Institution · European Central Bank
Most cited papers from European Central Bank
European Central Bank
What are the most cited papers from European Central Bank?
The most cited paper from European Central Bank is "Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach" (Frank R. Smets, Rafael Wouters, 2007), with 4,754 citations. Next come "An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area" (3,624) and "CAViaR" (2,259).
Showing 50 of 58 papers. Every paper with more than 404 citations is listed.
| # | Paper | ||
|---|---|---|---|
| 1 | Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach Frank R. Smets, Rafael Wouters · American Economic Review | May 2007 | 4,754 |
| 2 | An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area Frank R. Smets, Raf Wouters · Journal of the European Economic Association | Sep 2003 | 3,624 |
| 3 | CAViaR Robert F. Engle, Simone Manganelli · Journal of Business and Economic Statistics | Oct 2004 | 2,259 |
| 4 | Asymmetric Dynamics in the Correlations of Global Equity and Bond Returns Lorenzo Cappiello, Robert F. Engle, Keith Sheppard · Journal of Financial Econometrics | 9 Aug 2006 | 1,757 |
| 5 | Monetary Policy Surprises, Credit Costs, and Economic Activity Mark L. Gertler, Péter Karádi · American Economic Journal Macroeconomics | 2015 | 1,469 |
| 6 | Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence Alan S. Blinder, Michael Ehrmann, Marcel Fratzscher et al. · Journal of Economic Literature | Nov 2008 | 1,417 |
| 7 | Risk, uncertainty and monetary policy Geert Bekaert, Marie Hoerova, Marco Lo Duca · Journal of Monetary Economics | 28 Jun 2013 | 1,282 |
| 8 | Risk Shocks Lawrence J. Christiano, Roberto Motto, Massimo V. Rostagno · American Economic Review | 26 Dec 2013 | 1,236 |
| 9 | Nowcasting: The real-time informational content of macroeconomic data Domenico Giannone, Lucrezia Reichlin, David Henry Small · Journal of Monetary Economics | May 2008 | 1,190 |
| 10 | Large Bayesian vector auto regressions Marta Bańbura, Domenico Giannone, Lucrezia Reichlin · Journal of Applied Econometrics | 9 Nov 2009 | 1,186 |
| 11 | What Drives Bank Competition? Some International Evidence Stijn Claessens, Luc A. Laeven · Journal of money credit and banking | 2004 | 1,177 |
| 12 | Systemic Banking Crises Database II Luc A. Laeven, Fabian V. Valencia · IMF Economic Review | 30 Jan 2020 | 1,134 |
| 13 | Systemic Banking Crises: A New Database Luc A. Laeven, Fabian V. Valencia · SSRN Electronic Journal | 2008 | 1,072 |
| 14 | Optimal Sticky Prices under Rational Inattention Bartosz Maćkowiak, Mirko Wiederholt · American Economic Review | May 2009 | 1,006 |
| 15 | Exploring the international linkages of the euro area: a global VAR analysis Stéphane Dées, Filippo di Mauro, M. Hashem Pesaran et al. · Journal of Applied Econometrics | 2007 | 954 |
| 16 | Oil price shocks and real GDP growth: empirical evidence for some OECD countries Rebeca Jiménez‐Rodríguez, Marcelo Sánchez · Applied Economics | 26 Jan 2005 | 856 |
| 17 | The VIX, the variance premium and stock market volatility Geert Bekaert, Marie Hoerova · Journal of Econometrics | 20 May 2014 | 836 |
| 18 | Why is it so difficult to beat the random walk forecast of exchange rates? Lutz Kilian, Mark P. Taylor · Journal of International Economics | 4 Apr 2003 | 796 |
| 19 | Capital flows, push versus pull factors and the global financial crisis Marcel Fratzscher · Journal of International Economics | 26 May 2012 | 749 |
| 20 | The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area Cristina D. Checherita-Westphal, Philipp C. Rother · European Economic Review | 6 Jul 2012 | 734 |
| 21 | Prior Selection for Vector Autoregressions Domenico Giannone, Michèle Lenza, Giorgio E. Primiceri · The Review of Economics and Statistics | 14 Aug 2014 | 729 |
| 22 | The Global Crisis and Equity Market Contagion Geert Bekaert, Michael Ehrmann, Marcel Fratzscher et al. · The Journal of Finance | 11 Aug 2014 | 711 |
| 23 | Weak and strong cross‐section dependence and estimation of large panels Alexander Chudík, M. Hashem Pesaran, Elisa Tosetti · Econometrics Journal | Feb 2011 | 709 |
