OOIR: Observatory of International Research

Papers

(The median citation count of Review of Economic Dynamics is 2. 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 2020-11-01 to 2024-11-01.)

Article	Citations
Central bank digital currency: Central banking for all?	152
The effects of land markets on resource allocation and agricultural productivity	52
Measuring capital-labor substitution: The importance of method choices and publication bias	49
Climate policy, financial frictions, and transition risk	40
Testing and reopening in an SEIR model	39
Rare events and long-run risks	33
De-leveraging or de-risking? How banks cope with loss	31
The evolution of health over the life cycle	28
Production network structure, service share, and aggregate volatility	27
The fiscal roots of inflation	25
The aggregate consequences of tax evasion	22
Optimal monetary policy and liquidity with heterogeneous households	22
Piecewise-linear approximations and filtering for DSGE models with occasionally-binding constraints	21
Misallocation and financial frictions: The role of long-term financing	21
Uncertainty and growth disasters	20
Informal labor markets in times of pandemic	20
The hammer and the scalpel: On the economics of indiscriminate versus targeted isolation policies during pandemics	19
Social Security reform in the presence of informality	19
A fiscal theory of monetary policy with partially-repaid long-term debt	18
Unemployment, entrepreneurship and firm outcomes	17
Measuring labor-force participation and the incidence and duration of unemployment	16
The preferential treatment of green bonds	15
Why is unemployment so countercyclical?	15
Technology diffusion	15
Growth, automation, and the long-run share of labor	14

Pandemic lockdown: The role of government commitment	14
The liquidity-augmented model of macroeconomic aggregates: A New Monetarist DSGE approach	13
Foreign reserve accumulation, foreign direct investment, and economic growth	13
The euro area periphery and imbalances: Is it an Anticipation Story?	13
Costly reversals of bad policies: The case of the mortgage interest deduction	13
Engines of sectoral labor productivity growth	13
Revisiting speculative hyperinflations in monetary models	12
More unequal we stand? Inequality dynamics in the United States, 1967–2021	12
Jumping the queue: Nepotism and public-sector pay	11
Involuntary unemployment and the business cycle	11
Monetary policy uncertainty and firm dynamics	11
Social Security reform with heterogeneous mortality	11
Optimal debt maturity and firm investment	11
The U.S. tax-transfer system and low-income households: Savings, labor supply, and household formation	10
Income volatility and portfolio choices	10
A toolkit for solving models with a lower bound on interest rates of stochastic duration	10
Dynamic optimal fiscal policy in a transfer union	9
Resource booms and the macroeconomy: The case of U.S. shale oil	9
The fundamental surplus strikes again	9
Unobserved heterogeneity and skill loss in a structural model of duration dependence	9
Why were interest-only mortgages so popular during the U.S. housing boom?	9
Gradual bargaining in decentralized asset markets	9
Real estate taxes and home value: Evidence from TCJA	9
The expansion of varieties in the new age of advertising	8
Inflation-default trade-off without a nominal anchor: The case of Greece	8
Automation and the future of work: Assessing the role of labor flexibility	8
Product innovation, diffusion and endogenous growth	8
Transmission of U.S. monetary policy to commodity exporters and importers	8
The cyclicality of labor force participation flows: The role of labor supply elasticities and wage rigidity	7
Money, growth, and welfare in a Schumpeterian model with the spirit of capitalism	7
Regional divergence and house prices	7
Technology and skill: Twin engines of growth	7
Output gap, monetary policy trade-offs, and financial frictions	6
r Minus g	6
Incomplete markets and parental investments in children	6
Labor supply shocks and the Beveridge Curve — Empirical evidence from EU enlargement	6
Learning through coworker referrals	6
Global DSGE models	5
The extent of downward nominal wage rigidity: New evidence from payroll data	5
Education, wage dynamics, and wealth inequality	5
The fall of the labor income share: The role of technological change and hiring frictions	5
Revisiting capital-skill complementarity, inequality, and labor share	5
Mobility, population growth, and public capital spending in the United States	5
Asset bubbles and foreign interest rate shocks	5
Bank runs and the optimality of limited banking	5
Search frictions and the business cycle in a small open economy DSGE model	5
A rational theory for disposition effects	5
R&D dynamics and corporate cash saving	4
The welfare effects of tax progressivity in a frictional labor market	4
Firm entry and exit during recessions	4

