: Consumer Spending and the Size of Economic Stimulus Payments	4
Firm Wages in a Frictional Labor Market	3
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	3
Reputation, Bailouts, and Interest Rate Spread Dynamics	3
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	3
Parallel Digital Currencies and Sticky Prices	3
Entrepôt: Hubs, Scale, and Trade Costs	3
The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?	3
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	3
Cyclical Attention to Saving	3
Scarred Consumption	3
Front Matter	3
Domestic Policies and Sovereign Default	3
The Dynamics of Development: Innovation and Reallocation	3
Sectoral Heterogeneity and Monetary Policy	3
Innovation-Led Transitions in Energy Supply	3
Hours, Occupations, and Gender Differences in Labor Market Outcomes	3
Optimal Fiscal and Monetary Policy with Distorting Taxes	3
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	3
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	3
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	3
The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare	3
Age Structure and the Impact of Monetary Policy	3