OOIR: Observatory of International Research

Papers

(The median citation count of Journal of Macroeconomics 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 2021-08-01 to 2025-08-01.)

Article	Citations
Monetary policy rules and the equity premium in a segmented markets model	73
Borrowing constraints, financial frictions, misallocation and GDP per worker	38
Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins	33
The effects of a money-financed fiscal stimulus under fiscal stress	18
Automation and the employment elasticity of fiscal policy	16
Unconditionally optimal Ramsey policy	14
Sectoral spillovers across space and time	14
Political booms and currency crises	14
Labor productivity forecasts based on a Beveridge–Nelson filter: Is there statistical evidence for a slowdown?	14
Upstream financial flows, intangible investment, and allocative efficiency	13
Wealth in the utility function, consumption subsidy, and long-run growth and welfare	13
Business cycle in an oligopolistic economy with entry and exit	12
Do central bank words matter in emerging markets? Evidence from Mexico	12
Taylor rules: Consequences for wealth and income inequality	11
Accounting for structural transformation in the U.S.	11
Do fiscal rules shape private-sector investment decisions?	11
Redistributive policy and R&D-based growth	11
A cautionary note on linear aggregation in macroeconomic models under the RINCE preferences	11
Traditional output dynamics: A structural perspective	10
Unconventional monetary policy, financial frictions, and the equity tandem	10
Private and public risk sharing across Italian regions	9
Central bank objectives, monetary policy rules, and limited information	9
Staggered wages, unanticipated shocks and firms’ adjustments	9
Monetary policy and credit flows	9
Gender discrimination, inflation, and the business cycle	9

Economic uncertainty, households’ credit situations, and higher education	9
Wealth in utility, the Taylor principle and determinacy	9
The impact of artificial intelligence on economic growth and welfare	8
Was India’s demonetization redistributive? Insights from satellites and surveys	8
On the welfare costs of business cycles: Beyond nondurable goods	8
Editorial Board	8
Informal employment and business cycles in emerging market economies	7
Policy coordination and the effectiveness of fiscal stimulus	7
Time-of-day and day-of-week variations in Amazon Mechanical Turk survey responses	7
Exchange rate dynamics and consumption of traded goods	7
Asymmetric effects of uncertainty shocks: Normal times and financial disruptions are different	7
Rising allowances, rising rates — Can growth arise through business income tax reform despite government debt limit?	7
Fiscal stabilization in high-debt economies without monetary independence	7
On the welfare cost of business cycles: The role of labor-market heterogeneity	7
The international real business cycle when demand matters	7
Balanced-budget rules and macroeconomic stability with overlapping generations	6
Monetary policy in a Schumpeterian economy with endogenous fertility and human capital accumulation	6
What growth policies protect the environment? A two-engine growth model	6
Behind rising inequality and falling growth	6
The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis	6
Monetary policy and reserve requirements with a zero-interest digital euro	6
Fiscal policy, macroeconomic performance and industry structure in a small open economy	6
Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions	5
Offshoring, computerization, labor market polarization and top income inequality	5
Sources of economic growth in models with non-renewable resources	5
Editorial Board	5
A political economy approach to endogenous industrial policies	5
Government spending news and surprise shocks: It’s the timing and persistence	5
“When it rains, it pours”: Fiscal policy, credit constraints and business cycles in emerging and developed economies	5
Transportation capital and its effects on the U.S. economy: A general equilibrium approach	5
Business cycle fluctuations in Taiwan — A Bayesian DSGE analysis	5
Do more frequent price adjustments guarantee less effective monetary stimulus when uncertainty rises?	5
On the macroeconomic effects of news about innovations of information technology	5
The transmission of monetary policy shocks through the markets for reserves and money	5
Macroeconomic effects of government spending shocks: New narrative evidence from Canada	5
Income inequality measures and economic growth channels	4
Forward inflation expectations: Evidence from inflation caps and floors	4
Risk aversion and longevity in an overlapping generations model	4
Are monetary policy shocks causal to bank health? Evidence from the euro area	4
Efficiency of short-time work schemes and the role of monetary policy	4
Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data	4
Uncertainty shocks, precautionary pricing, and optimal monetary policy	4
Unveiling the impact of income taxes on inequality in a HACT model	4
Editorial Board	4
Misallocation of talent, teachers’ human capital, and development in Brazil	4
Delayed retirement policy and unemployment rates	4
Identifying monetary policy shocks through external constraints	4
Behavioral New Keynesian Models: An empirical assessment	4
Consumption responses to inheritances: The role of durable goods	4
Child survival and contraception choice: Theory and evidence	4

Heterogeneity in sectoral price and quantity responses to shocks to monetary policy	4
Impact of infectious disease pandemics on individual lifetime consumption: An endogenous time preference approach	4
Editorial Board	4
The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence	4
Inflation and entry costs in a monetary search model	4
Seasonal temperature variability and economic cycles	3
Age-specific entrepreneurship and PAYG: Public pensions in Germany	3
Macroeconomic impacts of remittances: A two-country, two-sector model	3
Financial distress and fiscal inflation	3
Quantitative analysis of a wealth tax for the United States: Exclusions and expenditures	3
Monetary regimes and regional economies: A counterfactual perspective from two euro opt-outs	3
Optimal monetary–fiscal policy in the euro area liquidity crisis	3
The shape of recovery: Implications of past experience for the duration of the COVID-19 recession	3
Jobless recoveries and time variation in labor markets	3
Inflation targeting and inflation communication of the Federal Reserve: Words and deeds	3
Editorial Board	3
Asymmetric monetary policy rules for the euro area and the US	3
The partisanship of a central banker	3
Tax evasion policies and the demand for cash	3
Downward wage rigidity and asymmetric effects of monetary policy	3
Monetary and fiscal coordination in preventing bank failures and financial contagion	3
Growing through endogenous innovation cycles	3
Do the Hamilton and Beveridge–Nelson filters provide the same information about output gaps? An empirical comparison for practitioners	3
Exchange rate predictability with nine alternative models for BRICS countries	3
Unemployment insurance, recalls, and experience rating	3
Labour market rigidity and expansionary austerity	3
Bank lending and interest on excess reserves: An empirical investigation	3
How can financial constraints force a central bank to exit a currency peg? An application to the Swiss franc peg	3
The multifaceted effect of monetary policy on U.S. credit aggregates	2
Fed and ECB monetary policy spillovers to Emerging Market Economies	2
AI revolution and coordination failure: Theory and evidence	2
Business cycle synchronization and African monetary union: A wavelet analysis	2
Business exit during the COVID-19 pandemic: Non-traditional measures in historical context	2
Computerizing households and the role of technology shocks in consumer durables	2
Large firms and the cyclicality of US labour productivity	2
The wage dispersion effects of international migration in the European Union	2
Taxes and firm investment	2
Editorial Board	2
Migration, community networks and welfare in neoclassical growth models	2
Monetary policy, fiscal policy and cross signal jamming	2
Editorial Board	2
Optimal robust monetary and fiscal policy under uncertainty on the lower bound	2
Bilateral output synchronization in a globalized world: A macroeconomic evaluation of the third-country effect	2
Adaptive learning with heterogeneous expectations in an estimated medium-scale New Keynesian model	2
Business cycle asymmetries and the labor market	2
Public sector employment and aggregate fluctuations	2
The effect of legislated tax changes on the trade balance: Empirical evidence for the United States, Germany, and the United Kingdom	2
Editorial Board	2
On the marginal excess burden of taxation in an overlapping generations model	2