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

Article	Citations
Effectiveness of Fiscal Announcements: Early Evidence from COVID-19	37
The Shock Absorbing Role of Cross-border Investments: Net Positions Versus Currency Composition	20
Did the Bank of England’s Quantitative Easing Programme Become Fiscally Wasteful?	17
Money Growth, Money Velocity and Inflation in the US, 1948–2021	13
Removing Bias in Estimating Financial Contagion: An Empirical Analysis Based on European Economies	11
Money-Output Revisited: Time-Varying Granger Causality Evidence from Forty-Three Countries	10
The Influence of Economic Institutions in the Debt-Growth Nexus: Evidence from Nigeria	9
Third-Country Effects of Export Incentives	8
Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles	8
The Gibson Paradox and the Fisher Effect in Advanced and Emerging Economies	8
Sectoral Exchange Rate Pass-through to Manufacturing Prices: A GVAR Approach	7
Testing for Consumer Risk-Pooling in the Open Economy – further Results	7
Capital Mobility Based on Onshore-Offshore Arbitrage: Empirical Evidence from India and China	7
Firm Heterogeneity, Home Market Effect, and Gravity Equation in an Oligopoly	6
Do Countries Converge to Their Steady States at Different Rates?	6
The Asymmetric Effects of Economic Policy Uncertainty Changes on Unemployment in the G7 Countries	6
Openness and Real Exchange Rate Volatility: Evidence from China	5
Old Firms and New Export Flows: Does Experience Increase Survival?	5
International Trade Liberalization, Human Capital Accumulation, and Economic Growth	5
European Monetary Integration and Transatlantic Investment: Assessing US Outward FDI to the EU	5
Financial Development, Political Instability, Trade Openness and Growth in Brazil: Evidence from a New Dataset, 1890-2003	5
We Want What They’re Having: Cross-Country Endogenous Preferences in International Trade	5
The Determinants of the Implementation Speed of Cohesion Projects in Europe: A Regional and Project-level Analysis	5
Central Bank Reserves and Currency Volatility	4
Foreign Aid and Recipient Countries’ Participation in Global Value Chains: A Comparative Study Based on Chinese and U.S. Aid	4

