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 2022-06-01 to 2026-06-01.)

Article	Citations
Borrowing constraints, financial frictions, misallocation and GDP per worker	52
Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins	30
Monetary policy rules and the equity premium in a segmented markets model	27
Does monetary policy impact innovation? Evidence from Australian Administrative Data	24
The effects of a money-financed fiscal stimulus under fiscal stress	23
Automation and the employment elasticity of fiscal policy	20
Sectoral spillovers across space and time	20
Wealth in the utility function, consumption subsidy, and long-run growth and welfare	18
Upstream financial flows, intangible investment, and allocative efficiency	16
Saving behavior and the intergenerational allocation of leisure time	15
Redistributive policy and R&D-based growth	14
Taylor rules: Consequences for wealth and income inequality	14
Do central bank words matter in emerging markets? Evidence from Mexico	14
Do fiscal rules shape private-sector investment decisions?	13
Efficiency wages, consumption inequality and self-fulfilling business cycles	13
A cautionary note on linear aggregation in macroeconomic models under the RINCE preferences	12
Staggered wages, unanticipated shocks and firms’ adjustments	12
Traditional output dynamics: A structural perspective	12
Wealth in utility, the Taylor principle and determinacy	11
Economic uncertainty, households’ credit situations, and higher education	10
Central bank objectives, monetary policy rules, and limited information	10
Unconventional monetary policy, financial frictions, and the equity tandem	10
Private and public risk sharing across Italian regions	10
Editorial Board	10
Productivity gains from international trade in young and old economies	10

Was India’s demonetization redistributive? Insights from satellites and surveys	9
Fiscal stabilization in high-debt economies without monetary independence	9
On the welfare costs of business cycles: Beyond nondurable goods	9
Capital account liberalization, production heterogeneity, and belief-driven fluctuations in financial-constrained economies	9
Exchange rate dynamics and consumption of traded goods	9
Informal employment and business cycles in emerging market economies	9
The international real business cycle when demand matters	8
Rising allowances, rising rates — Can growth arise through business income tax reform despite government debt limit?	8
What goes around comes around: The US climate-economic cycle	8
On the welfare cost of business cycles: The role of labor-market heterogeneity	8
Central bank transparency under adaptive learning empirical evidence from Mexico	7
Learning from news	7
Monetary policy in a Schumpeterian economy with endogenous fertility and human capital accumulation	7
Policy coordination and the effectiveness of fiscal stimulus	7
The dollar squeeze and economic growth	6
The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis	6
Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions	6
Monetary policy and reserve requirements with a zero-interest digital euro	6
Fiscal policy, macroeconomic performance and industry structure in a small open economy	6
What growth policies protect the environment? A two-engine growth model	6
Inflation expectations and political polarization: Evidence from the cooperative election study	6
Balanced-budget rules and macroeconomic stability with overlapping generations	6
Do more frequent price adjustments guarantee less effective monetary stimulus when uncertainty rises?	6
Government spending news and surprise shocks: It’s the timing and persistence	6
Sources of economic growth in models with non-renewable resources	5
A political economy approach to endogenous industrial policies	5
Time-varying interactions between monetary and housing credit policy	5
Child survival and contraception choice: Theory and evidence	5
Macroeconomic effects of government spending shocks: New narrative evidence from Canada	5
The transmission of monetary policy shocks through the markets for reserves and money	5
Editorial Board	5
Consumption responses to inheritances: The role of durable goods	5
Editorial Board	5
The ins and outs of unemployment shocks	5
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
Editorial Board	4
Identifying monetary policy shocks through external constraints	4
Income inequality measures and economic growth channels	4
Monetary policy under fiscal stress: A forward-looking analysis of fiscal dominance	4
Expenditure, income variability and heterogeneity: Evidence from Italian household data	4
Behavioral New Keynesian Models: An empirical assessment	4
Inflation and entry costs in a monetary search model	4
Editorial Board	4
Misallocation of talent, teachers’ human capital, and development in Brazil	4
Risk aversion and longevity in an overlapping generations model	4
Efficiency of short-time work schemes and the role of monetary policy	4
Are consumer sentiment shocks state-dependent?	4
Editorial Board	4
Heterogeneity in sectoral price and quantity responses to shocks to monetary policy	4

Impact of infectious disease pandemics on individual lifetime consumption: An endogenous time preference approach	4
Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data	4
The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence	4
Intensive and extensive margins of labor adjustment with non-regular employment	3
Monetary regimes and regional economies: A counterfactual perspective from two euro opt-outs	3
What caused the post-pandemic inflation in France? An analysis using the Bernanke–Blanchard model	3
Can fiscal rules improve banking system stability in developing countries?	3
Tax evasion policies and the demand for cash	3
Macroeconomic impacts of remittances: A two-country, two-sector model	3
Inflation targeting and inflation communication of the Federal Reserve: Words and deeds	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
Labour market rigidity and expansionary austerity	3
The role of information in shaping inflation expectations and perceptions: A survey experiment	3
Downward wage rigidity and asymmetric effects of monetary policy	3
Inflation, monetary policy, and capital–labor inequality	3
Sailing through uncertainty: Inspecting mechanisms in advanced and developing economies	3
Debt service channel for external debt and growth in developing countries	3
Editorial Board	3
Are regional fiscal multipliers on EU structural and investment fund spending large? A reassessment of the evidence	3
Age-specific entrepreneurship and PAYG: Public pensions in Germany	3
How can financial constraints force a central bank to exit a currency peg? An application to the Swiss franc peg	3
Unemployment insurance, recalls, and experience rating	3
Monetary and fiscal coordination in preventing bank failures and financial contagion	3
Jobless recoveries and time variation in labor markets	3
Was pandemic fiscal relief effective fiscal stimulus? Evidence from aid to state and local governments	3
The multifaceted effect of monetary policy on U.S. credit aggregates	2
Quantitative analysis of a wealth tax for the United States: Exclusions and expenditures	2
Leading patent breadth, endogenous quality choice, and economic growth	2
The effect of legislated tax changes on the trade balance: Empirical evidence for the United States, Germany, and the United Kingdom	2
Public sector employment and aggregate fluctuations	2
AI revolution and coordination failure: Theory and evidence	2
The wage dispersion effects of international migration in the European Union	2
Large firms and the cyclicality of US labour productivity	2
Monetary policy, fiscal policy and cross signal jamming	2
Business exit during the COVID-19 pandemic: Non-traditional measures in historical context	2
Editorial Board	2
Asserting independence: Optimal monetary policy when the central bank and political authority disagree	2
Editorial Board	2
Can you improve upon the GDP forecasts of professional forecasters using information about monetary policy?	2
Demand, wealth inequality and the business cycle	2
Optimal robust monetary and fiscal policy under uncertainty on the lower bound	2
Computerizing households and the role of technology shocks in consumer durables	2
The partisanship of a central banker	2
Bilateral output synchronization in a globalized world: A macroeconomic evaluation of the third-country effect	2
Back to trend: COVID effects on E-commerce in 44 countries	2
Macroeconomic effects of income and consumption tax reforms in New Zealand	2
Taxes and firm investment	2