OOIR: Observatory of International Research

Papers

(The median citation count of IMF Economic 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 2021-05-01 to 2025-05-01.)

Article	Citations
Do Monetary Policy Frameworks Matter in Low-Income Countries?	200
Disasters Everywhere: The Costs of Business Cycles Reconsidered	40
Corporate Debt Structure with Home and International Currency Bias	34
Entry and Exit of Informal Firms and Development	33
Measuring Financial Conditions using Equal Weights Combination	27
Calculating the Costs and Benefits of Advance Preparations for Future Pandemics	26
Profit Shifting, Returns on Foreign Direct Investments and Investment Income Imbalances	25
Foreign Exchange Intervention: A New Database	21
Many Creditors, One Large Debtor: Understanding the Buildup of Global Stock Imbalances After the Global Financial Crisis	17
Trade Integration, Industry Reallocation, and Welfare in Colombia	15
Export Prices, Imported Inputs, and Domestic Supply Networks	14
Text-Based Recession Probabilities	12
Tariffs and the Exchange Rate: Evidence from Twitter	11
Optimal Macroeconomic Policies in a Heterogeneous World	9
Will the Green Transition be Inflationary? Expectations Matter	9
The Negative Mean Output Gap and the Symmetry Bias of Statistical Filters	9
Explaining the Great Moderation Exchange Rate Volatility Puzzle	9
Global Bank Lending Under Climate Policy	8
Trade Integration, Global Value Chains, and Capital Accumulation	8
IMF Programs and Financial Flows to Offshore Centers	8
Macrofinancial Causes of Optimism in Growth Forecasts	8
International Macroeconomics: From the Great Financial Crisis to COVID-19, and Beyond	8
Stock Prices and Economic Activity in the Time of Coronavirus	8
Too Big to Fail and Moral Hazard: Evidence from an Epoch of Unregulated Commercial Banking	8
Sovereign Haircuts: 200 Years of Creditor Losses	7

Multinationals and Services Imports from Havens: When Policies Stand in the Way of Tax Planning	6
Systematizing Macroframework Forecasting: High-Dimensional Conditional Forecasting with Accounting Identities	6
Gambling to Preserve Price (and Fiscal) Stability	5
The Effects of a Money-Financed Fiscal Stimulus in a Small Open Economy	5
The Output Effects of Fiscal Consolidations: Does Spending Composition Matter?	5
Forward Guidance with Preferences over Safe Assets	4
Correction: Profit Shifting, Returns on Foreign Direct Investments and Investment Income Imbalances	4
Downward Nominal Wage Rigidity and Fiscal Policy in a Monetary Union	4
International Economic Sanctions and Third-Country Effects	4
Correction: Will the Green Transition be Inflationary? Expectations Matter	4
Global Spillovers of the Fed Information Effect	4
Demographics and Current Account Imbalances: Accounting for the Full Age Distribution	3
Correction to: Mobility Under the COVID-19 Pandemic: Asymmetric Effects Across Gender and Age	3
Exchange Rate Regimes 20 Years Later: The Prevalence of Floats	3
The Transmission of Quasi-Sovereign Default Risk: Evidence from Puerto Rico	3
Economic Integration and Growth	3
Tradability and Sectoral Productivity Differences Across Countries	3
Measuring Profit Shifting Using “Resident” Information: The PSM-ROC Method	3
The International Supply of Reserve Currency	3
Is to Forgive to Forget? Sovereign Risk in the Aftermath of Private or Official Debt Restructurings	3
De-Globalization, Welfare State Reforms and Labor Market Outcomes	3
Inflation with Covid Consumption Baskets	2
The Transmission Mechanisms of International Business Cycles: International Trade and the Foreign Effects of US Monetary Policy	2
Capital Controls Checkup: Cases, Customs, Consequences	2
Fiscal Consolidation and Automatic Stabilization: New Results	2
Macroprudential Governance and Capacity to Remove the Punch Bowl	2
International Trade and Letters of Credit: A Double-Edged Sword in Times of Crises	2
The Incidence of Capital Flow Management Measures: Observations from a New Database	2
Quantifying Risks to Sovereign Market Access	2
Government Debt Limits and Stabilization Policy	2
The Role of International Financial Integration in Monetary Policy Transmission	2
Infrastructure Investment and Labor Monopsony Power	2
What Drives the Exchange Rate?	2
From Just-in-Time, to Just-in-Case, to Just-in-Worst-Case: Simple Models of a Global Supply Chain under Uncertain Aggregate Shocks	1
Entrepreneurship and Occupational Choice in the Global Economy	1
Fiscal Rules and Market Discipline	1
Equity Home Bias in a Capital Market Union	1
The Rest of the World’s Dollar-Weighted Return on U.S. Treasurys	1
The Long Shadow of Public Interventions in the Financial Sector	1
The Dollar in an Era of International Retrenchment	1
Climate Disasters and Exchange Rates: Are Beliefs Keeping up with Climate Change?	1
Did the Covid-19 Recession Increase the Demand for Digital Occupations in the USA? Evidence from Employment and Vacancies Data	1
For Whom the Levy Tolls: The Case of a Macroprudential Stability Levy in South Korea	1
What Explains Global Inflation	1
Social Distancing, Vaccination and Evolution of COVID-19 Transmission Rates in Europe	1
The Internationalization of China’s Equity Markets	1
Trade Imbalances, Fiscal Imbalances and the Rise of Protectionism: Evidence from G20 Countries	1
Foreign Vulnerabilities, Domestic Risks: The Global Drivers of GDP-at-Risk	1
The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures	1
Uncovering CIP Deviations in Emerging Markets: Distinctions, Determinants, and Disconnect	1

Attention to the Tail(s): Global Financial Conditions and Exchange Rate Risks	1
Sovereign Default and International Trade	1
Learning from Biodiversity: Is Diversity in Financial Ecosystems Important for Economic Growth and Stability?	1
Does the Relative Importance of the Push and Pull Factors of Foreign Capital Flows Vary Across Quantiles?	1
The New Fama Puzzle	1
Regional Integration and Decoupling in the Asia Pacific: A Bayesian Panel VAR Approach	1
Jobless and Stuck: Youth Unemployment and COVID-19 in India	1
Climate Policy and the Economy: Evidence from Europe’s Carbon Pricing Initiatives	1
The Exchange Rate Elasticity of Exports: A Shock-Dependent Approach	1