Journal of Economic Dynamics & Control

Article	Citations
Fiscal policy during a pandemic	81
The macroeconomics of central bank digital currencies	78
Central bank digital currency and monetary policy	73
Effects of US quantitative easing on emerging market economies	60
News and narratives in financial systems: Exploiting big data for systemic risk assessment	53
Central bank digital currency: Stability and information	46
Central bank digital currency and flight to safety	43
De-risking of green investments through a green bond market – Empirics and a dynamic model	36
Estimating and simulating a SIRD Model of COVID-19 for many countries, states, and cities	35
The macroeconomics of testing and quarantining	28
The euro area’s pandemic recession: A DSGE-based interpretation	27
Emissions trading with rolling horizons	26
Demographic transition, human capital and economic growth in China	25
A neural network ensemble approach for GDP forecasting	21
Hartz IV and the decline of German unemployment: A macroeconomic evaluation	21
Epidemics in the New Keynesian model	20
Why business cycles diverge? Structural evidence from the European Union	18
Network tail risk estimation in the European banking system	18
Optimal energy transition with variable and intermittent renewable electricity generation	18
Tail Granger causalities and where to find them: Extreme risk spillovers vs spurious linkages	17
Long-term inflation expectations and the transmission of monetary policy shocks: Evidence from a SVAR analysis	16
Currency stability using blockchain technology	15
Interconnected banks and systemically important exposures	15
Investment timing and capacity decisions with time-to-build in a duopoly market	14
Age, industry, and unemployment risk during a pandemic lockdown	14

The long-term impact of the COVID-19 unemployment shock on life expectancy and mortality rates	14
Photovoltaic Smart Grids in the prosumers investment decisions: a real option model	14
Forecasting the propagation of pandemic shocks with a dynamic input-output model	14
Green investment under time-dependent subsidy retraction risk	14
Machine learning and speed in high-frequency trading	14
Optimal age-Based vaccination and economic mitigation policies for the second phase of the covid-19 pandemic	13
Reconstructing production networks using machine learning	13
Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment	13
Global trade and GDP comovement	13
Functional monetary aggregates, monetary policy, and business cycles	13
Automated and distributed statistical analysis of economic agent-based models	12
Flight to housing in China	12
Impulse response analysis in conditional quantile models with an application to monetary policy	12
Endogenous growth under multiple uses of data	12
A unified approach for jointly estimating the business and financial cycle, and the role of financial factors	12
Optimal management of an epidemic: Lockdown, vaccine and value of life	12
Enter the MATRIX model:a Multi-Agent model for Transition Risks with application to energy shocks.	12
Monetary dynamics in a network economy	12
Inflation and demography through time	12
Overinvestment and macroeconomic uncertainty: Evidence from renewable and non-renewable resource firms	11
Does performance-sensitive debt mitigate debt overhang?	11
Testing for international business cycles: A multilevel factor model with stochastic factor selection	11
Applications of Markov chain approximation methods to optimal control problems in economics	11
Wealth management products, banking competition, and stability: Evidence from China	11
Machine learning goes global: Cross-sectional return predictability in international stock markets	11
Optimal stock–enhancement of a spatially distributed renewable resource	11
Smart products: Liability, investments in product safety, and the timing of market introduction	11
Shilnikov chaos, low interest rates, and New Keynesian macroeconomics	11
Monetary policy strategies for the European Central Bank	10
Strategic technology switching under risk aversion and uncertainty	10
Living in an uncertain world: Environment substitution, local and global indeterminacy	10
The channels of banks’ response to negative interest rates	10
Mission-oriented policies and the “Entrepreneurial State” at work: An agent-based exploration	10
On the Matthew effect in research careers	10
Fiscal policy and uncertainty	9
Demographics and the natural real interest Rate: historical and projected paths for the euro area	9
Should the ECB adjust its strategy in the face of a lower r★	9
