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 2022-01-01 to 2026-01-01.)

Article	Citations
Borrowing constraints, financial frictions, misallocation and GDP per worker	47
Monetary policy rules and the equity premium in a segmented markets model	38
Does monetary policy impact innovation? Evidence from Australian Administrative Data	22
Labor market institutions and technology-induced labor adjustment along the extensive and intensive margins	22
The effects of a money-financed fiscal stimulus under fiscal stress	21
Automation and the employment elasticity of fiscal policy	19
Wealth in the utility function, consumption subsidy, and long-run growth and welfare	19
Upstream financial flows, intangible investment, and allocative efficiency	17
Sectoral spillovers across space and time	16
Saving behavior and the intergenerational allocation of leisure time	16
Accounting for structural transformation in the U.S.	13
Do central bank words matter in emerging markets? Evidence from Mexico	13
Taylor rules: Consequences for wealth and income inequality	12
Redistributive policy and R&D-based growth	12
Efficiency wages, consumption inequality and self-fulfilling business cycles	12
Traditional output dynamics: A structural perspective	11
Do fiscal rules shape private-sector investment decisions?	11
Economic uncertainty, households’ credit situations, and higher education	11
Central bank objectives, monetary policy rules, and limited information	10
Staggered wages, unanticipated shocks and firms’ adjustments	10
A cautionary note on linear aggregation in macroeconomic models under the RINCE preferences	10
Private and public risk sharing across Italian regions	10
Unconventional monetary policy, financial frictions, and the equity tandem	10
Wealth in utility, the Taylor principle and determinacy	9
Fiscal stabilization in high-debt economies without monetary independence	9

Editorial Board	9
Rising allowances, rising rates — Can growth arise through business income tax reform despite government debt limit?	8
Was India’s demonetization redistributive? Insights from satellites and surveys	8
What goes around comes around: The US climate-economic cycle	8
Exchange rate dynamics and consumption of traded goods	8
On the welfare costs of business cycles: Beyond nondurable goods	8
The international real business cycle when demand matters	8
Capital account liberalization, production heterogeneity, and belief-driven fluctuations in financial-constrained economies	8
Informal employment and business cycles in emerging market economies	8
Learning from news	7
Monetary policy in a Schumpeterian economy with endogenous fertility and human capital accumulation	7
Policy coordination and the effectiveness of fiscal stimulus	7
On the welfare cost of business cycles: The role of labor-market heterogeneity	7
Time-of-day and day-of-week variations in Amazon Mechanical Turk survey responses	7
On the macroeconomic effects of news about innovations of information technology	6
Balanced-budget rules and macroeconomic stability with overlapping generations	6
Fiscal policy, macroeconomic performance and industry structure in a small open economy	6
Monetary policy and reserve requirements with a zero-interest digital euro	6
Government spending news and surprise shocks: It’s the timing and persistence	6
The fiscal response to the Italian COVID-19 crisis: A counterfactual analysis	6
Editorial Board	5
Do more frequent price adjustments guarantee less effective monetary stimulus when uncertainty rises?	5
A political economy approach to endogenous industrial policies	5
Macroeconomic effects of government spending shocks: New narrative evidence from Canada	5
Editorial Board	5
What growth policies protect the environment? A two-engine growth model	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
Sources of economic growth in models with non-renewable resources	5
Measuring Household Inflation Perceptions and Expectations: The Effect of Guided vs Non-Guided Inflation Questions	5
Child survival and contraception choice: Theory and evidence	5
Are monetary policy shocks causal to bank health? Evidence from the euro area	4
Misallocation of talent, teachers’ human capital, and development in Brazil	4
Time-varying interactions between monetary and housing credit 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
Unemployment insurance, recalls, and experience rating	4
Monetary policy under fiscal stress: A forward-looking analysis of fiscal dominance	4
Editorial Board	4
Delayed retirement policy and unemployment rates	4
Risk aversion and longevity in an overlapping generations model	4
Efficiency of short-time work schemes and the role of monetary policy	4
The impact of providing information about the ECB’s instruments on inflation expectations and trust in the ECB: Experimental evidence	4
Income inequality measures and economic growth channels	4
Consumption responses to inheritances: The role of durable goods	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
Identifying monetary policy shocks through external constraints	4
Inflation and entry costs in a monetary search model	4

Exchange rate predictability with nine alternative models for BRICS countries	3
Age-specific entrepreneurship and PAYG: Public pensions in Germany	3
How can financial constraints force a central bank to exit a currency peg? An application to the Swiss franc peg	3
Jobless recoveries and time variation in labor markets	3
Monetary and fiscal coordination in preventing bank failures and financial contagion	3
Inflation targeting and inflation communication of the Federal Reserve: Words and deeds	3
Are regional fiscal multipliers on EU structural and investment fund spending large? A reassessment of the evidence	3
Labour market rigidity and expansionary austerity	3
Macroeconomic impacts of remittances: A two-country, two-sector model	3
The partisanship of a central banker	3
Do the Hamilton and Beveridge–Nelson filters provide the same information about output gaps? An empirical comparison for practitioners	3
Downward wage rigidity and asymmetric effects of monetary policy	3
Editorial Board	3
What caused the post-pandemic inflation in France? An analysis using the Bernanke–Blanchard model	3
Business exit during the COVID-19 pandemic: Non-traditional measures in historical context	3
Was pandemic fiscal relief effective fiscal stimulus? Evidence from aid to state and local governments	3
Can fiscal rules improve banking system stability in developing countries?	3
Intensive and extensive margins of labor adjustment with non-regular employment	3
Monetary regimes and regional economies: A counterfactual perspective from two euro opt-outs	3
Tax evasion policies and the demand for cash	3
Seasonal temperature variability and economic cycles	3
Quantitative analysis of a wealth tax for the United States: Exclusions and expenditures	3
Growing through endogenous innovation cycles	3
The effect of legislated tax changes on the trade balance: Empirical evidence for the United States, Germany, and the United Kingdom	2
Leading patent breadth, endogenous quality choice, and economic growth	2
Editorial Board	2
Taxes and firm investment	2
Asserting independence: Optimal monetary policy when the central bank and political authority disagree	2
Demand, wealth inequality and the business cycle	2
Business cycle synchronization and African monetary union: A wavelet analysis	2
Business cycle asymmetries and the labor market	2
Bilateral output synchronization in a globalized world: A macroeconomic evaluation of the third-country effect	2
The multifaceted effect of monetary policy on U.S. credit aggregates	2
Computerizing households and the role of technology shocks in consumer durables	2
Large firms and the cyclicality of US labour productivity	2
Can you improve upon the GDP forecasts of professional forecasters using information about monetary policy?	2
Adaptive learning with heterogeneous expectations in an estimated medium-scale New Keynesian model	2
Public sector employment and aggregate fluctuations	2
Public investment multipliers and the role of efficiency: new evidence for emerging markets	2
Optimal robust monetary and fiscal policy under uncertainty on the lower bound	2
Monetary policy, fiscal policy and cross signal jamming	2
Editorial Board	2
AI revolution and coordination failure: Theory and evidence	2
The wage dispersion effects of international migration in the European Union	2
Editorial Board	2
Time-varying capital intensities and the hump-shaped evolution of economic activity in manufacturing	2