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 2021-05-01 to 2025-05-01.)

Article	Citations
Household Search and the Marital Wage Premium	146
Endogenous Separations, Wage Rigidities, and Unemployment Volatility	92
Credit Spreads, Financial Crises, and Macroprudential Policy	76
Learning about Debt Crises	61
Severe Weather and the Macroeconomy	55
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	48
The Intensive Margin in Trade: How Big and How Important?	37
Front Matter	31
Assessing the Gains from E-Commerce	25
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	22
The Elasticity of Aggregate Output with Respect to Capital and Labor	21
Front Matter	19
Mind the Gap! Stylized Dynamic Facts and Structural Models	19
Collective Moral Hazard and the Interbank Market	18
Learning by Sharing: Monetary Policy and Common Knowledge	16
Optimal Inflation Target in an Economy with Menu Costs and a Zero Lower Bound	14
Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization	14
Enemies of the People	13
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	13
Asset Price Booms and Macroeconomic Policy: A Risk-Shifting Approach	13
Comparative Advantage in Innovation and Production	12
Estimating Hysteresis Effects	12
Automation, Bargaining Power, and Labor Market Fluctuations	12
Dynamic Capital Tax Competition under the Source Principle	12
Distortions and the Structure of the World Economy	12

Local Ties in Spatial Equilibrium	11
Firms’ Precautionary Savings and Employment during a Credit Crisis	11
Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations	11
Women, Wealth Effects, and Slow Recoveries	11
Public Education Inequality and Intergenerational Mobility	11
Information Dynamics and Macro Fluctuations	11
Testing the Effectiveness of Unconventional Monetary Policy in Japan and the United States	10
Radical and Incremental Innovation: The Roles of Firms, Managers, and Innovators	10
Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy	9
World Productivity: 1996–2014	9
Uncertainty and Information Acquisition: Evidence from Firms and Households	9
Pigouvian Cycles	8
Front Matter	8
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information	8
Cross-Sectional Uncertainty and the Business Cycle: Evidence from 40 Years of Options Data	8
International Friends and Enemies	8
Asymmetric Reciprocity and the Cyclical Behavior of Wages, Effort, and Job Creation	8
On the Macroeconomic Consequences of Over-Optimism	8
Asymmetric Effects of Monetary Policy in Regional Housing Markets	7
Knowledge Diffusion, Trade, and Innovation across Countries and Sectors	7
Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets	7
US Treasury Auctions: A High-Frequency Identification of Supply Shocks	6
News Shocks under Financial Frictions	6
Inequality, Taxation, and Sovereign Default Risk	6
Slow Debt, Deep Recessions	6
A Unified Model of Learning to Forecast	6
A Simple Explanation of Countercyclical Uncertainty	6
Declining Worker Turnover: The Role of Short-Duration Employment Spells	6
Family Heterogeneity, Human Capital Investment, and College Attainment	6
Efficient Consolidation of Incentives for Education and Retirement Savings	5
Short-Term Planning, Monetary Policy, and Macroeconomic Persistence	5
A Congestion Theory of Unemployment Fluctuations	5
Medical Expenses and Saving in Retirement: The Case of the United States and Sweden	5
Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks	5
The Government Spending Multiplier in a Multisector Economy	5
The Rise of Niche Consumption	5
Optimal Taxation with Endogenous Default under Incomplete Markets	5
Has the Information Channel of Monetary Policy Disappeared? Revisiting the Empirical Evidence	5
The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform	5
Agricultural Diversity, Structural Change, and Long-Run Development: Evidence from the United States	5
Adverse Selection Dynamics in Privately Produced Safe Debt Markets	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	4
Ambiguity Aversion and Heterogeneity in Households’ Beliefs	4
Bubbles, Crashes, and Economic Growth: Theory and Evidence	4
Front Matter	4
State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations	4
Self-Harming Trade Policy? Protectionism and Production Networks	4
MPC Heterogeneity and Household Balance Sheets	4
The Transmission of Monetary Policy Shocks	4
Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge	4

Trade in Commodities and Business Cycle Volatility	4
Population Aging and Structural Transformation	4
Land Misallocation and Productivity	4
Does Unemployment Risk Affect Business Cycle Dynamics?	4
How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial	4
Optimal Bank Reserve Remuneration and Capital Control Policy	4
The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models	4
Front Matter	3
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	3
Income Differences, Productivity, and Input-Output Networks	3
Learning-through-Survey in Inflation Expectations	3
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	3
Measuring Employer-to-Employer Reallocation	3
Optimal Public Debt with Life Cycle Motives	3
Higher Taxes at the Top: The Role of Entrepreneurs	3
Entrepôt: Hubs, Scale, and Trade Costs	3
Fewer but Better: Sudden Stops, Firm Entry, and Financial Selection	3
Age Structure and the Impact of Monetary Policy	2
Firm Wages in a Frictional Labor Market	2
Skilled Labor Productivity and Cross-Country Income Differences	2
Fiscal Rules and the Sovereign Default Premium	2
Firm Entry and Exit and Aggregate Growth	2
Min(d)ing the President: A Text Analytic Approach to Measuring Tax News	2
Micro-Level Misallocation and Selection	2
The Young, the Old, and the Government: Demographics and Fiscal Multipliers	2
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	2
Sectoral Heterogeneity and Monetary Policy	2
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	2
Macro and Micro Dynamics of Productivity: From Devilish Details to Insights	2
Labor Market Effects of Workweek Restrictions: Evidence from the Great Depression	2
Innovation-Led Transitions in Energy Supply	2
Front Matter	2
Scarred Consumption	2
The State-Dependent Effectiveness of Hiring Subsidies	2
Hours, Occupations, and Gender Differences in Labor Market Outcomes	2
Reputation, Bailouts, and Interest Rate Spread Dynamics	2
Front Matter	2
Optimal Fiscal and Monetary Policy with Distorting Taxes	2
Shopping for Lower Sales Tax Rates	2
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	2