OOIR: Observatory of International Research

Papers

(The median citation count of Open Economies Review is 1. 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 2021-05-01 to 2025-05-01.)

Article	Citations
Removing Bias in Estimating Financial Contagion: An Empirical Analysis Based on European Economies	125
Collateral Misrepresentation, External Auditing, and Optimal Supervisory Policy	19
Effectiveness of Fiscal Announcements: Early Evidence from COVID-19	18
The Shock Absorbing Role of Cross-border Investments: Net Positions Versus Currency Composition	18
Money-Output Revisited: Time-Varying Granger Causality Evidence from Forty-Three Countries	15
Did the Bank of England’s Quantitative Easing Programme Become Fiscally Wasteful?	14
Money Growth, Money Velocity and Inflation in the US, 1948–2021	12
The Influence of Economic Institutions in the Debt-Growth Nexus: Evidence from Nigeria	11
Third-Country Effects of Export Incentives	10
The Aftermath of Anti-Dumping: Are Temporary Trade Barriers Really Temporary?	8
World Commodity Prices and Economic Activity in Advanced and Emerging Economies	7
Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles	7
The Gibson Paradox and the Fisher Effect in Advanced and Emerging Economies	7
Testing for Consumer Risk-Pooling in the Open Economy – further Results	6
Do Countries Converge to Their Steady States at Different Rates?	6
Firm Heterogeneity, Home Market Effect, and Gravity Equation in an Oligopoly	6
The Economic Effects of COVID-19 Containment Measures	6
Capital Mobility Based on Onshore-Offshore Arbitrage: Empirical Evidence from India and China	6
Sectoral Exchange Rate Pass-through to Manufacturing Prices: A GVAR Approach	5
Market Power, Productivity and Sectoral Labour Shares in Europe	5
African Asylum Seekers in Europe: The Interplay between Foreign Aid and Governance in Origin Countries	5
Multiplicity in New Keynesian Models	4
Global Firms, (de)unionization and Wage Inequality	4
International Trade Liberalization, Human Capital Accumulation, and Economic Growth	4
“How Do Shocks Affect International Reserves? A Quasi-Experiment of Earthquakes”	4

Financial Development, Political Instability, Trade Openness and Growth in Brazil: Evidence from a New Dataset, 1890-2003	4
Openness and Real Exchange Rate Volatility: Evidence from China	4
Religion and Equity Home Bias	4
Old Firms and New Export Flows: Does Experience Increase Survival?	4
Foreign Aid and Recipient Countries’ Participation in Global Value Chains: A Comparative Study Based on Chinese and U.S. Aid	3
Time-Varying Effects of External Shocks on Macroeconomic Fluctuations in Peru: An Empirical Application using TVP-VAR-SV Models	3
Explaining the Endurance of Price Level Differences in the Euro Area	3
Rising Wages and Intra-Country Industry Relocation: Evidence from China	3
International Reserve Management and Firm Investment in Emerging Market Economies	3
Macroeconomic Fluctuations in the United States: The Role of Monetary and Fiscal Policy Shocks	3
Forward Interest Rates as Predictors of Future US Spot Rates Before and After the 2008 Financial Crisis	3
Optimum Currency Area in the Eurozone	3
Exchange Rate Volatility and Firms’ Export Decisions: Evidence from Exporter Dynamics Database	3
The Cost of a Currency Peg during the Great Recession	3
Fiscal Stabilization in the United States: Lessons for Monetary Unions	3
The Role of Fiscal Policy — A Survey of Recent Empirical Findings	3
Fiscal Policy Spillovers in a Monetary Union	3
The Role of Systemic Risk Spillovers in the Transmission of Euro Area Monetary Policy	3
Correction to: Debt and Private Investment: Does the EU Suffer from a Debt Overhang?	2
Long Memory, Spurious Memory: Persistence in Range-Based Volatility of Exchange Rates	2
Measuring Inflation During the Pandemic with the Benefit of Hindsight	2
Big Data Analytics and Exports—Evidence for Manufacturing Firms from 27 EU Countries	2
Reserve Currencies in an Evolving International Monetary System	2
The Trade Effects of the EU-South Korea Free Trade Agreement: Heterogeneity Across Time, Country Pairs, and Directions of Trade within Country Pairs	2
The Flaw in the Plan: Information Transparency and International Tax Avoidance Channels	2
Structural Tax Reforms and Public Spending Efficiency	2
Monetary Policy Strategies in Advanced and Emerging Economies	2
What Drives Illicit Financial Flows? An Empirical Study of Trade Data Discrepancies	2
Going Viral: A Gravity Model of Infectious Diseases and Tourism Flows	2
Do Financial Markets Value Quality of Fiscal Governance?	2
Prospects for Reforming the Money and Financial System	2
Can Regional Trade Agreements Negatively Impact Primary Schooling?	2
Technological Leaders, Laggards and Spillovers: A Network GVAR Analysis	2
North and South: A Regional Model of the UK	1
Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves	1
Gross Product, Population Distribution and Heterogeneity of Border Effects in Gravity Models of Trade	1
An Apocalypse Foretold: Climate Shocks and Sovereign Defaults	1
Correction: Editorial – Recent Trends in International Reserves: Theory and Evidence	1
Extreme Capital Flow Episodes From the Global Financial Crisis to COVID-19: An Exploration With Monthly Data	1
Monetary Policy Announcements, Information Shocks, and Exchange Rate Dynamics	1
The Government Spending Multiplier in the Presence of the Informal Sector	1
Global Liquidity and Household Credit Growth	1
The Revival of Target Zone Modeling	1
The “Double Trap” in China—Multiple Equilibria in Institutions and Income and their Causal Relationship	1
Global Shocks in the US Economy: Effects on Output and the Real Exchange Rate	1
When the United States and the People’s Republic of China Sneeze: Monetary Policy Spillovers to Asian Economies	1
Revisiting the Impact of US Uncertainty Shocks: New Evidence from China’s Investment Dynamics	1
Strategic Asset Allocation of a Reserves’ Portfolio: Hedging Against Shocks	1
Determinants of Net Transactions in TARGET2 of European Banks Based on Micro-data	1
Taming the “Capital Flows-Credit Nexus”: A Sectoral Approach	1

Exchange Rate Regimes and Business Cycle Synchronization	1
What Have the Monetary Authorities Really Stabilised, and Does it Matter?	1
Jacques Mélitz	1
Currency Compositions of International Reserves and the Euro Crisis	1
Redistributing Central Bank Incomes and Expenses Across the Eurosystem: the Eurosystem’s Monetary Income	1
Editorial – Recent Trends in International Reserves: Theory and Evidence	1
Identifying Export Opportunities: Empirical Evidence from the Southern Euro Area Countries	1
Does Domestic Demand Matter for Firms’ Exports?	1
Effectiveness of Macroprudential Policies on Credit Surge and Stop Episodes	1
The Rising Tides That Lift the Boats: Growth through Heterogeneous Convergence in Chinese Provinces	1
Globalisation, Welfare Models and Social Expenditure in OECD Countries	1
Debt and Private Investment: Does the EU Suffer from a Debt Overhang?	1
Correlates of Crisis Induced Credit Market Discipline: The Roles of Democracy, Veto Players, and Government Turnover	1
A New Class of Revealed Comparative Advantage Indexes	1
Effects of Redistribution on Growth in Brazil: A GVAR Approach	1
Lifting the Veil: Using a Spatial Discontinuity to Assess the Impact of National Development Zones on Upgrading of Chinese Manufacturing	1