Macroeconomic Dynamics

Article	Citations
A NOTE ON POPULATION AGING AND EFFECTIVENESS OF FISCAL POLICY	14
Whatever it takes to save the planet? Central banks and unconventional green policy	13
Government investment fiscal multipliers: evidence from Euro-area countries	11
Co-integration with score-driven models: an application to US real GDP growth, US inflation rate, and effective federal funds rate	10
Financial shocks and inflation dynamics	8
Is there a national housing market bubble brewing in the United States?	7
Has international CPI inflation comovement strengthened since the global financial crisis?	6
SOCIAL SECURITY AND LONGEVITY RISK: THE CASE OF RISKY BEQUEST INCOME	6
ARTIFICIAL INTELLIGENCE AND HUMAN JOBS	6
Quantifying spillovers of coordinated investment stimulus in the EU	6
What Accounts for the German Labor Market Miracle? A Structural VAR Approach	6
AUTOMATION, PARTIAL AND FULL	6
CREDIT CARDS, THE DEMAND FOR MONEY, AND MONETARY AGGREGATION	6
On the effects of taxation on growth: an empirical assessment	6
ANTICIPATED FUTURE CONSUMPTION IN AN ENDOGENOUS GROWTH MODEL	5
Are the Forecasts of Professionals Compatible with the Taylor Rule? Evidence from the Euro Area	5
Countercyclical capital regulation in a small open economy DSGE model	5
A view from outside: sovereign CDS volatility as an indicator of economic uncertainty	4
FERTILITY, HUMAN CAPITAL, AND INCOME: THE EFFECTS OF CHINA’S ONE-CHILD POLICY	4
Transitional dynamics of the saving rate and economic growth	4
UK household-sector money demand and Divisia monetary aggregates in the new millennium	4
Human capital and pensions with endogenous fertility and retirement	4
FISCAL POLICY CHANGES AND LABOR MARKET DYNAMICS IN JAPAN’S LOST DECADE	4
POPULATION AGING AND INVENTIVE ACTIVITY	4
Pension Reforms, Population Aging, and Retirement Decision of the Elderly in a Neoclassical Growth Model	4

MISALLOCATION OF RESOURCES, TOTAL FACTOR PRODUCTIVITY, AND THE CLEANSING HYPOTHESIS	4
Non-Gaussian score-driven conditionally heteroskedastic models with a macroeconomic application	3
OPTIMAL TARIFFS IN A TWO-COUNTRY R&D-BASED GROWTH MODEL	3
From Neolithic Revolution to industrialization	3
Sectoral labor mobility and optimal monetary policy	3
Should wages be subsidized in a pandemic?	3
PHYSICAL CAPITAL, HUMAN CAPITAL, AND THE HEALTH EFFECTS OF POLLUTION IN AN OLG MODEL	3
Tax evasion and optimal corporate income tax rates in a growing economy	3
Financing the low-carbon transition: the impact of financial frictions on clean investment	2
Incomplete Exchange Rate Pass-through and International Monetary Policy Cooperation	2
Health risk and the welfare effects of Social Security	2
Monetary policy announcements, consumers’ inflation expectations, and readiness to spend	2
The effect of central bank credibility on forward guidance in an estimated New Keynesian model	2
An unobserved components model of total factor productivity and the relative price of investment	2
Estimating the FOMC’s interest rate rule with variable selection and partial regime switching	2
The race between offshoring and automation in explaining wage polarization	2
Relative consumption, relative wealth, and long-run growth: when and why is the standard analysis prone to incorrect conclusions?	2
A SUGGESTION FOR A DYNAMIC MULTIFACTOR MODEL (DMFM)	2
A note on infectious disease, economic growth, and related government policy	2
RAMSEY OPTIMAL POLICY IN THE NEW-KEYNESIAN MODEL WITH PUBLIC DEBT	2
TAX RULES TO PREVENT EXPECTATIONS-DRIVEN LIQUIDITY TRAPS	2
Measuring International Uncertainty Using Global Vector Autoregressions with Drifting Parameters	2
INFLATION TARGETING UNDER INFLATION UNCERTAINTY—MULTI-ECONOMY EVIDENCE FROM A STOCHASTIC VOLATILITY MODEL	2
Public Consumption Multipliers in Slack and Good Periods: Evidence From the Euro Area	2
Recovery from economic disasters	2
Okay boomer… Excess money growth, inflation, and population aging	2
Difficulties in finding middle-skilled jobs under increased automation	2
The Financial Accelerator in the Euro Area: New Evidence Using a Mixture VAR Model	2
The elastic origins of tail asymmetry	2
Automation, productivity, and innovation in information technology	2
Optimal capital taxation in an economy with innovation-driven growth	2
Is the Hamilton regression filter really superior to Hodrick–Prescott detrending?	2