Religion and Equity Home Bias	4
Global Firms, (de)unionization and Wage Inequality	4
“How Do Shocks Affect International Reserves? A Quasi-Experiment of Earthquakes”	4
Macroeconomic Fluctuations in the United States: The Role of Monetary and Fiscal Policy Shocks	4
Fiscal Stabilization in the United States: Lessons for Monetary Unions	4
The Cost of a Currency Peg during the Great Recession	3
The Role of Systemic Risk Spillovers in the Transmission of Euro Area Monetary Policy	3
Threshold Effects of External Debt on Economic Growth in Sub-Saharan Africa	3
"Driving"Policy Impact: The Multiplier Effect of Proximity to Transport Infrastructure	3
International Reserve Management and Firm Investment in Emerging Market Economies	3
The Role of Fiscal Policy — A Survey of Recent Empirical Findings	3
Explaining the Endurance of Price Level Differences in the Euro Area	3
Time-Varying Effects of External Shocks on Macroeconomic Fluctuations in Peru: An Empirical Application using TVP-VAR-SV Models	3
Measuring Inflation During the Pandemic with the Benefit of Hindsight	2
Exchange Rate Volatility and Firms’ Export Decisions: Evidence from Exporter Dynamics Database	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
Monetary Policy Strategies in Advanced and Emerging Economies	2
Investigating the Headline vs. Core Inflation Debate: Does Inflation Targeting Kill Two Birds with One Stone?	2
Triangular Speculative Attacks	2
Long Memory, Spurious Memory: Persistence in Range-Based Volatility of Exchange Rates	2
Rising Wages and Intra-Country Industry Relocation: Evidence from China	2
Membership in the World Trade Organization and Trade Policy Space in Developing Countries	2
Big Data Analytics and Exports—Evidence for Manufacturing Firms from 27 EU Countries	2
Trade Flows, Spatial Effects and Cohesion Policy in the EU Regions	2
What Drives Illicit Financial Flows? An Empirical Study of Trade Data Discrepancies	2
The Flaw in the Plan: Information Transparency and International Tax Avoidance Channels	2
Trade Fragmentation in the World of Fragmented Capitalism: Trade of Liberal, Coordinated, and Dependent Market Economies in Times of Deglobalization	2
Optimum Currency Area in the Eurozone	2
Can Regional Trade Agreements Negatively Impact Primary Schooling?	2
Reserve Currencies in an Evolving International Monetary System	2
Unanticipated Shocks to the Fed and Exchange Rate Market Pressures	2
What About the Impact of Dollarization on Poverty and Inequality?	1
Regional Economic Impact of Covid-19: the Role of Sectoral Structure and Trade Linkages	1
The Revival of Target Zone Modeling	1
Global Shocks in the US Economy: Effects on Output and the Real Exchange Rate	1
Sovereign Defaults and Debt Sustainability: A Joint Analysis	1
Geopolitical Decoupling and Strategic Export Reallocation: Evidence from China’s ‘Made in China 2025’ Sectors during the 2018–2019 U.S.–China Trade War	1
A Global Network of Economic Policy Uncertainty Spillovers	1
Effects of Redistribution on Growth in Brazil: A GVAR Approach	1
Lobbying for IPR-Protection in North-South Trade with R&D Offshoring	1
When the United States and the People’s Republic of China Sneeze: Monetary Policy Spillovers to Asian Economies	1
The Rising Tides That Lift the Boats: Growth through Heterogeneous Convergence in Chinese Provinces	1
Correction: Editorial – Recent Trends in International Reserves: Theory and Evidence	1
Was the KORUS FTA a Horrible Deal?	1
Effectiveness of Macroprudential Policies on Credit Surge and Stop Episodes	1
The “Double Trap” in China—Multiple Equilibria in Institutions and Income and their Causal Relationship	1
Integrating Technical Knowledge and Entrepreneurial Skills in Production: A Deconfounding Approach	1
Jacques Mélitz	1
Structural Shocks in the Global Copper Market: Evidence from an SVAR Model and China’s Macroeconomic Influence	1
Redistributing Central Bank Incomes and Expenses Across the Eurosystem: the Eurosystem’s Monetary Income	1

Economic Transformations Through Production Relocation: Insights from the US-China Dynamic	1
NUTS2 Data Analysis of the Impact of EU Cohesion Funds on Gross Value Added in Italy by Industry	1
Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves	1
Revisiting the Impact of US Uncertainty Shocks: New Evidence from China’s Investment Dynamics	1
Identifying Export Opportunities: Empirical Evidence from the Southern Euro Area Countries	1
Strategic Asset Allocation of a Reserves’ Portfolio: Hedging Against Shocks	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
Editorial – Recent Trends in International Reserves: Theory and Evidence	1
Currency Compositions of International Reserves and the Euro Crisis	1
Nascent Markets: Understanding the Success and Failure of New Stock Markets	1
Lifting the Veil: Using a Spatial Discontinuity to Assess the Impact of National Development Zones on Upgrading of Chinese Manufacturing	1
Global Liquidity and Household Credit Growth	1
Repayment of EU Bailout Loans in a Member-country of the ES: The Case of Greece	1
The Role of Robotization in Reshoring and the Implications on International Trade	1
The Effects of Oil Price Shocks: A Dynamic SVAR Analysis of the Terms of Trade, Industrial Production, and Inflation	1
Gross Product, Population Distribution and Heterogeneity of Border Effects in Gravity Models of Trade	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
Output and Money Growth in the Euro Area	1
What Have the Monetary Authorities Really Stabilised, and Does it Matter?	1