Agency frictions, managerial compensation, and disruptive innovations	4
The politics of flat taxes	4
Market uncertainty and international trade	4
The looming fiscal reckoning: Tax distortions, top earners, and revenues	4
The firm size-leverage relationship and its implications for entry and business concentration	4
Stock market participation: The role of human capital	4
Dynamics of secured and unsecured debt over the business cycle	4
Cyclical lending standards: A structural analysis	4
On the coexistence of cryptocurrency and fiat money	3
On the distributional effects of bank bailouts	3
Individual earnings and family income: Dynamics and distribution	3
Non-rational beliefs in an open economy	3
Unemployment insurance and labour productivity over the business cycle	3
The role of dispersed information in inflation and inflation expectations	3
Money laundering and the privacy design of central bank digital currency	3
Blocking patents, rent protection and economic growth	3
Indeterminacy and imperfect information	3
Financial constraints and economic development: The role of firm productivity investment	3
Monetary policy and household net worth	3
Labor adjustment and productivity in the OECD	3
Fiscal policy and the monetary transmission mechanism	3
Nonlinear occupations and female labor supply over time	3
Should monetary policy target financial stability?	3
Intertemporal substitution in labor supply: A meta-analysis	3
Asset price bubbles and monetary policy: Revisiting the nexus at the zero lower bound	3
Optimal taxation with home ownership and wealth inequality	3
The Tax Cuts and Jobs Act (TCJA): A quantitative evaluation of key provisions	3
Discretion rather than rules: Equilibrium uniqueness and forward guidance with inconsistent optimal plans	3
Rescue policies for small businesses in the COVID-19 recession	2
Does public sector employment buffer the minimum wage effects?	2
Cultural attributes, income inequality, and ethnic differentials	2
Mortgage borrowing and the boom-bust cycle in consumption and residential investment	2
An empirical equilibrium model of formal and informal credit markets in developing countries	2
Retirement timing uncertainty: Empirical evidence and quantitative evaluation	2
Opacity: Insurance and fragility	2
Does my model predict a forward guidance puzzle?	2
Optimal Ramsey taxation in heterogeneous agent economies with quasi-linear preferences	2
Inequality in public school spending across space and time	2
The promises (and perils) of control-contingent forward guidance	2
Aggregate implications of financial frictions for unemployment	2
Taxes, regulations, and the value of U.S. corporations: A reassessment	2
Labor supply when productivity keeps growing	2
Sales of durable goods and the real effects of monetary policy	2
Optimal GDP-indexed bonds	2
Revisiting taxes on high incomes	2
Inequality, disaster risk, and the great recession	2
Re-use of collateral: Leverage, volatility, and welfare	2
Taxation and inequality: Active and passive channels	2
Rationally inattentive monetary policy	2
Skill-biased entrepreneurial decline	2
Bequest motives and the Social Security Notch	2
Labor market dynamics and the migration behavior of married couples	2
Employer reallocation during the COVID-19 pandemic: Validation and application of a do-it-yourself CPS	2
Shocks to inflation expectations	2
Accounting for the duality of the Italian economy	2
Knowledge, germs, and output	2
Hollowing out and slowing growth: The role of process innovations	2
On the pure theory of wage dispersion	2
Reassessing trade barriers with global production networks	2
A Bayesian DSGE approach to modelling cryptocurrency	2
The Delphic forward guidance puzzle in New Keynesian models	2
Trade diversion is reversed in the long run	2