Journal of Monetary Economics

Papers
(The median citation count of Journal of Monetary Economics 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 2022-06-01 to 2026-06-01.)
ArticleCitations
Expectation-driven boom-bust cycles139
Editorial Board72
Sovereign CoCos and debt forgiveness67
Wealth Inequality and Endogenous Growth66
The natural rate of interest through a hall of mirrors63
The collateral link between volatility and risk sharing60
Central bank reputation with noise59
The timing of shocks matters in optimal monetary policy56
Rising earnings inequality and optimal income tax and social security policies54
Coordinating business cycles52
More than words: Fed Chairs’ communication during congressional testimonies47
Averaging impulse responses using prediction pools45
Shaping inequality and intergenerational persistence of poverty: Free college or better schools?44
Business cycle asymmetry and input-output structure: The role of firm-to-firm networks43
Revisiting the forecasts of others43
Wealth inequality dynamics in europe and the united states: Understanding the determinants42
FraNK: Fragmentation in the NK Model40
Comment on: Is it AI or data that drives market power?39
Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey37
Staffing agencies and in-house bargaining37
Learning and the capital age premium36
CBDC and the operational framework of monetary policy36
Heterogeneous innovations and growth under imperfect technology spillovers36
Joint search over the life cycle34
Editorial Board33
Editorial Board33
Is a fiscal union optimal for a monetary union?32
Lessons from history for successful disinflation32
Beyond the headline: How personal exposure to inflation shapes the financial choices of households31
The long and variable lags of monetary policy: Evidence from disaggregated price indices31
How does caste affect entrepreneurship? birth versus worth30
Threats to central bank independence: High-frequency identification with twitter29
Comment on “The long and variable lags of monetary policy: Evidence from disaggregated price indices” by S. Borağan Aruoba and Thomas Drechsel28
Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix28
The economics of helicopter money28
How to limit the spillover from an inflation surge to inflation expectations?28
Labor market effects of global supply chain disruptions27
Parameter learning in production economies27
A theory of net capital flows over the global financial cycle27
Discussion of “Homeownership segregation”26
Adverse selection and search congestion in over-the-counter markets25
Credit risk and the transmission of interest rate shocks25
Bubbly firm dynamics and aggregate fluctuations25
Inflation-stabilizing monetary and fiscal policy rules at and away from the lower bound25
Comment on “The impact of AI on global knowledge work” by Enrique Ide and Eduard Talamàs24
Credit cards, credit utilization, and consumption24
Stress relief? Funding structures and resilience to the covid shock24
Overconfidence in private information explains biases in professional forecasts24
Revisiting the monetary transmission mechanism through an industry-level differential approach23
Haste makes waste? Quantity-based subsidies under heterogeneous innovations23
Diminishing treasury convenience premiums: Effects of dealers’ excess demand and balance sheet constraints23
Asymmetric information and misaligned inflation expectations22
A new approach to integrating expectations into VAR models21
The long-run redistributive effects of monetary policy21
Information frictions among firms and households20
Committed to flexible fiscal rules20
Subjective housing price expectations, falling natural rates, and the optimal inflation target20
Local information and firm expectations about aggregates20
Editorial Board19
Barriers to black entrepreneurship: Implications for welfare and aggregate output over time19
Comment on “On Wars, Sanctions, and Sovereign Default” by Javier Bianchi and César Sosa-Padilla19
Globalization, structural change and international comovement19
Comments on unequal growth19
The unemployment–inflation trade-off revisited: The Phillips curve in COVID times19
Female entrepreneurship in the U.S. 1982–2012: Implications for welfare and aggregate output19
The crowding-in effects of local government debt in China18
The monetary financing of a large fiscal shock18
All that glitters: A theory of multiple bubbles with implications for cryptocurrencies17
A model of risk sharing in a dual labor market17
Comment on trade wars and industrial policy competitions: understanding the U.S.-China economic conflicts16
Unequal growth16
Let's face it: Quantifying the impact of nonverbal communication in FOMC press conferences16
Consumer inflation expectations: Daily dynamics16
Bond market stimulus: Firm-level evidence16
Occupational reallocation within and across firms: Implications for labor market polarization16
