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 2021-05-01 to 2025-05-01.)

Article	Citations
Government spending multipliers with the Real Cost channel	21
Government size and the effectiveness of fiscal policy: the bigger the better?	16
The credit-augmented Divisia aggregates and the monetary business cycle	11
On the decline in the magnitude of the expenditure multiplier	10
IMF lending in sovereign default	10
Incomplete Exchange Rate Pass-through and International Monetary Policy Cooperation	8
House prices and rents: a reappraisal	7
Technical change, task reallocation, and wage inequality	7
Coordination in price setting and the zero lower bound: a global games approach	6
Uncertainty shocks and monetary policy rules in a small open economy	6
MDY volume 25 issue 6 Cover and Back matter	5
DEPENDENCE STRUCTURE BETWEEN MONEY AND ECONOMIC ACTIVITY: A MARKOV-SWITCHING COPULA VEC APPROACH	5
MDY volume 26 issue 8 Cover and Back matter	5
DATA REDUCTION BY THE HAAR FUNCTION: A CASE STUDY OF THE PHILLIPS CURVE	5
Adjustments of factor income tax rates and aggregate (in)stability	4
Okay boomer… Excess money growth, inflation, and population aging	4
Structural breaks in seemingly unrelated regression models	4
Government investment fiscal multipliers: evidence from Euro-area countries	4
Monetary policy transmission in China: dual shocks with dual bond markets	4
Asymmetric effects of news through uncertainty	4
Non-Gaussian score-driven conditionally heteroskedastic models with a macroeconomic application	4
Price-level determinacy and monetary policy in a model with money and trend inflation	4
MDY volume 26 issue 2 Cover and Front matter	3
Income taxation and job creation	3
How does skill distribution shape comparative advantage across industries? Theory and evidence	3

Money growth and inflation in the Euro Area, UK, and USA: measurement issues and recent results	3
Fiscal policy and the twin deficits: structural changes matter	3
The Stabilizing Effects of Publishing Strategic Central Bank Projections	3
A sectoral approach to measuring output gap: Evidence from 20 US Sectors over 1948−2020	3
Estimating the FOMC’s interest rate rule with variable selection and partial regime switching	3
A note on variable markup, knowledge spillover, and multiple steady states in the variety expansion model	3
Stock market volatility and commodity prices	3
The race between offshoring and automation in explaining wage polarization	3
Monetary policy and welfare in a currency union	3
Severity reduction and private market distortion effects of voluntary and mandatory public annuity plans	3
MDY volume 26 issue 6 Cover and Front matter	3
Conventional vs. unconventional monetary policy under credit regulation	3
Presidents, Fed chairs, and the deviations from the Taylor rule	2
Simple mandates, monetary rules, and trend-inflation	2
Financial markets and misallocation: the long and short of leverage and productivity dispersion	2
On boom-bust stock market dynamics, animal spirits, and the destabilizing nature of temporarily attracting virtual fixed points	2
Creative destruction, human capital accumulation, and growth in a digital economy	2
MDY volume 26 issue 1 Cover and Back matter	2
Transitional dynamics of the saving rate and economic growth	2
Inflation-linked bonds in incomplete markets with sunspots	2
A note on international spillovers of economic policy uncertainty across business cycles: evidence from OECD countries	2
A view from outside: sovereign CDS volatility as an indicator of economic uncertainty	2
Three liquid assets	2
A tale of two tails: 130 years of growth at risk	2
IS BIGGER MORE EFFECTIVE? SHOCK SIZE AND THE EFFICACY OF MONETARY POLICY	2
Undesired monetary policy effects in a bubbly world	2
Implementing the commitment solution via discretionary policy-making	2
Linear quadratic approximation of rationally inattentive control problems	2
Lending standards, productivity, and credit crunches	2
What Accounts for the German Labor Market Miracle? A Structural VAR Approach	2
Air quality in welfare accounting	2
A model of safe asset shortage and property taxes in China	2
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions – CORRIGENDUM	2
Teenage childbearing and the welfare state	2
Inequality over the business cycle: the role of distributive shocks	2
A Note on nonconvex adjustment costs in lumpy investment models: Mean versus variance	2
Currency substitution as an automatic stabilizer	2
Negative income tax and universal basic income in the eyes of Aiyagari	2
Fiscal policy and inequality in middle- and high-income countries: redistributive effects of tax and spending shocks	1
CONSUMERS’ UPDATING, POLICY SHOCKS, AND PUBLIC DEBT: AN EMPIRICAL ASSESSMENT OF STATE DEPENDENCIES	1
Liquidity trap, private behavior preference, and the micro-foundation of fiscal multiplier dynamics	1
Endogenous innovation scale and patent policy in a monetary schumpeterian growth model	1
MDY volume 25 issue 8 Cover and Front matter	1
Coordination frictions and economic growth	1
Unionization, industry concentration, and economic growth	1
The great lockdown: information, noise, and macroeconomic fluctuations	1
Cycles and their important shocks: completing the investigation	1
Optimal forward guidance in monetary policy: Can central banks sway the public with projections?	1
MDY volume 26 issue 2 Cover and Back matter	1
Is the Hamilton regression filter really superior to Hodrick–Prescott detrending?	1

On Mexican poverty-trap regimes and struggling to escape them	1
Investments, credit guarantees, and government subsidies in a regime-switching framework	1
Financial frictions, monetary policy, and the term premium	1
MDY volume 26 issue 5 Cover and Back matter	1
Spillovers on the mean and tails: a semiparametric dynamic panel modeling approach	1
Love of novelty: a source of innovation-based growth… or underdevelopment traps?	1
Human brain evolution in a Malthusian economy	1
The economic effects of government spending: using expectations data to control for information	1
Accounting for Mexican business cycles	1
Monetary policy announcements, consumers’ inflation expectations, and readiness to spend	1
Equilibrium dynamics in a model of growth and spatial agglomeration	1
Human capital-based growth with depopulation and class-size effects: theory and empirics	1
The effects of public sector employment on household savings and labor supply	1
The time-varying and volatile macroeconomic effects of immigration	1
A Note on Learning, House Prices, and Macro-Financial Linkages	1
The dynamics of organic farming conversion in groundwater management	1
Aggregate effects of firing costs with endogenous firm productivity growth	1
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions	1
Financial or non-financial shocks: rivals that play together	1
The consequences of US technology changes for productivity in advanced economies	1
Automation, productivity, and innovation in information technology	1
Divisia monetary aggregates, monetary policy and business cycle analysis	1
MDY volume 26 issue 8 Cover and Front matter	1
How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies	1
Does household debt affect the size of the fiscal multiplier?	1
Central bank credibility and inflation expectations: a microfounded forecasting approach	1
Present-biased heterogeneity, marginal propensity to consume, and wealth distribution	1
A model of endogenous education quality: the role of teachers	1
Dynamic inefficiency by promoting relative consumption	1
Recovery from economic disasters	1