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 2022-06-01 to 2026-06-01.)

Article	Citations
Learning about Debt Crises	207
Anatomy of the Greek Depression with Firm-Level Data: The Importance of Demand Shocks	98
Uncertainty Shocks, Adjustment Costs, and Firm Beliefs: Evidence from a Representative Survey	86
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	53
The Intensive Margin in Trade: How Big and How Important?	48
Severe Weather and the Macroeconomy	40
The Elasticity of Aggregate Output with Respect to Capital and Labor	36
Front Matter	36
Mind the Gap! Stylized Dynamic Facts and Structural Models	31
Accounting for Wealth Concentration in the United States	28
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	28
Temporary Layoffs, Firm Entry and Exit Dynamics, and Aggregate Fluctuations	24
Learning by Sharing: Monetary Policy and Common Knowledge	21
Front Matter	21
Assessing the Gains from E-Commerce	21
Enemies of the People	19
Automation, Bargaining Power, and Labor Market Fluctuations	18
Collective Moral Hazard and the Interbank Market	18
Misallocation in Indian Agriculture	18
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	18
Information Dynamics and Macro Fluctuations	17
Distortions and the Structure of the World Economy	17
Women, Wealth Effects, and Slow Recoveries	16
Estimating Hysteresis Effects	15
Dynamic Capital Tax Competition under the Source Principle	15

Time for Growth	15
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	14
Firms’ Precautionary Savings and Employment during a Credit Crisis	14
Partial Specialization and Heterogeneous Task Assignments	14
Public Education Inequality and Intergenerational Mobility	13
Local Ties in Spatial Equilibrium	13
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	12
World Productivity: 1996–2014	12
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	12
Real Exchange Rates and Endogenous Productivity	12
Uncertainty and Information Acquisition: Evidence from Firms and Households	12
Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators	12
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	11
Front Matter	11
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information	11
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets	10
GDP-B: Accounting for the Value of New and Free Goods	10
International Friends and Enemies	10
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	10
US Treasury Auctions: A High-Frequency Identification of Supply Shocks	9
News Shocks under Financial Frictions	9
The Aggregate-Demand Doom Loop: Precautionary Motives and the Welfare Costs of Sovereign Risk	9
A Unified Model of Learning to Forecast	9
Asymmetric Effects of Monetary Policy in Regional Housing Markets	9
Family Heterogeneity, Human Capital Investment, and College Attainment	8
A Simple Explanation of Countercyclical Uncertainty	8
Shocks and Exchange Rates in Small Open Economies	8
Trade, Value Added, and Productivity Linkages: A Quantitative Analysis	8
Inequality, Taxation, and Sovereign Default Risk	8
Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence	7
The Government Spending Multiplier in a Multisector Economy	7
Not a Typical Firm: Capital–Labor Substitution and Firms' Labor Shares	7
Short-Term Planning, Monetary Policy, and Macroeconomic Persistence	7
Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks	7
The Consumption Origins of Business Cycles: Lessons from Sectoral Dynamics	7
Bank Risk-Taking, Credit Allocation, and Monetary Policy Transmission: Evidence from China	7
Efficient Consolidation of Incentives for Education and Retirement Savings	7
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	6
Adverse Selection Dynamics in Privately Produced Safe Debt Markets	6
Housing Constraints and Spatial Misallocation: Comment	6
IT and Urban Polarization	6
The Rise of Niche Consumption	6
An American Macroeconomic Picture: Supply and Demand Shocks in the Frequency Domain	6
A Congestion Theory of Unemployment Fluctuations	6
Does Unemployment Risk Affect Business Cycle Dynamics?	5
Self-Harming Trade Policy? Protectionism and Production Networks	5
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	5
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	5
Ambiguity Aversion and Heterogeneity in Households’ Beliefs	5
Optimal Taxation with Endogenous Default under Incomplete Markets	5

Bubbles, Crashes, and Economic Growth: Theory and Evidence	5
Land Misallocation and Productivity	5
Mis-specified Forecasts and Myopia in an Estimated New Keynesian Model	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5
Optimal Bank Reserve Remuneration and Capital Control Policy	5
Population Aging and Structural Transformation	5
Front Matter	4
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	4
Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge	4
Measuring Employer-to-Employer Reallocation	4
The Effects of Biased Labor Market Expectations on Consumption, Wealth Inequality, and Welfare	4
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	4
Domestic Policies and Sovereign Default	4
‘Less Is More’: Consumer Spending and the Size of Economic Stimulus Payments	4
Front Matter	4
Parallel Digital Currencies and Sticky Prices	4
Optimal Public Debt with Life Cycle Motives	4
Entrepôt: Hubs, Scale, and Trade Costs	4
Cognitive Hubs and Spatial Redistribution	4
Learning-through-Survey in Inflation Expectations	4
State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations	4
Estimating Macrofiscal Effects of Climate Shocks from Billions of Geospatial Weather Observations	4
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
The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?	3
Disagreement about Monetary Policy	3
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	3
Optimal Fiscal and Monetary Policy with Distorting Taxes	3
Age Structure and the Impact of Monetary Policy	3
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	3
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	3
Scarred Consumption	3
Innovation-Led Transitions in Energy Supply	3
Cyclical Attention to Saving	3
The Propagation of Demand Shocks through Housing Markets	2
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	2
Front Matter	2
Hours, Occupations, and Gender Differences in Labor Market Outcomes	2
Assessing the Stabilizing Effects of Unemployment Benefit Extensions	2
Public Liquidity and Financial Crises	2
Firm Wages in a Frictional Labor Market	2
Skilled Labor Productivity and Cross-Country Income Differences	2
The State-Dependent Effectiveness of Hiring Subsidies	2
Front Matter	2
From Deviations to Shortfalls: The Effects of the FOMC’s New Employment Objective	2
Work from Home before and after the COVID-19 Outbreak	2
Reputation, Bailouts, and Interest Rate Spread Dynamics	2
Firm Entry and Exit and Aggregate Growth	2
Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale	2
Anchored Inflation Expectations	2
Fiscal Rules and the Sovereign Default Premium	2
Optimal Policy for Macrofinancial Stability	2