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 2021-11-01 to 2025-11-01.)

Article	Citations
Collateral Misrepresentation, External Auditing, and Optimal Supervisory Policy	136
Effectiveness of Fiscal Announcements: Early Evidence from COVID-19	32
The Shock Absorbing Role of Cross-border Investments: Net Positions Versus Currency Composition	20
Money Growth, Money Velocity and Inflation in the US, 1948–2021	16
Removing Bias in Estimating Financial Contagion: An Empirical Analysis Based on European Economies	16
Money-Output Revisited: Time-Varying Granger Causality Evidence from Forty-Three Countries	13
Did the Bank of England’s Quantitative Easing Programme Become Fiscally Wasteful?	12
The Gibson Paradox and the Fisher Effect in Advanced and Emerging Economies	9
The Influence of Economic Institutions in the Debt-Growth Nexus: Evidence from Nigeria	9
The Aftermath of Anti-Dumping: Are Temporary Trade Barriers Really Temporary?	9
Evaluating the Treatment Effect of Hard Pegs: New Wine in Old Bottles	8
Third-Country Effects of Export Incentives	8
Testing for Consumer Risk-Pooling in the Open Economy – further Results	8
Do Countries Converge to Their Steady States at Different Rates?	8
Capital Mobility Based on Onshore-Offshore Arbitrage: Empirical Evidence from India and China	8
Firm Heterogeneity, Home Market Effect, and Gravity Equation in an Oligopoly	7
African Asylum Seekers in Europe: The Interplay between Foreign Aid and Governance in Origin Countries	7
The Asymmetric Effects of Economic Policy Uncertainty Changes on Unemployment in the G7 Countries	7
Sectoral Exchange Rate Pass-through to Manufacturing Prices: A GVAR Approach	6
We Want What They’re Having: Cross-Country Endogenous Preferences in International Trade	6
Old Firms and New Export Flows: Does Experience Increase Survival?	6
The Economic Effects of COVID-19 Containment Measures	6
Market Power, Productivity and Sectoral Labour Shares in Europe	6
Openness and Real Exchange Rate Volatility: Evidence from China	5
Financial Development, Political Instability, Trade Openness and Growth in Brazil: Evidence from a New Dataset, 1890-2003	5