Wealth shocks and portfolio choice15
The international spillovers of synchronous monetary tightening15
Employment and the residential collateral channel of monetary policy15
The real effects of borrower-based macroprudential policy: Evidence from administrative household-level data15
Wage and earnings inequality between and within occupations: The role of labor supply15
Female entrepreneurship, financial frictions and capital misallocation in the US15
The liquidity channel of fiscal policy15
(Re-)Connecting inflation and the labor market: A tale of two curves15
The role of wage expectations in the labor market14
Skilled immigration frictions as a barrier for young firms14
Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data14
Firm dynamics and random search over the business cycle14
International tax competition with rising intangible capital and financial globalization13
Undisclosed material inflation risk13
Behavioral sticky prices13
Tariff wars, unemployment, and top incomes12
Optimal monetary policy with uncertain private sector foresight12
Motivating banks to lend? Credit spillover effects of the Main Street Lending Program12
A natural level of capital flows12
Comment on: “Occupational reallocation within and across firms: Implications for labor-market polarization” By T. Mukoyama, N. Takayama, and S. Tanaka12
The macroeconomic consequences of subsistence self-employment12
An options-based impact study of the negative interest rate policy and forward guidance12
Learning about labor markets12
Sovereign risk and Dutch disease12
Editorial Board12
The consumption expenditure response to unemployment: Evidence from Norwegian households12
Discussion of a North–South model of structural change and growth” by Aristizabal Ramirez, Leahy, and Tesar11
Monetary policy and the persistent aggregate effects of wealth redistribution11
Oil price fluctuations, US banks, and macroprudential policy11
Editorial Board11
What matters in households’ inflation expectations?11
Editorial Board11
Make-up strategies with finite planning horizons but infinitely forward-looking asset prices11
Understanding post-COVID inflation dynamics10
Uncertainty, imperfect information, and expectation formation over the firm’s life cycle10
Editorial Board10
Editorial Board10
The alpha beta gamma of the labor market10
Long-lived employment effects of delays in emergency financing for small businesses10
On wars, sanctions, and sovereign default10
The economic effects of firm-level uncertainty: Evidence using subjective expectations10
Contagion in debt and collateral markets10
Comment on: “Optimal Taxation of Multinational Enterprises: A Ramsey Approach”, by Sebastian Dyrda, Guangbin Hong, and Joseph B. Steinberg10
A research program on monetary policy for Europe9
Biased expectations and labor market outcomes: Evidence from German survey data and implications for the East–West wage gap9
Cross-sectional financial conditions, business cycles and the lending channel9
Understanding the international rise and fall of inflation since 20209
Information management in times of crisis9
Government debt and risk premia9
State dependence of fiscal multipliers: the source of fluctuations matters9
The Geography of job creation and job destruction9
Long-lag VARs9
Unusual shocks in our usual models9
Predicting the demand for central bank digital currency: A structural analysis with survey data8
Neural network learning for nonlinear economies8
Who bears the costs of inflation? Euro area households and the 2021–2023 shock8
Abrupt monetary policy change and unanchoring of inflation expectations8
Inefficient international risk-sharing8
Editorial Board8
Climate change and the macroeconomics of bank capital regulation8
Relative-price changes as aggregate supply shocks revisited: Theory and evidence8
Negative nominal interest rates and monetary policy8
A comment on: Globalization, trade imbalances and inequality8
Globalization, trade imbalances and inequality8
Trade and diffusion of embodied technology: an empirical analysis8
Inflation at risk7
Dispersed information, nominal rigidities and monetary business cycles: A Hayekian perspective7
Unstable prosperity: How globalization made the world economy more volatile7
Duopolistic competition and monetary policy7
Comment on “Rigid production networks” by Pellet and Tahbaz-Salehi7
A new approach to assess inflation expectations anchoring using strategic surveys7
Firm idiosyncratic risk and productivity investment: Macroeconomic implications7
A global perspective on post pandemic inflation and its retreat: Remarks prepared for NBER conference on “inflation in the COVID era”7
Is it AI or data that drives firm market power?7
Sinking ships: Liquidity constraints and return predictability in recessions7
Macroprudential policy with earnings-based borrowing constraints6
A north-south model of structural change and growth6
