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 2021-11-01 to 2025-11-01.)

Article	Citations
Borrowing constraints, financial frictions, misallocation and GDP per worker	45
Monetary policy rules and the equity premium in a segmented markets model	36
Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins	21
The effects of a money-financed fiscal stimulus under fiscal stress	18
Automation and the employment elasticity of fiscal policy	18
Wealth in the utility function, consumption subsidy, and long-run growth and welfare	17
Upstream financial flows, intangible investment, and allocative efficiency	16
Political booms and currency crises	16
Sectoral spillovers across space and time	15
Accounting for structural transformation in the U.S.	14
Do central bank words matter in emerging markets? Evidence from Mexico	14
Redistributive policy and R&D-based growth	13
Taylor rules: Consequences for wealth and income inequality	13
Gender discrimination, inflation, and the business cycle	12
Traditional output dynamics: A structural perspective	12
Do fiscal rules shape private-sector investment decisions?	12
Monetary policy and credit flows	10
Economic uncertainty, households’ credit situations, and higher education	10
Staggered wages, unanticipated shocks and firms’ adjustments	10
Unconventional monetary policy, financial frictions, and the equity tandem	10
Wealth in utility, the Taylor principle and determinacy	10
Private and public risk sharing across Italian regions	9
Fiscal stabilization in high-debt economies without monetary independence	9
A cautionary note on linear aggregation in macroeconomic models under the RINCE preferences	9
Central bank objectives, monetary policy rules, and limited information	9

Informal employment and business cycles in emerging market economies	8
On the welfare costs of business cycles: Beyond nondurable goods	8
Exchange rate dynamics and consumption of traded goods	8
Editorial Board	8
Was India’s demonetization redistributive? Insights from satellites and surveys	8
What goes around comes around: The US climate-economic cycle	8
Monetary policy and reserve requirements with a zero-interest digital euro	7
Monetary policy in a Schumpeterian economy with endogenous fertility and human capital accumulation	7
Rising allowances, rising rates — Can growth arise through business income tax reform despite government debt limit?	7
Time-of-day and day-of-week variations in Amazon Mechanical Turk survey responses	7
Fiscal policy, macroeconomic performance and industry structure in a small open economy	7
The international real business cycle when demand matters	7
On the welfare cost of business cycles: The role of labor-market heterogeneity	7
Balanced-budget rules and macroeconomic stability with overlapping generations	7
The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis	7
Learning from news	7
Policy coordination and the effectiveness of fiscal stimulus	7
Behind rising inequality and falling growth	6
Do more frequent price adjustments guarantee less effective monetary stimulus when uncertainty rises?	6
Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions	6
On the macroeconomic effects of news about innovations of information technology	6
What growth policies protect the environment? A two-engine growth model	6
Government spending news and surprise shocks: It’s the timing and persistence	6
A political economy approach to endogenous industrial policies	6
Sources of economic growth in models with non-renewable resources	5
Editorial Board	5
Consumption responses to inheritances: The role of durable goods	5
Business cycle fluctuations in Taiwan — A Bayesian DSGE analysis	5
Risk aversion and longevity in an overlapping generations model	5
Are monetary policy shocks causal to bank health? Evidence from the euro area	5
Macroeconomic effects of government spending shocks: New narrative evidence from Canada	5
The transmission of monetary policy shocks through the markets for reserves and money	5
Unveiling the impact of income taxes on inequality in a HACT model	5
Child survival and contraception choice: Theory and evidence	5
Growing through endogenous innovation cycles	4
Financial distress and fiscal inflation	4
Tax evasion policies and the demand for cash	4
The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence	4
Misallocation of talent, teachers’ human capital, and development in Brazil	4
Forward inflation expectations: Evidence from inflation caps and floors	4
Delayed retirement policy and unemployment rates	4
Inflation and entry costs in a monetary search model	4
Macroeconomic impacts of remittances: A two-country, two-sector model	4
Age-specific entrepreneurship and PAYG: Public pensions in Germany	4
Identifying monetary policy shocks through external constraints	4
Efficiency of short-time work schemes and the role of monetary policy	4
Heterogeneity in sectoral price and quantity responses to shocks to monetary policy	4
Behavioral New Keynesian Models: An empirical assessment	4
Financial concerns and the marginal propensity to consume in COVID times: Evidence from UK survey data	4
Editorial Board	4

