Open Economies Review

Article	Citations
The Economic Effects of COVID-19 Containment Measures	109
An Apocalypse Foretold: Climate Shocks and Sovereign Defaults	15
Debt and Private Investment: Does the EU Suffer from a Debt Overhang?	13
Structural Tax Reforms and Public Spending Efficiency	12
Exchange Rates and Trade Balances: Effects of Intra-Industry Trade and Vertical Specialization	11
Yet it Endures: The Persistence of Original Sin	11
A New Class of Revealed Comparative Advantage Indexes	10
Exchange Rate Pass-Through, Monetary Policy, and Real Exchange Rates: Iceland and the 2008 Crisis	10
Going Viral: A Gravity Model of Infectious Diseases and Tourism Flows	10
Reserve Currencies in an Evolving International Monetary System	8
Austerity, Assistance and Institutions: Lessons from the Greek Sovereign Debt Crisis	8
Effect of Remittance Inflows on External Debt in Developing Countries	7
Business Cycle Co-Movement in Europe: Trade, Industry Composition and the Single Currency	7
US Sanctions Reinforce the Dollar’s Dominance	7
Fiscal Stabilization in the United States: Lessons for Monetary Unions	6
Covid-19 and Capital Flows: The Responses of Investors to the Responses of Governments	5
The European Monetary Policy Responses During the Pandemic Crisis	5
Monetary Policy Cooperation/Coordination and Global Financial Crises in Historical Perspective	5
50 Years of Capital Mobility in the Eurozone: Breaking the Feldstein-Horioka Puzzle	5
A Panel Data Analysis of Uncovered Interest Parity and Time-Varying Risk Premium	5
Household Debt and Economic Growth: Debt Service Matters	4
Technological Leaders, Laggards and Spillovers: A Network GVAR Analysis	4
Globalisation, Welfare Models and Social Expenditure in OECD Countries	4
Foreign and Domestic Uncertainty Shocks in Four Open Economies	3
Choosing the Narrative: the Shadow Banking Crisis in Light of Covid	3

Liberalizing Trade and Capital Flows and the Wage Gap: Does Sequencing Matter?	3
The Effects of Globalization on Skilled Labor, Unskilled Labor, and the Skill Premium	3
The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility	3
Risk Sharing in a Politically Divided Monetary Union	3
The Heterogenous Threshold Effects of Public Debt on Economic Growth: Empirical Evidence from Developing Countries	3
The Macroeconomic Controversy Over Price Rigidity — How to Resolve it and How Bayesian Estimation has Led us Astray	3
Financial Development, Political Instability, Trade Openness and Growth in Brazil: Evidence from a New Dataset, 1890-2003	3
When the United States and the People’s Republic of China Sneeze: Monetary Policy Spillovers to Asian Economies	2
Using Machine Learning to Capture Heterogeneity in Trade Agreements	2
Market Power, Productivity and Sectoral Labour Shares in Europe	2
New Evidence on WTO Membership After the Uruguay Round: An Analysis at the Sectoral Level	2
Income Inequality in the Over-Indebted Eurozone Countries and the Role of the Excessive Deficit Procedure	2
International Fiscal-Financial Spillovers:the Effect of Fiscal Shocks on Cross-Border Bank Lending	2
Fiscal Policy Spillovers in a Monetary Union	2
Gross Product, Population Distribution and Heterogeneity of Border Effects in Gravity Models of Trade	2
Econometric Aspects of Convergence: A Survey	2
Transforming East Asia: Regional Integration in a Trade War Era	2
Prospects for Reforming the Money and Financial 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 Aftermath of Anti-Dumping: Are Temporary Trade Barriers Really Temporary?	2
Money Growth, Money Velocity and Inflation in the US, 1948–2021	2
Identifying Export Opportunities: Empirical Evidence from the Southern Euro Area Countries	2
Currency Compositions of International Reserves and the Euro Crisis	2
World Commodity Prices and Economic Activity in Advanced and Emerging Economies	2
Is there Consumer Risk-Pooling in the Open Economy? The Evidence Reconsidered	2
The COVID-19 Pandemic and Chinese Trade Relations	2
Does Distance Matter for Trade in Services? The Case of Interprovincial Trade in Canada	2
Monetary Policy Announcements, Information Shocks, and Exchange Rate Dynamics	2
Money-Output Revisited: Time-Varying Granger Causality Evidence from Forty-Three Countries	1
What Have the Monetary Authorities Really Stabilised, and Does it Matter?	1
Macroeconomic Fluctuations in the United States: The Role of Monetary and Fiscal Policy Shocks	1
Religion and Equity Home Bias	1
Openness and Real Exchange Rate Volatility: Evidence from China	1
Market Shocks in the G7 Countries	1
Global Liquidity and Household Credit Growth	1
