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 2022-05-01 to 2026-05-01.)

Article	Citations
Borrowing constraints, financial frictions, misallocation and GDP per worker	51
Monetary policy rules and the equity premium in a segmented markets model	29
Automation and the employment elasticity of fiscal policy	27
The effects of a money-financed fiscal stimulus under fiscal stress	24
Does monetary policy impact innovation? Evidence from Australian Administrative Data	21
Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins	20
Sectoral spillovers across space and time	19
Wealth in the utility function, consumption subsidy, and long-run growth and welfare	17
Upstream financial flows, intangible investment, and allocative efficiency	16
Taylor rules: Consequences for wealth and income inequality	14
Do central bank words matter in emerging markets? Evidence from Mexico	14
Saving behavior and the intergenerational allocation of leisure time	14
Redistributive policy and R&D-based growth	14
Efficiency wages, consumption inequality and self-fulfilling business cycles	13
Staggered wages, unanticipated shocks and firms’ adjustments	12
Economic uncertainty, households’ credit situations, and higher education	12
Do fiscal rules shape private-sector investment decisions?	12
Traditional output dynamics: A structural perspective	12
Central bank objectives, monetary policy rules, and limited information	10
A cautionary note on linear aggregation in macroeconomic models under the RINCE preferences	10
Editorial Board	10
Private and public risk sharing across Italian regions	10
Unconventional monetary policy, financial frictions, and the equity tandem	10
Fiscal stabilization in high-debt economies without monetary independence	10
Wealth in utility, the Taylor principle and determinacy	10

Informal employment and business cycles in emerging market economies	9
Was India’s demonetization redistributive? Insights from satellites and surveys	9
Exchange rate dynamics and consumption of traded goods	9
Capital account liberalization, production heterogeneity, and belief-driven fluctuations in financial-constrained economies	8
Learning from news	8
On the welfare costs of business cycles: Beyond nondurable goods	8
What goes around comes around: The US climate-economic cycle	8
The international real business cycle when demand matters	8
Policy coordination and the effectiveness of fiscal stimulus	7
Fiscal policy, macroeconomic performance and industry structure in a small open economy	7
On the welfare cost of business cycles: The role of labor-market heterogeneity	7
Monetary policy and reserve requirements with a zero-interest digital euro	7
Rising allowances, rising rates — Can growth arise through business income tax reform despite government debt limit?	7
Monetary policy in a Schumpeterian economy with endogenous fertility and human capital accumulation	7
Inflation expectations and political polarization: Evidence from the cooperative election study	6
Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions	6
Balanced-budget rules and macroeconomic stability with overlapping generations	6
What growth policies protect the environment? A two-engine growth model	6
The dollar squeeze and economic growth	6
Government spending news and surprise shocks: It’s the timing and persistence	6
Do more frequent price adjustments guarantee less effective monetary stimulus when uncertainty rises?	6
The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis	6
Editorial Board	5
A political economy approach to endogenous industrial policies	5
Child survival and contraception choice: Theory and evidence	5
Sources of economic growth in models with non-renewable resources	5
Unveiling the impact of income taxes on inequality in a HACT model	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
Identifying monetary policy shocks through external constraints	4
Editorial Board	4
Risk aversion and longevity in an overlapping generations model	4
Editorial Board	4
Misallocation of talent, teachers’ human capital, and development in Brazil	4
Monetary policy under fiscal stress: A forward-looking analysis of fiscal dominance	4
Editorial Board	4
Inflation and entry costs in a monetary search model	4
Macroeconomic impacts of remittances: A two-country, two-sector model	4
Consumption responses to inheritances: The role of durable goods	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
Efficiency of short-time work schemes and the role of monetary policy	4
Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data	4
Unemployment insurance, recalls, and experience rating	4
Behavioral New Keynesian Models: An empirical assessment	4
Are monetary policy shocks causal to bank health? Evidence from the euro area	4
Income inequality measures and economic growth channels	4
Time-varying interactions between monetary and housing credit policy	4
The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence	4

Debt service channel for external debt and growth in developing countries	3
Was pandemic fiscal relief effective fiscal stimulus? Evidence from aid to state and local governments	3
Computerizing households and the role of technology shocks in consumer durables	3
Inflation targeting and inflation communication of the Federal Reserve: Words and deeds	3
Quantitative analysis of a wealth tax for the United States: Exclusions and expenditures	3
Do the Hamilton and Beveridge–Nelson filters provide the same information about output gaps? An empirical comparison for practitioners	3
What caused the post-pandemic inflation in France? An analysis using the Bernanke–Blanchard model	3
Tax evasion policies and the demand for cash	3
Downward wage rigidity and asymmetric effects of monetary policy	3
Monetary and fiscal coordination in preventing bank failures and financial contagion	3
Editorial Board	3
Jobless recoveries and time variation in labor markets	3
Optimal robust monetary and fiscal policy under uncertainty on the lower bound	3
Monetary regimes and regional economies: A counterfactual perspective from two euro opt-outs	3
Business exit during the COVID-19 pandemic: Non-traditional measures in historical context	3
How can financial constraints force a central bank to exit a currency peg? An application to the Swiss franc peg	3
Can fiscal rules improve banking system stability in developing countries?	3
Age-specific entrepreneurship and PAYG: Public pensions in Germany	3
Labour market rigidity and expansionary austerity	3
Seasonal temperature variability and economic cycles	3
Are regional fiscal multipliers on EU structural and investment fund spending large? A reassessment of the evidence	3
Intensive and extensive margins of labor adjustment with non-regular employment	3
The partisanship of a central banker	3
Balanced-budget fiscal rules and money growth pegging	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
The wage dispersion effects of international migration in the European Union	2
Can you improve upon the GDP forecasts of professional forecasters using information about monetary policy?	2
The multifaceted effect of monetary policy on U.S. credit aggregates	2
Bilateral output synchronization in a globalized world: A macroeconomic evaluation of the third-country effect	2
Public sector employment and aggregate fluctuations	2
Long-run scarring effects of meltdowns in a small-scale nonlinear quadratic model	2
The impact of financial uncertainty shocks on firm creation across US states	2
Business cycle asymmetries and the labor market	2
Demand, wealth inequality and the business cycle	2
Leading patent breadth, endogenous quality choice, and economic growth	2
Monetary policy, fiscal policy and cross signal jamming	2
Editorial Board	2
Government expenditure and economic growth: A heterogeneous-agents approach	2
Does automation technology increase wage?	2
Business cycle synchronization and African monetary union: A wavelet analysis	2
Public investment multipliers and the role of efficiency: new evidence for emerging markets	2
AI revolution and coordination failure: Theory and evidence	2
Asserting independence: Optimal monetary policy when the central bank and political authority disagree	2
Large firms and the cyclicality of US labour productivity	2
Taxes and firm investment	2
The effect of legislated tax changes on the trade balance: Empirical evidence for the United States, Germany, and the United Kingdom	2