Monetary and fiscal coordination in preventing bank failures and financial contagion	4
Inflation targeting and inflation communication of the Federal Reserve: Words and deeds	4
Editorial Board	4
Income inequality measures and economic growth channels	4
Impact of infectious disease pandemics on individual lifetime consumption: An endogenous time preference approach	4
Editorial Board	4
Unemployment insurance, recalls, and experience rating	4
Do the Hamilton and Beveridge–Nelson filters provide the same information about output gaps? An empirical comparison for practitioners	3
Monetary policy, fiscal policy and cross signal jamming	3
Seasonal temperature variability and economic cycles	3
Optimal monetary–fiscal policy in the euro area liquidity crisis	3
Large firms and the cyclicality of US labour productivity	3
Monetary regimes and regional economies: A counterfactual perspective from two euro opt-outs	3
Business exit during the COVID-19 pandemic: Non-traditional measures in historical context	3
Jobless recoveries and time variation in labor markets	3
Editorial Board	3
Downward wage rigidity and asymmetric effects of monetary policy	3
The partisanship of a central banker	3
Quantitative analysis of a wealth tax for the United States: Exclusions and expenditures	3
Labour market rigidity and expansionary austerity	3
Editorial Board	3
What caused the post-pandemic inflation in France? An analysis using the Bernanke–Blanchard model	3
Computerizing households and the role of technology shocks in consumer durables	3
Asymmetric monetary policy rules for the euro area and the US	3
How can financial constraints force a central bank to exit a currency peg? An application to the Swiss franc peg	3
On the marginal excess burden of taxation in an overlapping generations model	3
Are regional fiscal multipliers on EU structural and investment fund spending large? A reassessment of the evidence	3
Exchange rate predictability with nine alternative models for BRICS countries	3
Long-run scarring effects of meltdowns in a small-scale nonlinear quadratic model	2
Time-varying capital intensities and the hump-shaped evolution of economic activity in manufacturing	2
Business cycle synchronization and African monetary union: A wavelet analysis	2
Fed and ECB monetary policy spillovers to Emerging Market Economies	2
Demand, wealth inequality and the business cycle	2
Bilateral output synchronization in a globalized world: A macroeconomic evaluation of the third-country effect	2
Back to trend: COVID effects on E-commerce in 44 countries	2
The wage dispersion effects of international migration in the European Union	2
Guest editors’ introduction: Optimal monetary policy: Theory and practice	2
Migration, community networks and welfare in neoclassical growth models	2
Public sector employment and aggregate fluctuations	2
Demographic structure, knowledge diffusion, and endogenous productivity growth	2
AI revolution and coordination failure: Theory and evidence	2
Taxes and firm investment	2
Optimal robust monetary and fiscal policy under uncertainty on the lower bound	2
Adaptive learning with heterogeneous expectations in an estimated medium-scale New Keynesian model	2
Does automation technology increase wage?	2
Balanced-budget fiscal rules and money growth pegging	2
Government expenditure and economic growth: A heterogeneous-agents approach	2
Business cycle asymmetries and the labor market	2
The effect of legislated tax changes on the trade balance: Empirical evidence for the United States, Germany, and the United Kingdom	2
Asserting independence: Optimal monetary policy when the central bank and political authority disagree	2
The multifaceted effect of monetary policy on U.S. credit aggregates	2
Leading patent breadth, endogenous quality choice, and economic growth	2
Editorial Board	2
Assessing the heterogeneous impact of COVID-19 on consumption using bank transactions	2