%0 Journal Article %T An Exact QED_{3+1} Effective Action %A Gerald Dunne %A Theodore M. Hall %J Physics %D 1997 %I arXiv %R 10.1016/S0370-2693(97)01429-9 %X We compute the exact QED_{3+1} effective action for fermions in the presence of a family of static but spatially inhomogeneous magnetic field profiles. An asymptotic expansion of this exact effective action yields an all-orders derivative expansion, the first terms of which agree with independent derivative expansion computations. These results generalize analogous earlier results by Cangemi et al in QED_{2+1}. %U http://arxiv.org/abs/hep-th/9710062v1