Proxy SVAR identification of monetary policy shocks - Monte Carlo evidence and insights for the US	9
Pricing equity-bond covariance risk: Between flight-to-quality and fear-of-missing-out	9
Entrepreneurial incentives and the role of initial coin offerings	9
Adaptation to climate change: Extreme events versus gradual changes	9
The financial market effects of unwinding the Federal Reserve’s balance sheet	9
Social Motives and Risk-Taking in Investment Decisions	9
Fast and Accurate Variational Inference for Large Bayesian VARs with Stochastic Volatility	9
Out-of-equilibrium dynamics and excess volatility in firm networks	9
The effect of borrower-specific loan-to-value policies on household debt, wealth inequality and consumption volatility: An agent-based analysis	9
Impacts of social distancing policy and vaccination during the COVID-19 pandemic in the Republic of Korea	9
Contagion accounting in stress-testing	9
Cultural persistence in corruption, economic growth, and the environment	9
Comparison of local projection estimators for proxy vector autoregressions	9

The productivity growth slowdown and Kaldor’s growth facts	8
Deep learning classification: Modeling discrete labor choice	8
Estimation of agent-based models using Bayesian deep learning approach of BayesFlow	8
The political economy of early COVID-19 interventions in US states	8
Bargaining shocks and aggregate fluctuations	8
Synergizing ventures	8
The welfare cost of inflation	8
Technological and non-technological drivers of productivity dynamics in developed and emerging market economies	8
Payments on digital platforms: Resiliency, interoperability and welfare	8
Currency manipulation and currency wars: Analyzing the dynamics of competitive central bank interventions	8
Optimal management of pumped hydroelectric production with state constrained optimal control	8
Banks, money, and the zero lower bound on deposit rates	8
Optimal capital structure, ambiguity aversion, and leverage puzzles	7
Quantitative easing in the US and financial cycles in emerging markets	7
Oil price shocks and monetary policy in resource-rich economies: Does capital matter?	7
A reconsideration of money growth rules	7
The public debt multiplier	7
Unstable diffusion in social networks	7
Land price dynamics and macroeconomic fluctuations with imperfect substitution in real estate markets	7
Misinformation due to asymmetric information sharing	7
Inflation anchoring and growth: The role of credit constraints	7
Economic growth and inequality tradeoffs under progressive taxation	7
Financial globalisation, monetary policy spillovers and macro-modelling: Tales from 1001 shocks	7
When are efficient conventions selected in networks?	7
On current and future carbon prices in a risky world	7
Measuring the effects of expectations shocks	7
Information acquisition and expected returns: Evidence from EDGAR search traffic	7
Hermite expansion of transition densities and European option prices for multivariate diffusions with jumps	7
Monetary transmission in money markets: The not-so-elusive missing piece of the puzzle	7
Health, wealth, and informality over the life cycle	7
Point estimation in sign-restricted SVARs based on independence criteria with an application to rational bubbles	7
Optimizing high-dimensional stochastic forestry via reinforcement learning	7
CTMC integral equation method for American options under stochastic local volatility models	7
A stochastic differential game of duopolistic competition with sticky prices	7
The impacts of interest rates on banks’ loan portfolio risk-taking	6
Adaptive expectations and commodity risk premiums	6
Pollution and labor market search externalities over the business cycle	6
Vector autoregression models with skewness and heavy tails	6
Modeling tail risks of inflation using unobserved component quantile regressions	6
Investing in electricity production under a reliability options scheme	6
Expected utility versus cumulative prospect theory in an evolutionary model of bargaining	6
Discussion of “Central bank digital currency: Stability and information”	6
Robust investment strategies with two risky assets	6
Quasi-analytical solution of an investment problem with decreasing investment cost due to technological innovations	6
The horseshoe prior for time-varying parameter VARs and Monetary Policy	6
New insights in capacity investment under uncertainty	6
Employee sentiment and stock returns	6
Public investment multipliers: Evidence from stock returns of the road pavement industry in Japan	6
