Macroeconomic Dynamics

Article	Citations
Prudential policy treatments to the COVID-19 economic crisis: an assessment of the effects	62
High-frequency and heteroskedasticity identification in multicountry models: Revisiting spillovers of monetary shocks	19
IMF lending in sovereign default	14
Debt, inflation and the shape of the global pandemic recovery	12
The credit-augmented Divisia aggregates and the monetary business cycle	12
Technical change, task reallocation, and wage inequality	10
Government spending multipliers with the Real Cost channel	9
On the decline in the magnitude of the expenditure multiplier	9
MDY volume 26 issue 8 Cover and Back matter	8
House prices and rents: a reappraisal	8
Structural breaks in seemingly unrelated regression models	8
Government size and the effectiveness of fiscal policy: the bigger the better?	8
Downward nominal wage rigidity and the optimal inflation target	8
Human capital-based growth with depopulation and class-size effects: theory and empirics – ERRATUM	8
Uncertainty shocks and monetary policy rules in a small open economy	7
Non-Gaussian score-driven conditionally heteroskedastic models with a macroeconomic application	7
Monetary/fiscal policy regimes in post-war Europe	7
Asymmetric effects of news through uncertainty	7
MDY volume 26 issue 6 Cover and Front matter	6
The demand for money: the evidence from the different types of money	6
Adjustments of factor income tax rates and aggregate (in)stability	6
The race between offshoring and automation in explaining wage polarization	6
Impact of user cost of money on private investment in US	5
Conventional vs. unconventional monetary policy under credit regulation	5
A note on variable markup, knowledge spillover, and multiple steady states in the variety expansion model	5

Price-level determinacy and monetary policy in a model with money and trend inflation	5
Money growth and inflation in the Euro Area, UK, and USA: measurement issues and recent results	4
Fiscal policy and the twin deficits: structural changes matter	4
The effects of fiscal policy shocks: evidence from a Bayesian SVAR model with uncertain identifying assumptions	4
Financial markets and misallocation: the long and short of leverage and productivity dispersion	4
The effects of macroprudential policy on imperfect banking competition	4
How does skill distribution shape comparative advantage across industries? Theory and evidence	4
Okay boomer… Excess money growth, inflation, and population aging	4
A tale of two tails: 130 years of growth at risk	4
Severity reduction and private market distortion effects of voluntary and mandatory public annuity plans	4
Variance-Maximizing Identification and the Plague of Confounding Shocks	4
Monetary policy transmission in China: dual shocks with dual bond markets	4
Stock market volatility and commodity prices	4
Income taxation and job creation	4
Environmental policy and the dynamics of industrial location and residential choice	4
A model of safe asset shortage and property taxes in China	3
Simple mandates, monetary rules, and trend-inflation	3
A view from outside: sovereign CDS volatility as an indicator of economic uncertainty	3
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions – CORRIGENDUM	3
Linear quadratic approximation of rationally inattentive control problems	3
Inefficiency unveiled: a Bayesian DSGE analysis of public investment in China	3
Productivity convergence in manufacturing in the Eurozone: a hierarchical panel data approach	3
Teenage childbearing and the welfare state	3
Presidents, Fed chairs, and the deviations from the Taylor rule	3
New results and a model of scale effects on growth – CORRIGENDUM	3
Creative destruction, human capital accumulation, and growth in a digital economy	3
How do economic growth and food inflation affect food insecurity?	3
On boom-bust stock market dynamics, animal spirits, and the destabilizing nature of temporarily attracting virtual fixed points	3
Designing a green memorandum: central bankers, politicians, monetary policy, and macroprudential regulation	3
Fiscal and inflation expectations of consumers in the era of large fiscal expansions	3
Undesired monetary policy effects in a bubbly world	3
A note on international spillovers of economic policy uncertainty across business cycles: evidence from OECD countries	3
Gender imbalance, assortative matching, and household income inequality in China	3
Sovereign debt issuance and selective default	3
Three liquid assets	3
The dynamics of organic farming conversion in groundwater management	2
Average inflation targeting: welfare and fiscal multiplier – ADDENDUM	2
