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 2022-08-01 to 2026-08-01.)

Article	Citations
Learning about Debt Crises	223
Anatomy of the Greek Depression with Firm-Level Data: The Importance of Demand Shocks	104
The Intensive Margin in Trade: How Big and How Important?	64
Severe Weather and the Macroeconomy	42
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	38
Uncertainty Shocks, Adjustment Costs, and Firm Beliefs: Evidence from a Representative Survey	35
Front Matter	32
Mind the Gap! Stylized Dynamic Facts and Structural Models	29
Accounting for Wealth Concentration in the United States	26
Temporary Layoffs, Firm Entry and Exit Dynamics, and Aggregate Fluctuations	22
Assessing the Gains from E-Commerce	21
University Research and the Market for Higher Education	21
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	20
The Elasticity of Aggregate Output with Respect to Capital and Labor	20
Enemies of the People	19
Front Matter	19
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	17
Collective Moral Hazard and the Interbank Market	17
Misallocation in Indian Agriculture	16
An Analytical Model of Behavior and Policy in an Epidemic	16
Distortions and the Structure of the World Economy	15
Expecting Floods: Firm Entry, Employment, and Aggregate Implications	15
Automation, Bargaining Power, and Labor Market Fluctuations	15
Deciphering Federal Reserve Communication via Text Analysis of Alternative FOMC Statements	14
Time for Growth	14

Information Dynamics and Macro Fluctuations	13
Firms’ Precautionary Savings and Employment during a Credit Crisis	13
Women, Wealth Effects, and Slow Recoveries	13
Partial Specialization and Heterogeneous Task Assignments	13
Estimating Hysteresis Effects	13
Real Exchange Rates and Endogenous Productivity	12
Uncertainty and Information Acquisition: Evidence from Firms and Households	12
Local Ties in Spatial Equilibrium	12
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	12
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	12
Import Liberalization as Export Destruction? Evidence from the United States	11
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	10
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets	10
World Productivity: 1996–2014	10
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	10
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information	10
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	10
GDP-B: Accounting for the Value of New and Free Goods	9
A Unified Model of Learning to Forecast	9
TFPR: Dispersion and Cyclicality	9
International Friends and Enemies	9
Selection, Structural Transformation, and the Cost Disease of Services	9
US Treasury Auctions: A High-Frequency Identification of Supply Shocks	8
Asymmetric Effects of Monetary Policy in Regional Housing Markets	8
Family Heterogeneity, Human Capital Investment, and College Attainment	8
The Aggregate-Demand Doom Loop: Precautionary Motives and the Welfare Costs of Sovereign Risk	8
Shocks and Exchange Rates in Small Open Economies	8
News Shocks under Financial Frictions	8
Trade, Value Added, and Productivity Linkages: A Quantitative Analysis	7
Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence	7
A Simple Explanation of Countercyclical Uncertainty	7
Short-Term Planning, Monetary Policy, and Macroeconomic Persistence	7
Inequality, Taxation, and Sovereign Default Risk	7
Not a Typical Firm: Capital–Labor Substitution and Firms' Labor Shares	7
Efficient Consolidation of Incentives for Education and Retirement Savings	6
The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics	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 of Niche Consumption	6
Adverse Selection Dynamics in Privately Produced Safe Debt Markets	6
Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks	6
Bank Risk-Taking, Credit Allocation, and Monetary Policy Transmission: Evidence from China	6
Housing Constraints and Spatial Misallocation: Comment	6
A Congestion Theory of Unemployment Fluctuations	6
Does Unemployment Risk Affect Business Cycle Dynamics?	5
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	5
Bubbles, Crashes, and Economic Growth: Theory and Evidence	5
IT and Urban Polarization	5
Ambiguity Aversion and Heterogeneity in Households’ Beliefs	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5

Land Misallocation and Productivity	5
Self-Harming Trade Policy? Protectionism and Production Networks	5
Mis-specified Forecasts and Myopia in an Estimated New Keynesian Model	5
Population Aging and Structural Transformation	5
Estimating Macrofiscal Effects of Climate Shocks from Billions of Geospatial Weather Observations	4
The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare	4
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	4
Optimal Public Debt with Life Cycle Motives	4
Optimal Bank Reserve Remuneration and Capital Control Policy	4
Measuring Employer-to-Employer Reallocation	4
The Economic Consequences of Effective Carbon Taxes	4
Parallel Digital Currencies and Sticky Prices	4
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	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
Domestic Policies and Sovereign Default	4
Front Matter	4
Learning-through-Survey in Inflation Expectations	4
‘Less Is More’: Consumer Spending and the Size of Economic Stimulus Payments	4
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	3
Front Matter	3
Disagreement about Monetary Policy	3
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	3
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	3
Age Structure and the Impact of Monetary Policy	3
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	3
Entrepôt: Hubs, Scale, and Trade Costs	3
The Dynamics of Development: Innovation and Reallocation	3
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	3
Optimal Fiscal and Monetary Policy with Distorting Taxes	3
Cognitive Hubs and Spatial Redistribution	3
Scarred Consumption	2
Firm Wages in a Frictional Labor Market	2
The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?	2
Public Liquidity and Financial Crises	2
Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale	2
Front Matter	2
The Life Cycle Implications of Temporary Employment Contracts	2
Skilled Labor Productivity and Cross-Country Income Differences	2
Firm Entry and Exit and Aggregate Growth	2
Front Matter	2
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	2
Innovation-Led Transitions in Energy Supply	2
Cyclical Attention to Saving	2
The State-Dependent Effectiveness of Hiring Subsidies	2
Optimal Policy for Macrofinancial Stability	2
Fiscal Rules and the Sovereign Default Premium	2