The Determinants of the Implementation Speed of Cohesion Projects in Europe: A Regional and Project-level Analysis	5
International Trade Liberalization, Human Capital Accumulation, and Economic Growth	5
European Monetary Integration and Transatlantic Investment: Assessing US Outward FDI to the EU	4
Fiscal Stabilization in the United States: Lessons for Monetary Unions	4
“How Do Shocks Affect International Reserves? A Quasi-Experiment of Earthquakes”	4
Global Firms, (de)unionization and Wage Inequality	4
Multiplicity in New Keynesian Models	4
Religion and Equity Home Bias	4
Foreign Aid and Recipient Countries’ Participation in Global Value Chains: A Comparative Study Based on Chinese and U.S. Aid	4
Central Bank Reserves and Currency Volatility	3
The Cost of a Currency Peg during the Great Recession	3
Time-Varying Effects of External Shocks on Macroeconomic Fluctuations in Peru: An Empirical Application using TVP-VAR-SV Models	3
The Role of Systemic Risk Spillovers in the Transmission of Euro Area Monetary Policy	3
Macroeconomic Fluctuations in the United States: The Role of Monetary and Fiscal Policy Shocks	3
"Driving"Policy Impact: The Multiplier Effect of Proximity to Transport Infrastructure	3
Threshold Effects of External Debt on Economic Growth in Sub-Saharan Africa	3
International Reserve Management and Firm Investment in Emerging Market Economies	3
The Role of Fiscal Policy — A Survey of Recent Empirical Findings	3
Forward Interest Rates as Predictors of Future US Spot Rates Before and After the 2008 Financial Crisis	3
Explaining the Endurance of Price Level Differences in the Euro Area	3
Fiscal Policy Spillovers in a Monetary Union	3
Measuring Inflation During the Pandemic with the Benefit of Hindsight	2
Optimum Currency Area in the Eurozone	2
Rising Wages and Intra-Country Industry Relocation: Evidence from China	2
Can Regional Trade Agreements Negatively Impact Primary Schooling?	2
Structural Tax Reforms and Public Spending Efficiency	2
Trade Flows, Spatial Effects and Cohesion Policy in the EU Regions	2
Long Memory, Spurious Memory: Persistence in Range-Based Volatility of Exchange Rates	2
Exchange Rate Volatility and Firms’ Export Decisions: Evidence from Exporter Dynamics Database	2
The Flaw in the Plan: Information Transparency and International Tax Avoidance Channels	2
Monetary Policy Strategies in Advanced and Emerging Economies	2
Big Data Analytics and Exports—Evidence for Manufacturing Firms from 27 EU Countries	2
Membership in the World Trade Organization and Trade Policy Space in Developing Countries	2
Do Financial Markets Value Quality of Fiscal Governance?	2
Trade Fragmentation in the World of Fragmented Capitalism: Trade of Liberal, Coordinated, and Dependent Market Economies in Times of Deglobalization	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
What Drives Illicit Financial Flows? An Empirical Study of Trade Data Discrepancies	2
Triangular Speculative Attacks	2
Redistributing Central Bank Incomes and Expenses Across the Eurosystem: the Eurosystem’s Monetary Income	1
Lifting the Veil: Using a Spatial Discontinuity to Assess the Impact of National Development Zones on Upgrading of Chinese Manufacturing	1
Repayment of EU Bailout Loans in a Member-country of the ES: The Case of Greece	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
Editorial – Recent Trends in International Reserves: Theory and Evidence	1
Output and Money Growth in the Euro Area	1
Leaning-Against-the-Wind Intervention and the “Carry-Trade” View of the Cost of Reserves	1
Identifying Export Opportunities: Empirical Evidence from the Southern Euro Area Countries	1
Strategic Asset Allocation of a Reserves’ Portfolio: Hedging Against Shocks	1
The Rising Tides That Lift the Boats: Growth through Heterogeneous Convergence in Chinese Provinces	1
Global Shocks in the US Economy: Effects on Output and the Real Exchange Rate	1
Currency Compositions of International Reserves and the Euro Crisis	1

The Revival of Target Zone Modeling	1
Sovereign Defaults and Debt Sustainability: A Joint Analysis	1
Structural Shocks in the Global Copper Market: Evidence from an SVAR Model and China’s Macroeconomic Influence	1
Exchange Rate Regimes and Business Cycle Synchronization	1
A Global Network of Economic Policy Uncertainty Spillovers	1
Economic Transformations Through Production Relocation: Insights from the US-China Dynamic	1
Taming the “Capital Flows-Credit Nexus”: A Sectoral Approach	1
Effectiveness of Macroprudential Policies on Credit Surge and Stop Episodes	1
The Effects of Oil Price Shocks: A Dynamic SVAR Analysis of the Terms of Trade, Industrial Production, and Inflation	1
Determinants of Net Transactions in TARGET2 of European Banks Based on Micro-data	1
Globalisation, Welfare Models and Social Expenditure in OECD Countries	1
Reserve Currencies in an Evolving International Monetary System	1
Gross Product, Population Distribution and Heterogeneity of Border Effects in Gravity Models of Trade	1
Regional Economic Impact of Covid-19: the Role of Sectoral Structure and Trade Linkages	1
Effects of Redistribution on Growth in Brazil: A GVAR Approach	1
Global Liquidity and Household Credit Growth	1
Revisiting the Impact of US Uncertainty Shocks: New Evidence from China’s Investment Dynamics	1
Integrating Technical Knowledge and Entrepreneurial Skills in Production: A Deconfounding Approach	1
NUTS2 Data Analysis of the Impact of EU Cohesion Funds on Gross Value Added in Italy by Industry	1
The Role of Robotization in Reshoring and the Implications on International Trade	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
Correction: Editorial – Recent Trends in International Reserves: Theory and Evidence	1
Unanticipated Shocks to the Fed and Exchange Rate Market Pressures	1
Investigating the Headline vs. Core Inflation Debate: Does Inflation Targeting Kill Two Birds with One Stone?	1
Nascent Markets: Understanding the Success and Failure of New Stock Markets	1
The “Double Trap” in China—Multiple Equilibria in Institutions and Income and their Causal Relationship	1