Central bank credibility and inflation expectations: a microfounded forecasting approach	2
GROWTH AND CONVERGENCE THROUGH TECHNOLOGICAL INTERDEPENDENCE	2
WITHDRAWN - GLOBAL BANK RISK AND MONETARY POLICY IN AN EMERGING ECONOMY	2
The Stabilizing Effects of Publishing Strategic Central Bank Projections	2
Should the government subsidize innovation or automation?	2
Inequality over the business cycle: the role of distributive shocks	2
A Note on nonconvex adjustment costs in lumpy investment models: Mean versus variance	1
The more, the better? Forecasting gains from high-frequency housing prices in a Markov-switching dynamic factor model	1
Aggregate elasticity of substitution between skills: estimates from a macroeconomic approach	1
The great lockdown: information, noise, and macroeconomic fluctuations	1
Presidents, Fed chairs, and the deviations from the Taylor rule	1
Extension of unemployment benefits and changes in job search margins	1
“TIME-RELEASE” OUTPUT RESPONSES TO PUBLIC EDUCATION EXPENDITURES	1
Mortgage debt and time-varying monetary policy transmission	1
Equilibrium dynamics in a model of growth and spatial agglomeration	1
Income taxation and job creation	1
Financial shocks and the relative dynamics of tangible and intangible investment: Evidence from the euro area	1
Solving heterogeneous-belief asset pricing models with short-selling constraints and many agents	1

Inter-industry trade and business cycle dynamics	1
The consequences of US technology changes for productivity in advanced economies	1
Structural breaks in seemingly unrelated regression models	1
DATA REDUCTION BY THE HAAR FUNCTION: A CASE STUDY OF THE PHILLIPS CURVE	1
CONSUMERS’ UPDATING, POLICY SHOCKS, AND PUBLIC DEBT: AN EMPIRICAL ASSESSMENT OF STATE DEPENDENCIES	1
A note on international spillovers of economic policy uncertainty across business cycles: evidence from OECD countries	1
Drivers of inflation convergence across countries: the role of standard gravity variables	1
The macroeconomic effects of the tax cuts and jobs act	1
Severity reduction and private market distortion effects of voluntary and mandatory public annuity plans	1
How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies	1
LABOR MARKET DYNAMICS UNDER TECHNOLOGY SHOCKS: THE ROLE OF SUBSISTENCE CONSUMPTION	1
Sectoral employment effects of state fiscal relief: evidence from the Great Recession	1
Better understanding how uncertainty impacts the economy: Insights from internet search data on the importance of disaggregation	1
GENETIC, CULTURAL, AND HISTORICAL DETERMINANTS OF KNOWLEDGE CREATION	1
Monetary policy and economic fluctuations	1
GLOBAL BANK RISK AND MONETARY POLICY IN AN EMERGING ECONOMY	1
Creative destruction, human capital accumulation, and growth in a digital economy	1
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions	1
Financial or non-financial shocks: rivals that play together	1
A Note on the Neo-Fisher Effect in the New Keynesian Model	1
Vintage article: the effect of monetary policy shocks in the UK: an external instruments approach	1
ON PRICE DYNAMICS WITH SEARCH AND BARGAINING IN THE PRODUCT MARKET	1
Monetary policy in advanced and emerging economies	1
Financial openness, bank capital flows, and the effectiveness of macroprudential policies	1
CHILDREN’S LEARNING ENVIRONMENT AND GROWTH-PROMOTING INCOME REDISTRIBUTION	1
Social Security safety net with rare event risk	1
A NOTE ON THE ANNUITY ROLE OF ESTATE TAX	1
Automation, job reallocation, occupational choice, and related government policy	0
Bankruptcy costs, idiosyncratic risk, and long-run growth	0
Conspicuous leisure, time allocation, and obesity Kuznets curves	0
The Gold Standard and the international dimension of the Great Depression	0
Fiscal policy and the twin deficits: structural changes matter	0
Smells like animal spirits: the sensitivity of corporate investment to sentiment	0
Untimely destruction: pestilence, war, and accumulation in the long run	0
On Mexican poverty-trap regimes and struggling to escape them	0
Size-dependent financial frictions, capital misallocation, and aggregate productivity	0
Government spending multipliers with the Real Cost channel – ERRATUM	0
The cost-of-living index in a cash and credit goods economy	0
Technical change, task reallocation, and wage inequality	0
Is the working capital channel of the monetary policy quantitatively relevant? A structural estimation approach	0