Mortgage choice and inflation experiences in the Eurozone6
Artificial intelligence and technological unemployment6
Rigid production networks6
Spread too thin: The impact of lean inventories6
Comment on: “International tax competition with rising intangible capital and financial globalization” by Vincenzo Quadrini and José-Victor Ríos-Rull6
Editorial Board5
Inflation disasters and consumption5
Comments on “Income differences and health disparities: Roles of preventive vs. curative medicine” by Serdar Ozkan5
Wage growth and labor market tightness5
What is the source of the intergenerational correlation in earnings?5
State-level economic policy uncertainty5
The chronology of Brexit and UK monetary policy5
Decrypting new age international capital flows5
Comments on “Wealth inequality dynamics in Europe and the United States: Understanding the determinants” by Blanchet and Martínez-Toledano5
Myopic fiscal objectives and long-Run monetary efficiency5
A model of retail banking and the deposits channel of monetary policy5
Competition and the Phillips curve5
Optimal normalization policy under behavioral expectations5
Measuring monetary policy in the UK: The UK monetary policy event-study database5
Heterogeneous job ladders5
Euro area monetary policy effects. Does the shape of the yield curve matter?5
Editorial Board4
Cyclicality of uncertainty and disagreement4
The underemployment trap4
Optimal trend inflation in an open economy4
Editorial Board4
The Credit Channel of Public Procurement4
Biased surveys4
Editorial Board4
How does the fed affect corporate credit costs? Default risk, creditor segmentation and the post-FOMC drift4
Discussion of “Heterogeneous Job Ladders”4
Same actions, different effects: The conditionality of monetary policy instruments4
International trade and macroeconomic dynamics with sanctions4
A plucking model of business cycles4
Hedge funds and the Treasury cash-futures basis trade4
Forecast revisions as instruments for news shocks3
Editorial Board3
Credit constraints and firms’ decisions: Lessons from the COVID-19 outbreak3
Blended identification in structural VARs3
Introduction to the 100th Carnegie-Rochester-New York University Conference on Public Policy Volume3
Editorial Board3
Inequality and asset prices during Sudden Stops3
Earnings growth, job flows and churn3
Editorial Board3
Income differences and health disparities: Roles of preventive vs. curative medicine3
Monetary policy, firm heterogeneity, and the distribution of investment rates3
What is the source of the intergenerational correlation in earnings? A comment3
Editorial Board3
Optimal taxation of multinational enterprises: A Ramsey approach3
Robot adoption and inflation dynamics3
Explicit consumption functions with borrowing constraints: A continuous-time approach3
Life-cycle worker flows and cross-country differences in aggregate employment3
Natural gas and the macroeconomy: Not all energy shocks are alike3
Endogenous uncertainty and the macroeconomic impact of shocks to inflation expectations3
Editorial Board3
Staggered contracts and unemployment during recessions2
AI and task efficiency2
Dynamic macroeconomic implications of immigration2
A theory of fear of floating2
Quantifying the allocative efficiency of capital: The role of capital utilization2
Perceived FOMC: The making of hawks, doves and swingers2
Austerity and distributional policy2
Comment on the alpha beta gamma of the labor market2
“Fencing off silicon valley: Cross-border venture capital and technology spillovers”2
Dynamic information aggregation: Learning from the past2
The emergence of procyclical fertility: The role of breadwinner women2
Tokenomics: Optimal monetary and fee policies2
Discussion of “Understanding the international rise and fall of inflation since 2020”2
Consumer demand and credit supply as barriers to growth for Black-owned startups2
Discussion of “Who bears the costs of inflation? Euro area households and the 2021–2022 shock”2
Why do rational investors like variance at the peak of a crisis? A learning-based explanation2
Editorial Board2
A choice-based approach to the measurement of inflation expectations2
Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data2
The inflation expectations of U.S. firms: Evidence from a new survey2
Elasticity of substitution between robots and workers: Theory and evidence from Japanese robot price data2
Dissecting the great retirement boom2
The impact of AI on global knowledge work2
Editorial Board2
The rise of AI pricing: Trends, driving forces, and implications for firm performance2
Estimating the Fed’s unconventional policy shocks2
A model of expenditure shocks2
Editorial Board2
Style over substance? Advertising, innovation, and endogenous market structure2
Wage employment, unemployment and self-employment across countries2
Do firm expectations respond to monetary policy announcements?2
0.31974315643311