The green transition of firms: the role of evolutionary competition, adjustment costs, transition risk, and positive externalities in green technology adoption	2
Cycles and their important shocks: completing the investigation	2
Is the Hamilton regression filter really superior to Hodrick–Prescott detrending?	2
Human capital-based growth with depopulation and class-size effects: theory and empirics	2
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions	2
MDY volume 26 issue 5 Cover and Back matter	2
Shades of inflation targeting: insights from fractional integration	2
Central bank credibility and inflation expectations: a microfounded forecasting approach	2
Divisia monetary aggregates, monetary policy and business cycle analysis	2
The effects of public sector employment on household savings and labor supply	2
Negative income tax and universal basic income in the eyes of Aiyagari	2
Implementing the commitment solution via discretionary policy-making	2
Rethinking inflation inequality: evidence from national accounts	2

Fiscal policy and inequality in middle- and high-income countries: redistributive effects of tax and spending shocks	2
A note on the size distribution of government debt	2
Inflation disagreement and monetary transmission in Korea	2
Monetary policy announcements, consumers’ inflation expectations, and readiness to spend	2
A global asymmetric duopoly game of relatively scarce resources	2
Present-biased heterogeneity, marginal propensity to consume, and wealth distribution	2
Dynamic inefficiency by promoting relative consumption	2
Global financial cycle, media coverage and currencies of emerging markets	2
Accounting for Mexican business cycles	2
Recovery from economic disasters	2
A model of endogenous education quality: the role of teachers	2
Mitigation or adaptation to climate change? The role of fiscal policy	2
Technology shocks, directed technical progress and climate change	2
Financial frictions, monetary policy, and the term premium	2
Unionization, industry concentration, and economic growth	2
Coordination frictions and economic growth	2
Does household debt affect the size of the fiscal multiplier?	2
Optimal forward guidance in monetary policy: Can central banks sway the public with projections?	2
Financial or non-financial shocks: rivals that play together	2
Estimating the growth effect of the demographic dividend	2
Human brain evolution in a Malthusian economy	2
On Mexican poverty-trap regimes and struggling to escape them	2
Revisiting consumption and income relationship: a vector logistic smooth transition regression modelling	2
A Note on Learning, House Prices, and Macro-Financial Linkages	2
Investments, credit guarantees, and government subsidies in a regime-switching framework	2
The cost-of-living index in a cash and credit goods economy	1
Shocking the economy from 1967 up to 2023: reinforcing the relevance of Divisia money in US monetary policy	1
Sectorial economic activity and Divisia monetary aggregates	1
Stimulating growth and welfare in the U.S.	1
Monetary policy and economic fluctuations	1
The macroeconomics of the COVID-19 epidemic: the case of China	1
Greenflation, climateflation and monetary policy: the dynamics of sustainable transition	1
Transition to clean technologies and the impact of industrial non-compliant behavior	1
A note on the efficiency in the housing market with search frictions	1
MDY volume 26 issue 8 Cover and Front matter	1
Simulating multiple equilibria in rational expectations models with occasionally-binding constraints: An algorithm and a policy application	1
Environmental quality and dishonest behavior: the role of enforcement under propensity for greenery	1
A note on contraception, social norms, and growth	1
Endogenous innovation scale and patent policy in a monetary schumpeterian growth model	1
Government debt and fiscal multipliers in the era of population aging	1
Difficulties in finding middle-skilled jobs under increased automation	1
Evaluating government debt thresholds and fiscal consolidation: insights from Organisation for Economic Co-operation and Development countries	1
Temporary prosperity or sustainable development: the long-run impact of developing pollution-intensive industries	1
Estimation and testing of forecast rationality with many moments	1
Costly enforcement in credit economies	1
Consumer price-setting behaviour: evidence from food CPI microdata	1
No road with roses in developing countries: gender diversification in firm leadership and total factor productivity	1
Implications of present-biased preferences on inheritance taxes	1