Policy Challenges for Open Economies	1
Long Memory, Spurious Memory: Persistence in Range-Based Volatility of Exchange Rates	1
Guaranteeing Trade in a Severe Crisis: Cash Collateral Over Bank Guarantees	1
Pandemics and Trade in the 21st Century: Evidence from five Pre-Covid Pandemics	1
Is There a Pervasive World Real Credit Cycle?	1
The Cost of a Currency Peg during the Great Recession	1
Global Shocks in the US Economy: Effects on Output and the Real Exchange Rate	1
Sudden Stops, Productivity and the Optimal Level of International Reserves for Small Open Economies	1
Computable General Equilibrium Models of Trade in the Modern Trade Policy Debate	1
The Rising Tides That Lift the Boats: Growth through Heterogeneous Convergence in Chinese Provinces	1
Indirect Inference and Small Sample Bias — Some Recent Results	1
On the International Spillover Effects of Uncertainty	1
Stationarity-Inducing Techniques in Small Open Economy Models with Collateral Constraints	1
Fiscal Space and Policy Response to Financial Crises: Market Access and Deficit Concerns	1
Did the Unconventional Monetary Policy of the U.S. Hurt Emerging Markets?	1

China’s Monetary Policy and the Loan Market: How Strong is the Credit Channel in China?	1
Exporter’s Productivity and the Cash-In-Advance Payment: Transaction-Level Analysis of Turkish Textile and Clothing Exports	1
Extreme Capital Flow Episodes From the Global Financial Crisis to COVID-19: An Exploration With Monthly Data	1
Correlates of Crisis Induced Credit Market Discipline: The Roles of Democracy, Veto Players, and Government Turnover	1
Testing for UIP-Type Relationships: Nonlinearities, Monetary Announcements and Interest Rate Expectations	1
Does Domestic Demand Matter for Firms’ Exports?	1
Multiplicity in New Keynesian Models	1
Revisiting Paul de Grauwe’s Chaotic Exchange Rate Model: New Analytical Insights and Agent-Based Explorations	1
Assessing the Effects of Capital Account Liberalization on Savings	1
Exchange Rate Regimes and Business Cycle Synchronization	1
The Law of One Food Price	1
Rising Wages and Intra-Country Industry Relocation: Evidence from China	1
One Shock, Many Policy Responses	1
Cultural Distance and International Trade	1
Taming the “Capital Flows-Credit Nexus”: A Sectoral Approach	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
Reserve Volatility and the Identification of Exchange Rate Regimes	0
Mapping the Global Business Cycle Network	0
Time-Varying Effects of External Shocks on Macroeconomic Fluctuations in Peru: An Empirical Application using TVP-VAR-SV Models	0
Foreign Aid and Recipient Countries’ Participation in Global Value Chains: A Comparative Study Based on Chinese and U.S. Aid	0
Original Sin Dissipation and Currency Exposures in Emerging Markets	0
Do Countries Converge to Their Steady States at Different Rates?	0
Removing Bias in Estimating Financial Contagion: An Empirical Analysis Based on European Economies	0
How Much Price Stickiness in Hong Kong? —Evidence from Small Open Economy DSGE and Indirect Inference	0
Sectoral Exchange Rate Pass-through to Manufacturing Prices: A GVAR Approach	0
The Role of Fiscal Policy — A Survey of Recent Empirical Findings	0
Effects of Redistribution on Growth in Brazil: A GVAR Approach	0
The Threshold Effect of Finance on Growth: Reassessing the Burden of Evidence	0
Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries	0
Real and Financial Integration in Asia – Recent Evidence and Policy Perspective	0
Regulatory Capital Requirements, Inflation Targeting, and Equilibrium Determinacy	0
The Determinants of FDI Reinvestment Rates	0
Correction to: Debt and Private Investment: Does the EU Suffer from a Debt Overhang?	0
International Reserve Management and Firm Investment in Emerging Market Economies	0
Forecasting Fiscal Crises in Emerging Markets and Low-Income Countries with Machine Learning Models	0
African Asylum Seekers in Europe: The Interplay between Foreign Aid and Governance in Origin Countries	0
Effectiveness of Fiscal Announcements: Early Evidence from COVID-19	0
Stock Market Uncertainty and Business Optimism in Major Emerging Economies	0
The Influence of Economic Institutions in the Debt-Growth Nexus: Evidence from Nigeria	0
The Controversy over European Inflation in 1500–1700: Precious Metals or Population? The English Evidence	0
The Gibson Paradox and the Fisher Effect in Advanced and Emerging Economies	0
Monetary Policy Strategies in Advanced and Emerging Economies	0
Big Data Analytics and Exports—Evidence for Manufacturing Firms from 27 EU Countries	0
Does the Interest Parity Puzzle Hold for Central and Eastern European Economies?	0
