Journal of Monetary Economics

Article	Citations
Editorial Board	207
The collateral link between volatility and risk sharing	197
Expectation-driven boom-bust cycles	116
Wealth Inequality and Endogenous Growth	84
Capital and income inequality: An aggregate-demand complementarity	72
Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey	69
Sovereign CoCos and debt forgiveness	66
Business cycle asymmetry and input-output structure: The role of firm-to-firm networks	64
Averaging impulse responses using prediction pools	62
More than words: Fed Chairs’ communication during congressional testimonies	61
Shaping inequality and intergenerational persistence of poverty: Free college or better schools?	56
Rising earnings inequality and optimal income tax and social security policies	56
Wealth inequality dynamics in europe and the united states: Understanding the determinants	56
Editorial Board	53
CBDC and the operational framework of monetary policy	47
The long and variable lags of monetary policy: Evidence from disaggregated price indices	47
How to limit the spillover from an inflation surge to inflation expectations?	45
Learning and the capital age premium	45
How does caste affect entrepreneurship? birth versus worth	44
Is a fiscal union optimal for a monetary union?	43
Lessons from history for successful disinflation	43
Beyond the headline: How personal exposure to inflation shapes the financial choices of households	42
Monetary policy surprises and their transmission through term premia and expected interest rates	42
Threats to central bank independence: High-frequency identification with twitter	41
Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix	39

Editorial Board	38
Joint search over the life cycle	35
Comment on “The long and variable lags of monetary policy: Evidence from disaggregated price indices” by S. Borağan Aruoba and Thomas Drechsel	34
Asset price beliefs and optimal monetary policy	33
Bubbly firm dynamics and aggregate fluctuations	33
Stress relief? Funding structures and resilience to the covid shock	32
Parameter learning in production economies	32
Discussion of “Homeownership segregation”	32
A theory of net capital flows over the global financial cycle	30
Adverse selection and search congestion in over-the-counter markets	29
Credit risk and the transmission of interest rate shocks	29
Haste makes waste? Quantity-based subsidies under heterogeneous innovations	29
The economics of helicopter money	28
Revisiting the monetary transmission mechanism through an industry-level differential approach	26
Credit cards, credit utilization, and consumption	26
Loan types and the bank lending channel	25
Deep learning for solving dynamic economic models.	25
Are IMF rescue packages effective? A synthetic control analysis of macroeconomic crises	25
Labor market effects of global supply chain disruptions	25
Subjective housing price expectations, falling natural rates, and the optimal inflation target	24
Asymmetric information and misaligned inflation expectations	23
Diminishing treasury convenience premiums: Effects of dealers’ excess demand and balance sheet constraints	22
The long-run redistributive effects of monetary policy	22
Local information and firm expectations about aggregates	21
Information frictions among firms and households	21
A new approach to integrating expectations into VAR models	21
Committed to flexible fiscal rules	21
Discussion of: “Central bank challenges posed by uncertain climate change and natural disasters” by Lars Peter Hansen	20
Editorial Board	20
The unbearable lightness of equilibria in a low interest rate environment	19
Female entrepreneurship in the U.S. 1982–2012: Implications for welfare and aggregate output	19
Comments on unequal growth	19
The monetary financing of a large fiscal shock	18
The unemployment–inflation trade-off revisited: The Phillips curve in COVID times	18
Globalization, structural change and international comovement	18
Barriers to black entrepreneurship: Implications for welfare and aggregate output over time	18
Comment on “On Wars, Sanctions, and Sovereign Default” by Javier Bianchi and César Sosa-Padilla	18
Demographics and the evolution of global imbalances	18
Bond market stimulus: Firm-level evidence	17
A model of risk sharing in a dual labor market	17
Comment on trade wars and industrial policy competitions: understanding the U.S.-China economic conflicts	17
Unequal growth	17
The macroeconomics of automation: Data, theory, and policy analysis	17
Wealth shocks and portfolio choice	17
Consumer inflation expectations: Daily dynamics	16
All that glitters: A theory of multiple bubbles with implications for cryptocurrencies	15
The liquidity channel of fiscal policy	15
The real effects of borrower-based macroprudential policy: Evidence from administrative household-level data	15
Employment and the residential collateral channel of monetary policy	14
Undisclosed material inflation risk	14

