Abstract

January 2022 Volume 14, Number 1 American Economic Journal Macroeconomics American Economic Journal Macroeconomics M B, Y C,  S-B K How Sticky Wages in Existing Jobs Can Affect Hiring P B  T W On the Macroeconomic Consequences of Over-Optimism J. S D  M B. D Capital Controls for Crisis Management Policy in a Global Economy Y B  D G Collateral Shocks J C, N L,  A M S Knowledge Diffusion, Trade, and Innovation across Countries and Sectors A J  M M   R The Rise and Fall of India’s Relative Investment Price: A Tale of Policy Error and Reform D H   M O The Rise of the Machines: Automation, Horizontal Innovation, and Income Inequality J J  I S Slow Debt, Deep Recessions M J. P  R R Declining Worker Turnover: The Role of Short-Duration Employment Spells C M-J The Cyclical Behavior of Unemployment and Wages under Information Frictions M C  A W Endogenous Separations, Wage Rigidities, and Unemployment Volatility F S. M  A Z Offshoring, Automation, Low-Skilled Immigration, and Labor Market Polarization ® American Economic Journal THE AMERICAN ECONOMIC ASSOCIATION Founded in 1885 Macroeconomics EXECUTIVE COMMITTEE