Global Firms, (de)unionization and Wage Inequality	0
Emerging Market Economies’ Challenge: Managing the Yield Curve in a Financially Globalized World	0
EU Sanctions on Russia and Implications for a Small Open Economy: The Case of Cyprus	0
“How Do Shocks Affect International Reserves? A Quasi-Experiment of Earthquakes”	0
The Flaw in the Plan: Information Transparency and International Tax Avoidance Channels	0
Financial Constraints and Firms’ Productivity: The Role of Participation in Global Value Chains	0
Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves	0
Uncertain Potential Output: Implications for Monetary Policy in a Small Open Economy	0
Building Bridges or Walls? Understanding Urban-Rural Price Convergence in China	0
The Shock Absorbing Role of Cross-border Investments: Net Positions Versus Currency Composition	0
Systemic Financial Crises and Income Inequality in OECD Countries	0
Why do they JUST DO IT? A Theory of Outsourcing and Working Conditions	0
Jacques Mélitz	0
Old Firms and New Export Flows: Does Experience Increase Survival?	0
Testing for Consumer Risk-Pooling in the Open Economy – further Results	0
Editorial – Recent Trends in International Reserves: Theory and Evidence	0
Asymmetric Shocks and the Role of Exchange Rate in Emerging Markets: Evidence from India	0
North and South: A Regional Model of the UK	0
The “Double Trap” in China—Multiple Equilibria in Institutions and Income and their Causal Relationship	0
Trade Diversion effects of China`s Vat Export Rebates	0
Forward Interest Rates as Predictors of Future US Spot Rates Before and After the 2008 Financial Crisis	0
A Match Made in Maastricht: Estimating The Treatment Effect of the Euro On Trade	0
Firm Heterogeneity, Home Market Effect, and Gravity Equation in an Oligopoly	0
Assessing Digital Leadership: Is the EU Losing Out to the US?	0
Navigating Integration Through Rising Complexity: Convergence Dynamics in the ASEAN Banking Markets	0
Capital Controls or Macroprudential Policies: Which is Better for Land Booms and Busts?	0
Can Regional Trade Agreements Negatively Impact Primary Schooling?	0
Exchange Rate Volatility and Firms’ Export Decisions: Evidence from Exporter Dynamics Database	0
Current Account Adjustment of the Euro Area in the 2010s: Causes and Policies	0
Which Capital Flow Surge Methods Are Better at Predicting Reversals and Sudden Stops?: Balancing Type 1 and Type 2 Errors	0
Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles	0
Determinants of Net Transactions in TARGET2 of European Banks Based on Micro-data	0
Monetary Policy is Not Always Systematic and Data-Driven: Evidence from the Yield Curve	0
Monetary Policy and Determinacy: An Inquiry into Open Economy New Keynesian Macrodynamics	0
Responses of Foreign Exchange Market to External Shocks: What Makes Differences?	0

The Effects of Corruption in a Monetary Union	0
Capital Mobility Based on Onshore-Offshore Arbitrage: Empirical Evidence from India and China	0
Convergence in Financial Development and Growth	0
Revisiting the Impact of US Uncertainty Shocks: New Evidence from China’s Investment Dynamics	0
The Geographical Scope of Multinational Firms and Heterogeneity	0
Introduction: Consensus on Convergence	0
The Impacts of Financial Crises on the Trilemma Configurations	0
Current Account Imbalances, Real Exchange Rates, and Nominal Exchange Rate Variability	0
Measuring Inflation During the Pandemic with the Benefit of Hindsight	0
Macroprudential Policies and Global Banking	0
Greece 2010–18: What Could Have Been Done Differently?	0
Effectiveness of Macroprudential Policies on Credit Surge and Stop Episodes	0
Nowcasting Real GDP for Saudi Arabia1*	0
Correction: Editorial – Recent Trends in International Reserves: Theory and Evidence	0
Collateral Misrepresentation, External Auditing, and Optimal Supervisory Policy	0
The Revival of Target Zone Modeling	0
Do Financial Markets Value Quality of Fiscal Governance?	0
The Government Spending Multiplier in the Presence of the Informal Sector	0
Lifting the Veil: Using a Spatial Discontinuity to Assess the Impact of National Development Zones on Upgrading of Chinese Manufacturing	0
Strategic Asset Allocation of a Reserves’ Portfolio: Hedging Against Shocks	0
Gravity in the Beautiful Game: Labor Market Liberalization and Footballer Migration	0
Third-Country Effects of Export Incentives	0
Distributional Effects of Structural Reforms in Developing Countries: Evidence from Financial Liberalization	0
What Drives Illicit Financial Flows? An Empirical Study of Trade Data Discrepancies	0
Optimum Currency Area in the Eurozone	0