Open Economies Review

Article	Citations
The Economic Effects of COVID-19 Containment Measures	89
Real Exchange Rate Misalignments in the Euro Area	55
The Effectiveness of Capital Controls	36
Financial Spillovers and Macroprudential Policies	23
Exchange Rates and Trade Balances: Effects of Intra-Industry Trade and Vertical Specialization	10
Debt and Private Investment: Does the EU Suffer from a Debt Overhang?	9
Structural Tax Reforms and Public Spending Efficiency	9
Going Viral: A Gravity Model of Infectious Diseases and Tourism Flows	9
An Apocalypse Foretold: Climate Shocks and Sovereign Defaults	8
A New Class of Revealed Comparative Advantage Indexes	8
Earthquakes and Economic Outcomes: Does Central Bank Independence Matter?	8
Austerity, Assistance and Institutions: Lessons from the Greek Sovereign Debt Crisis	7
Exchange Rate Pass-Through, Monetary Policy, and Real Exchange Rates: Iceland and the 2008 Crisis	7
Unconventional Monetary Policy in a Small Open Economy	7
Fiscal Stabilization in the United States: Lessons for Monetary Unions	6
Yet it Endures: The Persistence of Original Sin	6
Why Do Countries Form Regional Trade Agreements? A Discrete-Time Survival Analysis	6
Government Revenue and Child and Maternal Mortality	6
A Panel Data Analysis of Uncovered Interest Parity and Time-Varying Risk Premium	5
Global vs Sectoral Factors and the Impact of the Financialization in Commodity Price Changes	5
Exchange Rates and Insulation in Emerging Markets	5
Covid-19 and Capital Flows: The Responses of Investors to the Responses of Governments	5
Business Cycle Co-Movement in Europe: Trade, Industry Composition and the Single Currency	5
50 Years of Capital Mobility in the Eurozone: Breaking the Feldstein-Horioka Puzzle	4
US Sanctions Reinforce the Dollar’s Dominance	4

Asymmetric Link between U.S. Tariff Policy and Income Distribution: Evidence from State Level Data	4
The European Monetary Policy Responses During the Pandemic Crisis	4
Household Debt and Economic Growth: Debt Service Matters	4
Inequality and Economic Growth in the UK	3
Effect of Remittance Inflows on External Debt in Developing Countries	3
The CAPM, National Stock Market Betas, and Macroeconomic Covariates: a Global Analysis	3
Globalisation, Welfare Models and Social Expenditure in OECD Countries	3
Choosing the Narrative: the Shadow Banking Crisis in Light of Covid	3
Monetary Policy Cooperation/Coordination and Global Financial Crises in Historical Perspective	3
Provincial Interdependence and China’s “Irrational” Outward Foreign Direct Investment	3
Risk Sharing in a Politically Divided Monetary Union	3
Access to Finance, Technology Investments and Exporting Decisions of Indian Services Firms	2
The Political-Economy Trilemma	2
Income Inequality in the Over-Indebted Eurozone Countries and the Role of the Excessive Deficit Procedure	2
Fiscal Federalism in a Monetary Union: The No-Cooperation Pitfall	2
What Do Deviations from Covered Interest Parity and Higher FX Hedging Costs Mean for Asia?	2
Liberalizing Trade and Capital Flows and the Wage Gap: Does Sequencing Matter?	2
The Relative Importance of Monetary Policy, Uncertainty, and Financial Shocks	2
Technological Leaders, Laggards and Spillovers: A Network GVAR Analysis	2
Foreign and Domestic Uncertainty Shocks in Four Open Economies	2
Sectoral Exchange Rate Pass-through to Manufacturing Prices: A GVAR Approach	2
Exchange Rate Pass-Through to Consumer Prices: The Increasing Role of Energy Prices	2
Exchange Rate Pass-through in China: A Cost-Push Input-Output Price Model	2
Currency Compositions of International Reserves and the Euro Crisis	2
The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility	2
The Macroeconomic Controversy Over Price Rigidity — How to Resolve it and How Bayesian Estimation has Led us Astray	2
Does Distance Matter for Trade in Services? The Case of Interprovincial Trade in Canada	2
The Trade Effects of the EU-South Korea Free Trade Agreement: Heterogeneity Across Time, Country Pairs, and Directions of Trade within Country Pairs	1
Is there Consumer Risk-Pooling in the Open Economy? The Evidence Reconsidered	1
Guaranteeing Trade in a Severe Crisis: Cash Collateral Over Bank Guarantees	1
Time-Varying Effects of External Shocks on Macroeconomic Fluctuations in Peru: An Empirical Application using TVP-VAR-SV Models	1