Advertising patterns in a dynamic oligopolistic growing market with decay	6
Origins of monetary policy shifts: A New approach to regime switching in DSGE models	6
Qualitative versus quantitative external information for proxy vector autoregressive analysis	6
Monetary and macroprudential policy coordination with biased preferences	5
Coordinated bubbles and crashes	5
Estimation of heuristic switching in behavioral macroeconomic models	5
Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy	5
Quantum monte carlo for economics: Stress testing and macroeconomic deep learning	5
Market complete option valuation using a Jarrow-Rudd pricing tree with skewness and kurtosis	5
Consumer payment choice and the heterogeneous impact of India’s demonetization	5
Proxy Vector Autoregressions in a Data-rich Environment	5
Media-expressed tone, option characteristics, and stock return predictability	5
Default recovery rates and aggregate fluctuations	5
Risk pooling, intermediation efficiency, and the business cycle	5
A Social Network Analysis of Occupational Segregation	5
Payment schemes for sustaining cooperation in dynamic games	5
The fall in shadow banking and the slow U.S. recovery	5
Continuous vs. discrete time: Some computational insights	5
A general method for analysis and valuation of drawdown risk	5
Decomposing the output gap with inflation learning	5
The failure of stabilization policy: Balanced-budget fiscal rules in the presence of incompressible public expenditures	5
Identification of information networks in stock markets	5
The Phillips curve at 65: Time for time and frequency	5
From employee to entrepreneur: Learning, employer size, and spinout dynamics	5
Multi-agent-based VaR forecasting	5
Learning and misperception of makeup strategies	4
Interest rate changes and the cross-section of global equity returns	4
Spatial growth theory: Optimality and spatial heterogeneity	4
Money mining and price dynamics: The case of divisible currencies	4
The impact of bailouts on political turnover and sovereign default risk	4
Sustainable tourism	4
Short selling, divergence of opinion and volatility in the corporate bond market	4

Minding the gap between schools and universities	4
Dynamic pricing, reference price, and price-quality relationship	4
Are professional forecasters Bayesian?	4
A dynamic econometric analysis of the dollar-pound exchange rate in an era of structural breaks and policy regime shifts	4
The effect of uncertainty on the sensitivity of the yield curve to monetary policy surprises	4
The Jacobian of the exponential function	4
Investments, Energy, and Green Economy	4
Investment rules and time invariance under population growth	4
Do we reject restrictions identifying fiscal shocks? identification based on non-Gaussian innovations	4
The equivalent constant-elasticity-of-variance (CEV) volatility of the stochastic-alpha-beta-rho (SABR) model	4
Governance structure, technical change, and industry competition	4
Efficient solution and computation of models with occasionally binding constraints	4
Optimal market-Making strategies under synchronised order arrivals with deep neural networks	4
Monetary Policy and Asset Price Bubbles: A Laboratory Experiment	4
From ants to fishing vessels: a simple model for herding and exploitation of finite resources	4
Determinacy and classification of Markov-switching rational expectations models	4
The price adjustment hazard function: Evidence from high inflation periods	4
Optimal procurement and investment in new technologies under uncertainty	4
Migration and urban economic dynamics	4
Measured productivity with endogenous markups and economic profits	4
Oil price shocks and the hedging benefit of airline investments	3
Working, consuming, and dying: Quantifying the diversity in the american experience	3
Are government spending shocks inflationary at the zero lower bound? New evidence from daily data	3
Identification of Structural VAR Models via Independent Component Analysis: A Performance Evaluation Study	3
House price expectations and household consumption	3
Time to build and bond risk premia	3
Searching for ESG Information: Heterogeneous Preferences and Information Acquisition	3
Government intervention through informed trading in financial markets	3
The effect of environmental policies on risk reductions in energy generation	3
Forecasting in a complex environment: Machine learning sales expectations in a stock flow consistent agent-based simulation model	3
Emigration and fiscal austerity in a depression	3
Identifying monetary policy shocks using the central bank’s information set	3
