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 2022-05-01 to 2026-05-01.)

Article	Citations
Learning about Debt Crises	201
Severe Weather and the Macroeconomy	96
Uncertainty Shocks, Adjustment Costs, and Firm Beliefs: Evidence from a Representative Survey	83
How to Construct Nationally Representative Firm-Level Data from the Orbis Global Database: New Facts on SMEs and Aggregate Implications for Industry Concentration	49
Anatomy of the Greek Depression with Firm-Level Data: The Importance of Demand Shocks	47
The Intensive Margin in Trade: How Big and How Important?	38
Mind the Gap! Stylized Dynamic Facts and Structural Models	35
Front Matter	35
Accounting for Wealth Concentration in the United States	31
The Elasticity of Aggregate Output with Respect to Capital and Labor	28
Temporary Layoffs, Firm Entry and Exit Dynamics, and Aggregate Fluctuations	27
Assessing the Gains from E-Commerce	23
Rural-Urban Migration, Structural Transformation, and Housing Markets in China	21
Learning by Sharing: Monetary Policy and Common Knowledge	21
Collective Moral Hazard and the Interbank Market	20
Enemies of the People	19
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity	17
Automation, Bargaining Power, and Labor Market Fluctuations	17
Front Matter	17
Misallocation in Indian Agriculture	17
Distortions and the Structure of the World Economy	16
Dynamic Capital Tax Competition under the Source Principle	15
Women, Wealth Effects, and Slow Recoveries	15
Information Dynamics and Macro Fluctuations	15
Time for Growth	14

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

Land Misallocation and Productivity	5
Labor Market Responses to Unemployment Insurance: The Role of Heterogeneity	5
Bubbles, Crashes, and Economic Growth: Theory and Evidence	5
Front Matter	4
Measuring Employer-to-Employer Reallocation	4
From Blue- to Steel-Collar Jobs: The Decline in Employment Gaps?	4
Population Aging and Structural Transformation	4
Entrepôt: Hubs, Scale, and Trade Costs	4
Learning-through-Survey in Inflation Expectations	4
‘Less Is More’: Consumer Spending and the Size of Economic Stimulus Payments	4
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
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
Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity	4
Optimal Public Debt with Life Cycle Motives	4
Domestic Policies and Sovereign Default	4
Uncovering the Effects of the Zero Lower Bound with an Endogenous Financial Wedge	4
State-Dependent Government Spending Multipliers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations	4
The Dynamics of Development: Innovation and Reallocation	3
Scarred Consumption	3
Immigrant Communities and Knowledge Spillovers: Danish Americans and the Development of the Dairy Industry in the United States	3
Parallel Digital Currencies and Sticky Prices	3
Schooling, Skill Demand, and Differential Fertility in the Process of Structural Transformation	3
The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?	3
Innovation-Led Transitions in Energy Supply	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
Optimal Fiscal and Monetary Policy with Distorting Taxes	3
Disagreement about Monetary Policy	3
Cyclical Attention to Saving	3
Cognitive Hubs and Spatial Redistribution	3
Front Matter	3
Fiscal Rules and the Sovereign Default Premium	2
The State-Dependent Effectiveness of Hiring Subsidies	2
Grounded by Gravity: A Well-Behaved Trade Model with Industry-Level Economies of Scale	2
Skilled Labor Productivity and Cross-Country Income Differences	2
Work from Home before and after the COVID-19 Outbreak	2
Firm Entry and Exit and Aggregate Growth	2
Firm Wages in a Frictional Labor Market	2
Optimal Foreign Reserves and Central Bank Policy under Financial Stress	2
The Propagation of Demand Shocks through Housing Markets	2
Front Matter	2
Public Liquidity and Financial Crises	2
Monetary Policy in Sudden Stop-Prone Economies	2
Hours, Occupations, and Gender Differences in Labor Market Outcomes	2
Front Matter	2
Reputation, Bailouts, and Interest Rate Spread Dynamics	2
Optimal Policy for Macrofinancial Stability	2
Assessing the Stabilizing Effects of Unemployment Benefit Extensions	2