Testing for UIP-Type Relationships: Nonlinearities, Monetary Announcements and Interest Rate Expectations	1
(De)Industrialization, Technology and Transportation	1
Extreme Bounds Analysis in Early Warning Systems for Currency Crises	1
Multiplicity in New Keynesian Models	1
The Present-Value Model of the Exchange Rate with a Persistently Time-Varying Risk Premium: Evidence from the Dollar-Yen Rate	1
Market Shocks in the G7 Countries	1
Policy Challenges for Open Economies	1
New Evidence on WTO Membership After the Uruguay Round: An Analysis at the Sectoral Level	1
Pandemics and Trade in the 21st Century: Evidence from five Pre-Covid Pandemics	1
Did the Unconventional Monetary Policy of the U.S. Hurt Emerging Markets?	1
Correlates of Crisis Induced Credit Market Discipline: The Roles of Democracy, Veto Players, and Government Turnover	1
Macroeconomic Fluctuations in the United States: The Role of Monetary and Fiscal Policy Shocks	1
Computable General Equilibrium Models of Trade in the Modern Trade Policy Debate	1
Financial Development, Political Instability, Trade Openness and Growth in Brazil: Evidence from a New Dataset, 1890-2003	1
Market Power, Productivity and Sectoral Labour Shares in Europe	1
On the International Spillover Effects of Uncertainty	1
Exchange Rate Regimes and Business Cycle Synchronization	1
Prospects for Reforming the Money and Financial System	1
The COVID-19 Pandemic and Chinese Trade Relations	1

The Aftermath of Anti-Dumping: Are Temporary Trade Barriers Really Temporary?	1
What Have the Monetary Authorities Really Stabilised, and Does it Matter?	1
Gross Product, Population Distribution and Heterogeneity of Border Effects in Gravity Models of Trade	1
The Condemned Live Longer – New Evidence of the New Keynesian Phillips Curve in Central and Eastern Europe	1
The Effects of Globalization on Skilled Labor, Unskilled Labor, and the Skill Premium	1
Revisiting Paul de Grauwe’s Chaotic Exchange Rate Model: New Analytical Insights and Agent-Based Explorations	1
Reserve Currencies in an Evolving International Monetary System	1
Uncertain Potential Output: Implications for Monetary Policy in a Small Open Economy	0
The Law of One Food Price	0
Old Firms and New Export Flows: Does Experience Increase Survival?	0
African Asylum Seekers in Europe: The Interplay between Foreign Aid and Governance in Origin Countries	0
Systemic Financial Crises and Income Inequality in OECD Countries	0
Correction: Editorial – Recent Trends in International Reserves: Theory and Evidence	0
Current Account Imbalances, Real Exchange Rates, and Nominal Exchange Rate Variability	0
Third-Country Effects of Export Incentives	0
Global Shocks in the US Economy: Effects on Output and the Real Exchange Rate	0
The Revival of Target Zone Modeling	0
Does the Interest Parity Puzzle Hold for Central and Eastern European Economies?	0
The Cost of a Currency Peg during the Great Recession	0
The Gibson Paradox and the Fisher Effect in Advanced and Emerging Economies	0
Revisiting the Impact of US Uncertainty Shocks: New Evidence from China’s Investment Dynamics	0
Do Monetary Policy Shocks Have Asymmetric Effects on Stock Market?	0
The Role of Systemic Risk Spillovers in the Transmission of Euro Area Monetary Policy	0
Determinants of Net Transactions in TARGET2 of European Banks Based on Micro-data	0
Gravity in the Beautiful Game: Labor Market Liberalization and Footballer Migration	0
Is There a Pervasive World Real Credit Cycle?	0
When the United States and the People’s Republic of China Sneeze: Monetary Policy Spillovers to Asian Economies	0
Can Regional Trade Agreements Negatively Impact Primary Schooling?	0
The Shock Absorbing Role of Cross-border Investments: Net Positions Versus Currency Composition	0
Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves	0
Emerging Market Economies’ Challenge: Managing the Yield Curve in a Financially Globalized World	0
Does Domestic Demand Matter for Firms’ Exports?	0
Effectiveness of Macroprudential Policies on Credit Surge and Stop Episodes	0
Jacques Mélitz	0
Current Account Adjustment of the Euro Area in the 2010s: Causes and Policies	0
World Commodity Prices and Economic Activity in Advanced and Emerging Economies	0
Monetary Policy Announcements, Information Shocks, and Exchange Rate Dynamics	0
