OOIR: Observatory of International Research

Papers

(The TQCC of Macroeconomic Dynamics 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
Prudential policy treatments to the COVID-19 economic crisis: an assessment of the effects	50
High-frequency and heteroskedasticity identification in multicountry models: Revisiting spillovers of monetary shocks	21
IMF lending in sovereign default	18
Incomplete Exchange Rate Pass-through and International Monetary Policy Cooperation	10
Government size and the effectiveness of fiscal policy: the bigger the better?	9
The credit-augmented Divisia aggregates and the monetary business cycle	8
Government spending multipliers with the Real Cost channel	7
Technical change, task reallocation, and wage inequality	7
House prices and rents: a reappraisal	7
On the decline in the magnitude of the expenditure multiplier	7
Non-Gaussian score-driven conditionally heteroskedastic models with a macroeconomic application	6
MDY volume 26 issue 8 Cover and Back matter	6
Downward nominal wage rigidity and the optimal inflation target	6
Asymmetric effects of news through uncertainty	6
Structural breaks in seemingly unrelated regression models	6
Human capital-based growth with depopulation and class-size effects: theory and empirics – ERRATUM	6
Uncertainty shocks and monetary policy rules in a small open economy	6
Monetary policy transmission in China: dual shocks with dual bond markets	5
Adjustments of factor income tax rates and aggregate (in)stability	5
Money growth and inflation in the Euro Area, UK, and USA: measurement issues and recent results	5
MDY volume 26 issue 6 Cover and Front matter	5
Impact of user cost of money on private investment in US	4
Okay boomer… Excess money growth, inflation, and population aging	4
Price-level determinacy and monetary policy in a model with money and trend inflation	4
Conventional vs. unconventional monetary policy under credit regulation	4

Stock market volatility and commodity prices	4
The race between offshoring and automation in explaining wage polarization	4
The Stabilizing Effects of Publishing Strategic Central Bank Projections	4
Fiscal policy and the twin deficits: structural changes matter	4
How does skill distribution shape comparative advantage across industries? Theory and evidence	4
A note on variable markup, knowledge spillover, and multiple steady states in the variety expansion model	4
Severity reduction and private market distortion effects of voluntary and mandatory public annuity plans	3
MDY volume 26 issue 2 Cover and Front matter	3
On boom-bust stock market dynamics, animal spirits, and the destabilizing nature of temporarily attracting virtual fixed points	3
Air quality in welfare accounting	3
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions – CORRIGENDUM	3
Monetary policy and welfare in a currency union	3
Financial markets and misallocation: the long and short of leverage and productivity dispersion	3
Environmental policy and the dynamics of industrial location and residential choice	3
Productivity convergence in manufacturing in the Eurozone: a hierarchical panel data approach	3
What Accounts for the German Labor Market Miracle? A Structural VAR Approach	3
A view from outside: sovereign CDS volatility as an indicator of economic uncertainty	3
Simple mandates, monetary rules, and trend-inflation	3
Teenage childbearing and the welfare state	3
Income taxation and job creation	3
Designing a green memorandum: central bankers, politicians, monetary policy, and macroprudential regulation	3
A model of safe asset shortage and property taxes in China	3
Three liquid assets	3
Presidents, Fed chairs, and the deviations from the Taylor rule	3
A note on international spillovers of economic policy uncertainty across business cycles: evidence from OECD countries	3
A sectoral approach to measuring output gap: Evidence from 20 US Sectors over 1948−2020	3
A tale of two tails: 130 years of growth at risk	3
Undesired monetary policy effects in a bubbly world	2
How do economic growth and food inflation affect food insecurity?	2
Technology shocks, directed technical progress and climate change	2
Aggregate effects of firing costs with endogenous firm productivity growth	2
Estimating the growth effect of the demographic dividend	2
Financial frictions, monetary policy, and the term premium	2
Investments, credit guarantees, and government subsidies in a regime-switching framework	2
Inequality over the business cycle: the role of distributive shocks	2
Creative destruction, human capital accumulation, and growth in a digital economy	2
Linear quadratic approximation of rationally inattentive control problems	2
MDY volume 26 issue 1 Cover and Back matter	2
Lending standards, productivity, and credit crunches	2
Divisia monetary aggregates, monetary policy and business cycle analysis	2
Negative income tax and universal basic income in the eyes of Aiyagari	2
Mitigation or adaptation to climate change? The role of fiscal policy	2
A Note on nonconvex adjustment costs in lumpy investment models: Mean versus variance	2
Inflation-linked bonds in incomplete markets with sunspots	2
Currency substitution as an automatic stabilizer	2
Implementing the commitment solution via discretionary policy-making	2
Fiscal policy and inequality in middle- and high-income countries: redistributive effects of tax and spending shocks	2
The effects of public sector employment on household savings and labor supply	2
A model of endogenous education quality: the role of teachers	2
The dynamics of organic farming conversion in groundwater management	2