Wage and earnings inequality between and within occupations: The role of labor supply	14
Let's face it: Quantifying the impact of nonverbal communication in FOMC press conferences	14
Editorial Board	14
Occupational reallocation within and across firms: Implications for labor market polarization	14
Female entrepreneurship, financial frictions and capital misallocation in the US	14
Editorial Board	14
The international spillovers of synchronous monetary tightening	13
Editorial Board	13
Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data	13
Tariff wars, unemployment, and top incomes	13
International tax competition with rising intangible capital and financial globalization	13
Central banking challenges posed by uncertain climate change and natural disasters	13
(Re-)Connecting inflation and the labor market: A tale of two curves	13
Skilled immigration frictions as a barrier for young firms	13
The macroeconomic consequences of subsistence self-employment	12
Sovereign risk and Dutch disease	12
What matters in households’ inflation expectations?	12
The consumption expenditure response to unemployment: Evidence from Norwegian households	12
Quantitative easing with heterogeneous agents	12
An options-based impact study of the negative interest rate policy and forward guidance	12
Comment on: “Occupational reallocation within and across firms: Implications for labor-market polarization” By T. Mukoyama, N. Takayama, and S. Tanaka	12
Learning about labor markets	12
A natural level of capital flows	12
Make-up strategies with finite planning horizons but infinitely forward-looking asset prices	12
Monetary policy and the persistent aggregate effects of wealth redistribution	12
Investment externalities in models of fire sales	11
Editorial Board	11
Uncertainty, imperfect information, and expectation formation over the firm’s life cycle	11
Editorial Board	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
Optimal monetary policy and disclosure with an informationally-constrained central banker	10
Why have interest rates fallen far below the return on capital?	10
Contagion in debt and collateral markets	10
Understanding post-COVID inflation dynamics	10
Central bank communication with non-experts – A road to nowhere?	10
Price selection	9
Will the AI revolution cause a great divergence?	9
Editorial Board	9
Long-lived employment effects of delays in emergency financing for small businesses	9
Information management in times of crisis	9
Editorial Board	9
The alpha beta gamma of the labor market	9
Does fiscal policy matter for stock-bond return correlation?	9
Comment on: “Optimal Taxation of Multinational Enterprises: A Ramsey Approach”, by Sebastian Dyrda, Guangbin Hong, and Joseph B. Steinberg	9
Comment on “central bank policy and the concentration of risk: Empirical estimates” by Nuno Coimbra, Daisoon Kim and Hélène Rey	8
Cross-sectional financial conditions, business cycles and the lending channel	8
Government debt and risk premia	8
Economic theories and macroeconomic reality	8
Unusual shocks in our usual models	8
On wars, sanctions, and sovereign default	8
The importance of technology in banking during a crisis	8
Understanding the international rise and fall of inflation since 2020	7
Editorial Board	7
Who bears the costs of inflation? Euro area households and the 2021–2023 shock	7
Taylor rule estimation by OLS	7
Globalization, trade imbalances and inequality	7
Predicting the demand for central bank digital currency: A structural analysis with survey data	7
Trade and diffusion of embodied technology: an empirical analysis	7
Negative nominal interest rates and monetary policy	7
A research program on monetary policy for Europe	7
A comment on: Globalization, trade imbalances and inequality	7
State dependence of fiscal multipliers: the source of fluctuations matters	7
Abrupt monetary policy change and unanchoring of inflation expectations	7
Comments on “Fiscal and monetary stabilization policy at the zero lower bound: Consequences of limited foresight” by Woodford and Xie	6
Sinking ships: Liquidity constraints and return predictability in recessions	6
Duopolistic competition and monetary policy	6
Neural network learning for nonlinear economies	6
Comment on “Rigid production networks” by Pellet and Tahbaz-Salehi	6
No firm is an island? How industry conditions shape firms’ expectations	6
JME Best Paper Prize 2020	6
Wealth redistribution in bubbles and crashes	6
Relative-price changes as aggregate supply shocks revisited: Theory and evidence	6
A global perspective on post pandemic inflation and its retreat: Remarks prepared for NBER conference on “inflation in the COVID era”	6
A new approach to assess inflation expectations anchoring using strategic surveys	6
Comment on: “International tax competition with rising intangible capital and financial globalization” by Vincenzo Quadrini and José-Victor Ríos-Rull	6
Inefficient international risk-sharing	6
Inflation at risk	6
Market segmentation and spending multipliers	6
Inflation disasters and consumption	5

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