The Geographical Scope of Multinational Firms and Heterogeneity	0
Correction to: Debt and Private Investment: Does the EU Suffer from a Debt Overhang?	0
Forecasting Fiscal Crises in Emerging Markets and Low-Income Countries with Machine Learning Models	0
Differential Tariffs and Income Inequality in the United States: Some Evidence from the States	0
Greece 2010–18: What Could Have Been Done Differently?	0
Strategic Asset Allocation of a Reserves’ Portfolio: Hedging Against Shocks	0
The “Double Trap” in China—Multiple Equilibria in Institutions and Income and their Causal Relationship	0
International Fiscal-Financial Spillovers:the Effect of Fiscal Shocks on Cross-Border Bank Lending	0
Nowcasting Real GDP for Saudi Arabia1*	0
China’s Monetary Policy and the Loan Market: How Strong is the Credit Channel in China?	0
The Government Spending Multiplier in the Presence of the Informal Sector	0
The Controversy over European Inflation in 1500–1700: Precious Metals or Population? The English Evidence	0
Cultural Distance and International Trade	0
Religion and Equity Home Bias	0
Assessing the Effects of Capital Account Liberalization on Savings	0
One Shock, Many Policy Responses	0
Reserve Volatility and the Identification of Exchange Rate Regimes	0
Monetary Policy Strategies in Advanced and Emerging Economies	0
Effectiveness of Fiscal Announcements: Early Evidence from COVID-19	0
Fiscal Space and Policy Response to Financial Crises: Market Access and Deficit Concerns	0
What Drives Illicit Financial Flows? An Empirical Study of Trade Data Discrepancies	0
Editorial – Recent Trends in International Reserves: Theory and Evidence	0
Sudden Stops, Productivity and the Optimal Level of International Reserves for Small Open Economies	0
Monetary Policy is Not Always Systematic and Data-Driven: Evidence from the Yield Curve	0
The Effects of Corruption in a Monetary Union	0
Real and Financial Integration in Asia – Recent Evidence and Policy Perspective	0
Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries	0
Capital Inflows and Costs: The Role of the Euro	0
Stationarity-Inducing Techniques in Small Open Economy Models with Collateral Constraints	0
Openness and Real Exchange Rate Volatility: Evidence from China	0
Do Financial Markets Value Quality of Fiscal Governance?	0
A Match Made in Maastricht: Estimating The Treatment Effect of the Euro On Trade	0
Why do they JUST DO IT? A Theory of Outsourcing and Working Conditions	0
Econometric Aspects of Convergence: A Survey	0
The Influence of Economic Institutions in the Debt-Growth Nexus: Evidence from Nigeria	0
On Cross-Country Differences in the Contribution of Nontraded Goods to Real Exchange Rate Fluctuations	0
Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles	0
Forward Interest Rates as Predictors of Future US Spot Rates Before and After the 2008 Financial Crisis	0
Rising Wages and Intra-Country Industry Relocation: Evidence from China	0
Identifying Export Opportunities: Empirical Evidence from the Southern Euro Area Countries	0
Collateral Misrepresentation, External Auditing, and Optimal Supervisory Policy	0
Global Liquidity and Household Credit Growth	0
Fiscal Policy Spillovers in a Monetary Union	0

Global Firms, (de)unionization and Wage Inequality	0
Distributional Effects of Structural Reforms in Developing Countries: Evidence from Financial Liberalization	0
Monetary Policy and Determinacy: An Inquiry into Open Economy New Keynesian Macrodynamics	0
Using Machine Learning to Capture Heterogeneity in Trade Agreements	0
Indirect Inference and Small Sample Bias — Some Recent Results	0
Money Growth, Money Velocity and Inflation in the US, 1948–2021	0
Introduction to the Special Issue on “Exchange Rates, Financial Integration and Uncertainty”	0
Transforming East Asia: Regional Integration in a Trade War Era	0
The Impacts of Financial Crises on the Trilemma Configurations	0
“How Do Shocks Affect International Reserves? A Quasi-Experiment of Earthquakes”	0
Mapping the Global Business Cycle Network	0
International Capital Flows and Extreme Exchange Market Pressure: Evidence from Emerging Market Economies	0
Long Memory, Spurious Memory: Persistence in Range-Based Volatility of Exchange Rates	0
North and South: A Regional Model of the UK	0