OOIR: Observatory of International Research

Papers

(The median citation count of Journal of 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 2022-08-01 to 2026-08-01.)

Article	Citations
Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins	34
Monetary policy rules and the equity premium in a segmented markets model	31
Does monetary policy impact innovation? Evidence from Australian Administrative Data	25
Automation and the employment elasticity of fiscal policy	25
The effects of a money-financed fiscal stimulus under fiscal stress	21
Borrowing constraints, financial frictions, misallocation and GDP per worker	20
Wealth in the utility function, consumption subsidy, and long-run growth and welfare	19
Saving behavior and the intergenerational allocation of leisure time	17
Do fiscal rules shape private-sector investment decisions?	16
Redistributive policy and R&D-based growth	16
Taylor rules: Consequences for wealth and income inequality	16
Do central bank words matter in emerging markets? Evidence from Mexico	14
Traditional output dynamics: A structural perspective	13
Efficiency wages, consumption inequality and self-fulfilling business cycles	13
Economic uncertainty, households’ credit situations, and higher education	12
Staggered wages, unanticipated shocks and firms’ adjustments	12
Wealth in utility, the Taylor principle and determinacy	12
Unconventional monetary policy, financial frictions, and the equity tandem	11
Productivity gains from international trade in young and old economies	11
Private and public risk sharing across Italian regions	11
On the welfare costs of business cycles: Beyond nondurable goods	10
Exchange rate dynamics and consumption of traded goods	10
Informal employment and business cycles in emerging market economies	10
Editorial Board	10
Capital account liberalization, production heterogeneity, and belief-driven fluctuations in financial-constrained economies	10

Central bank objectives, monetary policy rules, and limited information	10
The international real business cycle when demand matters	9
Policy coordination and the effectiveness of fiscal stimulus	9
Central bank transparency under adaptive learning empirical evidence from Mexico	9
Was India’s demonetization redistributive? Insights from satellites and surveys	9
Rising allowances, rising rates — Can growth arise through business income tax reform despite government debt limit?	9
The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis	8
Learning from news	8
On the welfare cost of business cycles: The role of labor-market heterogeneity	8
What goes around comes around: The US climate-economic cycle	8
Monetary policy in a Schumpeterian economy with endogenous fertility and human capital accumulation	7
Monetary policy and reserve requirements with a zero-interest digital euro	7
The dollar squeeze and economic growth	7
Fiscal policy, macroeconomic performance and industry structure in a small open economy	7
Balanced-budget rules and macroeconomic stability with overlapping generations	7
Inflation expectations and political polarization: Evidence from the cooperative election study	6
The transmission of monetary policy shocks through the markets for reserves and money	6
Editorial Board	6
Do more frequent price adjustments guarantee less effective monetary stimulus when uncertainty rises?	6
What growth policies protect the environment? A two-engine growth model	6
A political economy approach to endogenous industrial policies	6
Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions	6
Government spending news and surprise shocks: It’s the timing and persistence	6
The ins and outs of unemployment shocks	6
Unveiling the impact of income taxes on inequality in a HACT model	5
Are monetary policy shocks causal to bank health? Evidence from the euro area	5
Consumption responses to inheritances: The role of durable goods	5
Impact of infectious disease pandemics on individual lifetime consumption: An endogenous time preference approach	5
Time-varying interactions between monetary and housing credit policy	5
Macroeconomic effects of government spending shocks: New narrative evidence from Canada	5
Editorial Board	5
Expenditure, income variability and heterogeneity: Evidence from Italian household data	5
Child survival and contraception choice: Theory and evidence	5
Editorial Board	5
Heterogeneity in sectoral price and quantity responses to shocks to monetary policy	5
Monetary policy under fiscal stress: A forward-looking analysis of fiscal dominance	5
Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data	4
Efficiency of short-time work schemes and the role of monetary policy	4
Editorial Board	4
Unemployment insurance, recalls, and experience rating	4
Misallocation of talent, teachers’ human capital, and development in Brazil	4
Editorial Board	4
The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence	4
Macroeconomic impacts of remittances: A two-country, two-sector model	4
Identifying monetary policy shocks through external constraints	4
Editorial Board	4
Behavioral New Keynesian Models: An empirical assessment	4
Inflation and entry costs in a monetary search model	4
Are consumer sentiment shocks state-dependent?	4
Editorial Board	3

Can fiscal rules improve banking system stability in developing countries?	3
New challenges for monetary policy and financial markets — Editorial introduction	3
Debt service channel for external debt and growth in developing countries	3
Inflation targeting and inflation communication of the Federal Reserve: Words and deeds	3
Sailing through uncertainty: Inspecting mechanisms in advanced and developing economies	3
Tax evasion policies and the demand for cash	3
Monetary policy, fiscal policy and cross signal jamming	3
The partisanship of a central banker	3
What caused the post-pandemic inflation in France? An analysis using the Bernanke–Blanchard model	3
Intensive and extensive margins of labor adjustment with non-regular employment	3
Are regional fiscal multipliers on EU structural and investment fund spending large? A reassessment of the evidence	3
Monetary regimes and regional economies: A counterfactual perspective from two euro opt-outs	3
Monetary and fiscal coordination in preventing bank failures and financial contagion	3
Jobless recoveries and time variation in labor markets	3
Downward wage rigidity and asymmetric effects of monetary policy	3
Computerizing households and the role of technology shocks in consumer durables	3
Labour market rigidity and expansionary austerity	3
The role of information in shaping inflation expectations and perceptions: A survey experiment	3
Seasonal temperature variability and economic cycles	3
Do the Hamilton and Beveridge–Nelson filters provide the same information about output gaps? An empirical comparison for practitioners	3
Age-specific entrepreneurship and PAYG: Public pensions in Germany	3
Inflation, monetary policy, and capital–labor inequality	3
Was pandemic fiscal relief effective fiscal stimulus? Evidence from aid to state and local governments	3
How can financial constraints force a central bank to exit a currency peg? An application to the Swiss franc peg	3
Quantitative analysis of a wealth tax for the United States: Exclusions and expenditures	3
AI revolution and coordination failure: Theory and evidence	2
Demand, wealth inequality and the business cycle	2
Bilateral output synchronization in a globalized world: A macroeconomic evaluation of the third-country effect	2
The multifaceted effect of monetary policy on U.S. credit aggregates	2
The effect of legislated tax changes on the trade balance: Empirical evidence for the United States, Germany, and the United Kingdom	2
Editorial Board	2
Does automation technology increase wage?	2
Business cycle synchronization and African monetary union: A wavelet analysis	2
Asserting independence: Optimal monetary policy when the central bank and political authority disagree	2
Optimal robust monetary and fiscal policy under uncertainty on the lower bound	2
The wage dispersion effects of international migration in the European Union	2
Taxes and firm investment	2
Time-varying capital intensities and the hump-shaped evolution of economic activity in manufacturing	2
Back to trend: COVID effects on E-commerce in 44 countries	2
Long-run scarring effects of meltdowns in a small-scale nonlinear quadratic model	2
Can you improve upon the GDP forecasts of professional forecasters using information about monetary policy?	2
Leading patent breadth, endogenous quality choice, and economic growth	2
Large firms and the cyclicality of US labour productivity	2
Macroeconomic effects of income and consumption tax reforms in New Zealand	2
Business cycle asymmetries and the labor market	2
Public investment multipliers and the role of efficiency: new evidence for emerging markets	2