Difficulties in finding middle-skilled jobs under increased automation	1
MDY volume 26 issue 8 Cover and Front matter	1
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions	1
WITHDRAWN - GLOBAL BANK RISK AND MONETARY POLICY IN AN EMERGING ECONOMY	1
Is the Hamilton regression filter really superior to Hodrick–Prescott detrending?	1
The time-varying and volatile macroeconomic effects of immigration	1
Costly enforcement in credit economies	1
A note on the size distribution of government debt	1
MDY volume 26 issue 5 Cover and Front matter	1
Environmental quality and dishonest behavior: the role of enforcement under propensity for greenery	1
How does trade policy uncertainty affect firms’ pollution emissions? Theory and evidence from China	1
MDY volume 26 issue 5 Cover and Back matter	1
Temporary prosperity or sustainable development: the long-run impact of developing pollution-intensive industries	1
Accounting for Mexican business cycles	1
MDY volume 25 issue 8 Cover and Front matter	1
Unionization, industry concentration, and economic growth	1
The great moderation and the financial cycle	1
On Mexican poverty-trap regimes and struggling to escape them	1
Transition to clean technologies and the impact of industrial non-compliant behavior	1
Automation, productivity, and innovation in information technology	1
Endogenous innovation scale and patent policy in a monetary schumpeterian growth model	1
Economic knock-on effects of Russia’s geopolitical risk on advanced economies: a Bayesian global VAR approach	1
Love of novelty: a source of innovation-based growth… or underdevelopment traps?	1
Optimal forward guidance in monetary policy: Can central banks sway the public with projections?	1
Aggregate elasticity of substitution between skills: estimates from a macroeconomic approach	1
An unobserved components model of total factor productivity and the relative price of investment	1
Human capital-based growth with depopulation and class-size effects: theory and empirics	1
The great lockdown: information, noise, and macroeconomic fluctuations	1
Is the working capital channel of the monetary policy quantitatively relevant? A structural estimation approach	1
Revisiting consumption and income relationship: a vector logistic smooth transition regression modelling	1
MDY volume 26 issue 7 Cover and Back matter	1
Present-biased heterogeneity, marginal propensity to consume, and wealth distribution	1
Financial complexity, cycles and income inequality	1
Dynamic inefficiency by promoting relative consumption	1
Sectorial economic activity and Divisia monetary aggregates	1
How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies	1
The cost-of-living index in a cash and credit goods economy	1
Equilibrium dynamics in a model of growth and spatial agglomeration	1
The role of government intervention in balancing economic growth and environmental sustainability: a global dynamics approach across economies	1
Recovery from economic disasters	1
The consequences of US technology changes for productivity in advanced economies	1
Shades of inflation targeting: insights from fractional integration	1
Consumer preferences and inflation diffusion	1
Income tax reductions in production networks	1
No road with roses in developing countries: gender diversification in firm leadership and total factor productivity	1
Monetary policy announcements, consumers’ inflation expectations, and readiness to spend	1
Does household debt affect the size of the fiscal multiplier?	1
Optimal fiscal policy in small open economies with habit persistence	1
Coordination frictions and economic growth	1
Greenflation, climateflation and monetary policy: the dynamics of sustainable transition	1
Liquidity trap, private behavior preference, and the micro-foundation of fiscal multiplier dynamics	1
Solving heterogeneous-belief asset pricing models with short-selling constraints and many agents	1
MDY volume 26 issue 2 Cover and Back matter	1
Social Security safety net with rare event risk	1
Central bank credibility and inflation expectations: a microfounded forecasting approach	1
Human brain evolution in a Malthusian economy	1
Extreme comovements and downside/upside risk spillovers between oil prices and exchange rates	1
Cycles and their important shocks: completing the investigation	1
Spillovers on the mean and tails: a semiparametric dynamic panel modeling approach	1
A Note on Learning, House Prices, and Macro-Financial Linkages	1
Monetary policy and economic fluctuations	1
Financial or non-financial shocks: rivals that play together	1