BEJM Advances Articles
Advances articles make significant advances in macroeconomics. They are suitable for publication in a top field journal, such as the Journal of Monetary Economics. Papers should be of interest to everyone who is working in the area the paper is concerned with (consumption, for example, and of general interest in the field of macroeconomics. The publication rate is 6%.Volume 8 (2008) - Issue 1 (Advances)
Downward Nominal Wage Rigidity in the OECD
Steinar Holden and Fredrik Wulfsberg
Volume 7 (2007) - Issue 1 (Advances)
Stable Sunspot Equilibria in a Cash-in-Advance Economy
George W. Evans, Seppo M.S. Honkapohja, and Ramon Marimon
Should Monetary Policy Use Long-Term Rates?
Mariano Kulish
Habit Formation and Aggregate Consumption Dynamics
Martin Sommer
Factor Utilization and the Real Impact of Financial Crises
Felipe Meza and Erwan Quintin
Volume 6 (2006) - Issue 1 (Advances)
Monetary Policy and Uncertainty about the Natural Unemployment Rate: Brainard-Style Conservatism versus Experimental Activism
Volker Wieland
Quantifying the Effects of the Demographic Transition in Developing Economies
Orazio P. Attanasio, Sagiri Kitao, and Giovanni L. Violante
Inflation, Prices, and Information in Competitive Search
Miquel Faig and Belén Jerez
Volume 5 (2005) - Issue 1 (Advances)
Comparing Wealth Effects: The Stock Market versus the Housing Market
Karl E. Case, John M. Quigley, and Robert J. Shiller
Optimal Time-Consistent Taxation with International Mobility Of Capital
Paul Klein, Vincenzo Quadrini, and Jose-Victor Rios-Rull
Recipient of the Arrow Prize for Senior Economists
Volume 4 (2004) - Issue 1 (Advances)
Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero
Günter Coenen, Athanasios Orphanides, and Volker Wieland
Volume 3 (2003) - Issue 1 (Advances)
Where Is the Natural Rate? Rational Policy Mistakes and Persistent Deviations of Inflation from Target
Ricardo Reis
Recipient of the Arrow Prize for Junior Economists
Downward Nominal Wage Rigidity: Evidence from the Employment Cost Index
David E. Lebow, Raven E. Saks, and Beth Anne Wilson
Volume 2 (2002) - Issue 1 (Advances)
Product Prices and the OECD Cycle
Aart Kraay and Jaume Ventura
Volume 1 (2001) - Issue 2 (Advances)
Patterns of Exchange, Fiat Money, and Coordination
Irasema Alonso
Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games under Uncertainty
Olivier Blanchard and Philippe Weil
Volume 1 (2001) - Issue 1 (Advances)
Another Example in which Lump-sum Money Creation is Beneficial
Alexei Deviatov and Neil Wallace
Risky Collateral and Deposit Insurance
Narayana R. Kocherlakota
International Currency
Randall Wright and Alberto Trejos
Aggregate Implications of Indivisible Labor
Casey B. Mulligan
Matching, Search, and Heterogeneity
Robert Shimer and Lones Smith
Death to the Log-Linearized Consumption Euler Equation!
(And Very Poor Health to the Second-Order Approximation)
Christopher Dixon Carroll
Population Changes and Capital Accumulation: The Aging of the Baby Boom
José-Víctor Ríos-Rull