The role of government intervention in balancing economic growth and environmental sustainability: a global dynamics approach across economies	1
Shadow banking, implicit guarantees, and risk-taking	1
The macroeconomic effects of the tax cuts and jobs act	1
Aggregate elasticity of substitution between skills: estimates from a macroeconomic approach	1
MDY volume 26 issue 4 Cover and Back matter	1
Spillovers on the mean and tails: a semiparametric dynamic panel modeling approach	1
Understanding the gains from wage flexibility in a currency union: a fiscal policy connection	1
Love of novelty: a source of innovation-based growth… or underdevelopment traps?	1
Unraveling the enigma: decomposing China’s output and productivity growth in the new era—insights from listed companies	1
Liquidity trap, private behavior preference, and the micro-foundation of fiscal multiplier dynamics	1
Estimating sentiment and risk in a consumption model: a factor analysis approach	1
Social Security safety net with rare event risk	1
Conspicuous leisure, time allocation, and obesity Kuznets curves	1
Solving heterogeneous-belief asset pricing models with short-selling constraints and many agents	1
New evidence on US monetary policy activism and the Taylor rule	1
MDY volume 26 issue 5 Cover and Front matter	1
Wealth inequality, entrepreneurship, and aggregate output: a tale of two centuries in the UK	1
Optimal fiscal policy in small open economies with habit persistence	1
ECB’s central bank communication and monetary policy transmission: predictability from text-based sentiment indicators?	1
MDY volume 26 issue 7 Cover and Back matter	1
A Note on the Neo-Fisher Effect in the New Keynesian Model	1
Extreme comovements and downside/upside risk spillovers between oil prices and exchange rates	1
Broad Divisia money, supply pressures, and U.S. inflation following the COVID-19 recession	1
An unobserved components model of total factor productivity and the relative price of investment	1
Income tax reductions in production networks	1
Heterogeneous bequests and social inequalities	1
The great moderation and the financial cycle	1
Intergenerational transfers, differential fertility, and wealth inequality	1
Economic knock-on effects of Russia’s geopolitical risk on advanced economies: a Bayesian global VAR approach	1
The impact of temperature anomalies on production and financial markets	1
Endogenous working hours, overlapping generations, and balanced neoclassical growth	1
How does trade policy uncertainty affect firms’ pollution emissions? Theory and evidence from China	1

Financial complexity, cycles and income inequality	1
The rise and fall of armies	1
Consumer preferences and inflation diffusion	1
Shock persistence, uncertainty, and news-driven business cycles	1
Is the working capital channel of the monetary policy quantitatively relevant? A structural estimation approach	1
Off-track monetary policy and housing	1
Homeownership rates, housing policies, and co-residence decisions	0
Disequilibrium propagation of quantity constraints: application to the COVID lockdowns	0
Analytical insights on a behavioral macroeconomic model	0
Financial shocks to banks, R&D investment, and recessions	0
Optimal fiscal policy under capital overaccumulation	0
Optimal policies when price fairness matters	0
Squaring the circle? When circular economy meets post-growth	0
Unconventional policy instruments in the New Keynesian model	0
International reserve accumulation: balancing private inflows with public outflows	0
Vintage article: the effect of monetary policy shocks in the UK: an external instruments approach	0
Quantifying spillovers of coordinated investment stimulus in the EU	0
Sectoral inflation under fragmentation of information	0
Asset pricing with costly and delayed firm entry	0
Pollution, public debt, and growth: the question of sustainability	0
Endogenous vs exogenous fluctuations: unveiling the impact of heterogeneous expectations	0
Digital money as a medium of exchange and monetary policy in open economies	0
Inflation, inequality, and welfare in a competitive search model	0
Vertical specialization, global expansion of supply chain, and convergence	0
US sneezing and Australian colds: economic spillovers in both conventional and unconventional monetary policy times	0
Productivity, competition, and market outcomes	0
Adaptive agents may be smarter than you think: unbiasedness in adaptive expectations	0
Business cycles, R&D, and hysteresis: an empirical investigation	0
WITHDRAWAL – Global bank risk and monetary policy in an emerging economy	0
Fiscal sustainability under an endogenous fiscal feedback rule: a state space approach	0
Are inflation movements global in nature?	0