MDY volume 25 issue 4 Cover and Back matter	0
A note on variable markup, knowledge spillover, and multiple steady states in the variety expansion model	0
NEWS SHOCKS AND THE EFFECTS OF MONETARY POLICY	0
On boom-bust stock market dynamics, animal spirits, and the destabilizing nature of temporarily attracting virtual fixed points	0
Undesired monetary policy effects in a bubbly world	0
The effects of public sector employment on household savings and labor supply	0
Asymmetries in the oil market: accounting for the growing role of China through quantile regressions	0
The plague, the skill-premium, and the road to modern economic growth	0
MDY volume 26 issue 1 Cover and Front matter	0
Economic resilience and the dynamics of capital stock	0
MDY volume 26 issue 4 Cover and Front matter	0
MDY volume 26 issue 1 Cover and Back matter	0
MDY volume 26 issue 7 Cover and Front matter	0
MDY volume 25 issue 1 Cover and Back matter	0
IMMIGRATION, ENDOGENOUS SKILL BIAS OF TECHNOLOGICAL CHANGE, AND WELFARE ANALYSIS	0
Homeownership rates, housing policies, and co-residence decisions	0
Implementing the commitment solution via discretionary policy-making	0
The economic effects of government spending: using expectations data to control for information	0
MDY volume 25 issue 2 Cover and Back matter	0
Currency substitution as an automatic stabilizer	0
Three liquid assets	0
The anatomy of government bond yields synchronization in the Eurozone	0
Monetary policy and welfare in a currency union	0
MDY volume 25 issue 6 Cover and Back matter	0
A note on contraception, social norms, and growth	0
Endogenous uncertainty and monetary policy	0
MDY volume 26 issue 7 Cover and Back matter	0
JOB DURATION AND HISTORY-DEPENDENT UNEMPLOYMENT INSURANCE	0
Housing choices and their implications for consumption heterogeneity	0
Short-run fluctuations and long-run growth with recursive preferences	0
MDY volume 26 issue 5 Cover and Front matter	0
DEPENDENCE STRUCTURE BETWEEN MONEY AND ECONOMIC ACTIVITY: A MARKOV-SWITCHING COPULA VEC APPROACH	0
Cycles and their important shocks: completing the investigation	0
The municipal government channel of monetary policy	0
THE DIFFUSION OF ECONOMIC ACTIVITY ACROSS SPACE: A NEW APPROACH	0
Money demand by firms, labor market frictions, and optimal long-run inflation	0
Costly enforcement in credit economies	0
INTRODUCTION TO CURRENT ISSUES IN APPLIED MACROECONOMICS	0
Price-level determinacy and monetary policy in a model with money and trend inflation	0
MDY volume 24 issue 7 Cover and Front matter	0

Optimal fiscal policy in small open economies with habit persistence	0
MDY volume 26 issue 3 Cover and Back matter	0
Optimal unemployment insurance with behavioral agents	0
Fiscal policy and inequality in middle- and high-income countries: redistributive effects of tax and spending shocks	0
House prices and rents: a reappraisal	0
Monetary policy and housing market cycles	0
Love of novelty: a source of innovation-based growth… or underdevelopment traps?	0
Negative income tax and universal basic income in the eyes of Aiyagari	0
Endogenous innovation scale and patent policy in a monetary schumpeterian growth model	0
Teenage childbearing and the welfare state	0
Lending standards, productivity, and credit crunches	0
Income sources, cyclical behaviors of fiscal policy, and welfare conflict	0
MDY volume 25 issue 2 Cover and Front matter	0
Income tax reductions in production networks	0
Unionization, industry concentration, and economic growth	0
Government spending multipliers with the Real Cost channel	0
Estimating sentiment and risk in a consumption model: a factor analysis approach	0
Unconventional policy instruments in the New Keynesian model	0
Uncertainty shocks and monetary policy rules in a small open economy	0
MDY volume 24 issue 8 Cover and Back matter	0
The rise and fall of armies	0
Temporary prosperity or sustainable development: the long-run impact of developing pollution-intensive industries	0
R&D finance and economic growth: a Schumpeterian model with endogenous financial structures	0
MDY volume 25 issue 8 Cover and Front matter	0
Simple mandates, monetary rules, and trend-inflation	0
IS BIGGER MORE EFFECTIVE? SHOCK SIZE AND THE EFFICACY OF MONETARY POLICY	0
Do business cycles result from stochastic shocks?	0
MDY volume 26 issue 6 Cover and Front matter	0
Demographics and FDI: lessons from China’s one-child policy	0