Contracts, firm dynamics, and aggregate productivity	3
Evaluating the forecasting power of an open-economy DSGE model when estimated in a data-Rich environment	3
Far away from home: Investors’ underreaction to geographically dispersed information	3
Resilience of international trade to typhoon-related supply disruptions	3
Bayesian mixed-frequency quantile vector autoregression: Eliciting tail risks of monthly US GDP	3
Financial intermediation and occupational choice	3
Momentum and the Cross-section of Stock Volatility	3
Beyond distance: The spatial relationships of European regional economic growth	3
Short-run risk, business cycle, and the value premium	3
Diffusion in large networks	3
Backtesting macroprudential stress tests	3
Investment timing, capacity choice and optimal floors and ceilings	3
Commodity price shocks, labour market dynamics and monetary policy in small open economies	3
International trade and technological competition in markets with dynamic increasing returns	3
Technology, demand, and productivity: What an industry model tells us about business cycles	3
Rational bubbles: Too many to be true?	3
Information and inequality in the time of a pandemic	3
Integrated epi-econ assessment of vaccination	3
Solving linear rational expectations models in the presence of structural change: Some extensions	3
The electoral origin of government spending shocks	3
Estimation of DSGE models with the effective lower bound	3
Market liquidity and excess volatility: Theory and experiment	3
Private bank money vs central bank money: A historical lesson for CBDC introduction	3
MoNK: Mortgages in a New-Keynesian model	3
Macroeconomic stabilisation properties of a euro area unemployment insurance scheme	3
Fast estimation of a large TVP-VAR model with score-driven volatilities	3
Covid-19 in unequal societies	3
Welfare implications of switching to consumption taxation	3
Supply chain networks, trade and the Brexit deal: a general equilibrium analysis	3
Interbank asset-liability networks with fire sale management	3
Credit expansion, bank liberalization, and structural change in bank asset accounts	3
Inflation targeting and firm performance in developing countries	3
Media connection and return comovement	3
Property rights, expropriations, and business cycles in China	3
The extensive margin and US aggregate fluctuations: A quantitative assessment	3
Flexibility premium of emissions permits	3
On fiscal and monetary policy-induced macroeconomic volatility dynamics	2
Revisiting the optimal inflation rate with downward nominal wage rigidity: The role of heterogeneity	2
Measuring dynamic pandemic-related policy effects: A time-varying parameter multi-level dynamic factor model approach	2
International transmission of quantitative easing policies: Evidence from Canada	2
Underinvestment and optimal capital structure under environmental constraints	2
Equilibrium investment and reinsurance strategies under smooth ambiguity with a general second-order distribution	2
Search for profits and business fluctuations: How does banks’ behaviour explain cycles?	2
Portfolio instability and socially responsible investment: Experiments with financial professionals and students	2
Versatile forward guidance: escaping or switching?	2
Search Frictions and Evolving Labour Market Dynamics	2
Revisiting intertemporal elasticity of substitution in a sticky price model	2
Optimal adaptation to uncertain climate change	2
Disciplining expectations and the forward guidance puzzle	2
Discussion of “Central bank digital currency and monetary policy”	2
Skill-biased technical change and labor market inefficiency	2
Risk communication clarity and insurance demand: The case of the COVID-19 pandemic	2
Optimal monetary policy in developing countries: The role of informality	2
Under the same (Chole)sky: DNK models, timing restrictions and recursive identification of monetary policy shocks	2
Optimally sticky prices: Foundations	2
Looking ahead at the effects of automation in an economy with matching frictions	2
Social health insurance: A quantitative exploration	2
Two-stage investment, loan guarantees and share buybacks	2
A search-theoretic model of double-spending fraud	2
Asymmetries in risk premia, macroeconomic uncertainty and business cycles	2
Market stabilization fund and stock price crash risk: Evidence from the post-crash period	2
Does the bid–ask spread affect trading in exchange operated dark pools? Evidence from a natural experiment	2
High-frequency volatility modeling: A Markov-Switching Autoregressive Conditional Intensity model	2