Bankruptcy costs, idiosyncratic risk, and long-run growth	0
Should wages be subsidized in a pandemic?	0
From Neolithic Revolution to industrialization	0
Financing intermediate inputs and misallocation	0
The municipal government channel of monetary policy	0
A time-varying estimation of an external reaction function for European Monetary Union countries: the role of risk-aversion and financial openness	0
Extension of unemployment benefits and changes in job search margins	0
Financial shocks and the relative dynamics of tangible and intangible investment: Evidence from the euro area	0
Wealth, search, and human capital over the business cycle	0
Robotic capital - skill complementarity	0
A quantitative general equilibrium approach to migration, remittances, and brain drain	0
Financial and fiscal environmental regulation in a credit cycle model	0
Financial Innovations in a world with limited commitment: implications for inequality and welfare	0
International capital flows in the process of longevity catch-up	0
The Financial Accelerator in the Euro Area: New Evidence Using a Mixture VAR Model	0
Elderly care in an aging population: The impact of parental care needs on adult children	0
Human capital and pensions with endogenous fertility and retirement	0
Distance functions and the analysis of inefficiency	0
Forecast-based credit-to-GDP gaps for macroprudential policy	0
Immigration, skill acquisition, and fiscal redistribution in a search equilibrium model	0
Frequency-dependent regime-switching in VAR models	0
Land-price dynamics and macroeconomic fluctuations with general household preferences	0
Drivers of inflation convergence across countries: the role of standard gravity variables	0
Monetary policy, heterogeneous expectations, and the return of high inflation	0
Household debt and economic growth in Europe	0
Rethinking productivity shocks: The role of monetary policy constraints	0
Automation, job reallocation, occupational choice, and related government policy	0
Financial frictions and uncertainty shocks	0
Inter-industry trade and business cycle dynamics	0
Time-varying volatility and the housing market	0
The effect of the social security on aggregate effective labor supply: the role of endogenous human capital and of selection effects	0
MDY volume 26 issue 6 Cover and Back matter	0
Central banks, climate risks, and energy transition—a dynamic macro model and econometric evidence	0
Auxiliary state method: theory and application	0
Heterogeneous biased expectations of young and old individuals: macroeconomic effects and policy implications	0
Monetary policy and housing market cycles	0
Microfinance, competition, and growth	0
The effects of Brazilian Central Bank communication on the yield curve	0
On the effects of taxation on growth: an empirical assessment	0
Do business cycles result from stochastic shocks?	0
Within-job wage inequality: the nexus between performance pay and match quality	0
A granular investigation on the stability of money demand	0
Effect of a cost channel on monetary policy transmission in a behavioral new Keynesian model	0
Demographics and FDI: lessons from China’s one-child policy	0
The dynamic effects of environmental and fiscal policy shocks	0
Fiscal policy in a monetary union: comparing different features of Next Generation EU	0
Average inflation targeting: welfare and fiscal multiplier	0
UK household-sector money demand and Divisia monetary aggregates in the new millennium	0
Large excess reserves, central bank digital currency, and monetary policy	0
On government spending and income inequality under monopolistic competition	0
The anatomy of government bond yields synchronization in the Eurozone	0
MDY volume 26 issue 4 Cover and Front matter	0
Alternative monetary policies and wealth and income inequality: the monetary instrument problem revisited	0
Identifying monetary policy shocks with Divisia money in the United Kingdom	0
Asymmetries in the oil market: accounting for the growing role of China through quantile regressions	0
State of broker–dealer leverage and the transmission of monetary policy	0
A Schumpeterian exploration of Gini and top/bottom income shares	0
Monetary policy reaction to geopolitical risks in unstable environments	0
Smells like animal spirits: the sensitivity of corporate investment to sentiment	0
Inference for DEA estimators of malmquist productivity indices: an overview, further improvements, and a guide for practitioners	0
New results and a model of scale effects on growth	0
Monetary policy in advanced and emerging economies	0
Aggregate health shock and retirement decision	0
Scarring and corporate debt	0