MDY volume 25 issue 5 Cover and Back matter	0
MDY volume 26 issue 8 Cover and Back matter	0
Stock market alphas help predict macroeconomic innovations	0
IMF lending in sovereign default	0
Energy and international business cycles	0
INCOME DISTRIBUTION BY AGE GROUP AND PRODUCTIVE BUBBLES	0
Time-varying volatility and the housing market	0
Large excess reserves, central bank digital currency, and monetary policy	0
MDY volume 26 issue 2 Cover and Front matter	0
The optimal distribution of insured and uninsured deposits across banks	0
MDY volume 26 issue 2 Cover and Back matter	0
New evidence on US monetary policy activism and the Taylor rule	0
Sectorial economic activity and Divisia monetary aggregates	0
MDY volume 25 issue 3 Cover and Front matter	0
MDY volume 26 issue 6 Cover and Back matter	0
How does trade policy uncertainty affect firms’ pollution emissions? Theory and evidence from China	0
Asymmetric effects of news through uncertainty	0
A quantitative general equilibrium approach to migration, remittances, and brain drain	0
ALTERNATIVE MONETARY POLICIES UNDER KEYNESIAN ANIMAL SPIRITS	0
Money growth and inflation in the Euro Area, UK, and USA: measurement issues and recent results	0
Monetary policy transmission in China: dual shocks with dual bond markets	0
On the decline in the magnitude of the expenditure multiplier	0
Optimal taxes and basic income during an episode of automation: a worker’s perspective	0
MDY volume 24 issue 7 Cover and Back matter	0
Household debt and economic growth in Europe	0
Aggregate effects of firing costs with endogenous firm productivity growth	0
Nonseparability of credit card services within Divisia monetary aggregates	0
Wealth and Consumption After Job Displacement	0
The credit-augmented Divisia aggregates and the monetary business cycle	0
Adjustments of factor income tax rates and aggregate (in)stability	0
Inflation-linked bonds in incomplete markets with sunspots	0
Industry clusters and macroeconomic (in)stability	0
Macro-financial imbalances and cyclical systemic risk dynamics: understanding the factors driving the financial cycle in the presence of non-linearities	0
MDY volume 26 issue 3 Cover and Front matter	0
A guide to estimating the canonical income process in quasidifferences	0
Linear quadratic approximation of rationally inattentive control problems	0
HOUSING WEALTH REALLOCATION BETWEEN SUBPRIME AND PRIME BORROWERS DURING RECESSIONS	0
Expectation formation and the Phillips curve revisited	0
A Note on Learning, House Prices, and Macro-Financial Linkages	0
A note on the neutrality of interest rates	0
Aggregate health shock and retirement decision	0
MDY volume 25 issue 1 Cover and Front matter	0
Coordination frictions and economic growth	0
Government debt and fiscal multipliers in the era of population aging	0
MDY volume 25 issue 8 Cover and Back matter	0
The time-varying and volatile macroeconomic effects of immigration	0
Land-price dynamics and macroeconomic fluctuations with general household preferences	0
Coordination in price setting and the zero lower bound: a global games approach	0
Alternative monetary policies and wealth and income inequality: the monetary instrument problem revisited	0
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions – CORRIGENDUM	0
A sectoral approach to measuring output gap: Evidence from 20 US Sectors over 1948−2020	0
MDY volume 26 issue 8 Cover and Front matter	0
Accounting for Mexican business cycles	0
Credit market developments and sectoral business cycles worldwide	0
MONETARY REGIMES, MONEY SUPPLY, AND THE USA BUSINESS CYCLE SINCE 1959: IMPLICATIONS FOR MONETARY POLICY TODAY	0
THE ROLE OF LABOR MARKET FRICTIONS IN STRUCTURAL TRANSFORMATION	0
Firms’ Employment Dynamics and the State of the Labor Market	0
Government size and the effectiveness of fiscal policy: the bigger the better?	0
Optimal fiscal policy under capital overaccumulation	0
MDY volume 25 issue 7 Cover and Front matter	0
MDY volume 26 issue 4 Cover and Back matter	0
EQUILIBRIUM INDETERMINACY, ENDOGENOUS ENTRY AND EXIT, AND INCREASING RETURNS TO SPECIALIZATION	0
A model of endogenous education quality: the role of teachers	0
MDY volume 25 issue 5 Cover and Front matter	0
Interactive effects between input and output technical inefficiencies	0
Disequilibrium propagation of quantity constraints: application to the COVID lockdowns	0