| 24 | Public sector efficiency: An international comparison António Afonso, Ludger Schuknecht, Vito Tanzi · Public Choice | Jun 2005 | 681 |
| 25 | Electoral Systems and Public Spending Gian Maria Milesi‐Ferretti, Roberto Perotti, Massimo V. Rostagno · The Quarterly Journal of Economics | May 2002 | 681 |
| 26 | The Determinants of Bank Capital Structure Reint Gropp, Florian Heider · European Finance Review | 30 Mar 2010 | 678 |
| 27 | International Risk Sharing and the Transmission of Productivity Shocks Giancarlo Corsetti, Luca Dedola, Sylvain Leduc · The Review of Economic Studies | 4 Mar 2008 | 670 |
| 28 | Bootstrapping autoregressions with conditional heteroskedasticity of unknown form Śılvia Gonçalves, Lutz Kilian · Journal of Econometrics | 2 Apr 2004 | 649 |
| 29 | Towards a new early warning system of financial crises Matthieu Bussière, Marcel Fratzscher · Journal of International Money and Finance | 7 Aug 2006 | 620 |
| 30 | An Area Wide Model (Awm) for the Euro Area Gabriel Fagan, Jérôme Henry, Ricardo Mestre · SSRN Electronic Journal | 2003 | 595 |
| 31 | As certain as debt and taxes: Estimating the tax sensitivity of leverage from state tax changes Florian Heider, Alexander P. Ljungqvist · Journal of Financial Economics | 14 Jan 2015 | 572 |
| 32 | Bank size, capital, and systemic risk: Some international evidence Luc A. Laeven, Lev Ratnovski, Hui Tong · Journal of Banking & Finance | 13 Jul 2015 | 570 |
| 33 | Deconstructing Monetary Policy Surprises: The Role of Information Shocks Marek Jarociński, Péter Karádi · American Economic Journal Macroeconomics | 2018 | 558 |
| 34 | Bank risk and monetary policy Yener Altunbaş, Leonardo Gambacorta, David Marqués-Ibáñez · Journal of Financial Stability | 7 Aug 2009 | 555 |
| 35 | Bank Risk-taking, Securitization, Supervision, and Low Interest Rates: Evidence from the Euro-area and the U.S. Lending Standards Angela Maria Maddaloni, José‐Luis Peydró · Review of Financial Studies | 18 May 2011 | 550 |
| 36 | Forecasting using a large number of predictors: Is Bayesian shrinkage a valid alternative to principal components? Christine De Mol, Domenico Giannone, Lucrezia Reichlin · Journal of Econometrics | 29 Aug 2008 | 536 |
| 37 | The Laffer curve revisited Mathias Trabandt, Harald Uhlig · Journal of Monetary Economics | May 2011 | 531 |
| 38 | Measuring euro area monetary policy Carlo Altavilla, Luca Brugnolini, Refet S. Gürkaynak et al. · CINECA IRIS Institutial research information system (University of Pisa) | 2019 | 528 |
| 39 | On the Fit of New Keynesian Models Marco Del Negro, Frank Schorfheide, Frank R. Smets et al. · Journal of Business and Economic Statistics | 24 Mar 2007 | 527 |
| 40 | Sparse and stable Markowitz portfolios Joshua Brodie, Ingrid Daubechies, Christine De Mol et al. · Proceedings of the National Academy of Sciences | 15 Jul 2009 | 503 |
| 41 | An Estimated Stochastic Dynamic General Equilibrium Model of the Euro Area Frank R. Smets, Rafael Wouters · SSRN Electronic Journal | 2003 | 500 |
| 42 | Bank Leverage and Monetary Policy's Risk‐Taking Channel: Evidence from the United States Giovanni Dell’Ariccia, Luc A. Laeven, Gustavo Suárez · The Journal of Finance | 20 Sep 2016 | 498 |
| 43 | Financial Factors in Economic Fluctuations Lawrence J. Christiano, Roberto Motto, Massimo V. Rostagno · SSRN Electronic Journal | 2010 | 498 |
| 44 | Resolution of Banking Crises: The Good, the Bad, and the Ugly Luc A. Laeven, Fabian V. Valencia · SSRN Electronic Journal | 2010 | 490 |
| 45 | An area-wide model for the euro area Gabriel Fagan, Jérôme Henry, Ricardo Mestre · Economic Modelling | 17 Jun 2004 | 486 |
| 46 | CISS - A Composite Indicator of Systemic Stress in the Financial System Dániel Holló, Manfred Kremer, Marco Lo Duca · SSRN Electronic Journal | 2010 | 484 |
| 47 | Systemic Banking Crises Database: An Update Luc A. Laeven, Fabian V. Valencia · SSRN Electronic Journal | 2012 | 483 |
| 48 | Stock prices and exchange rate dynamics Kate Phylaktis, Fabiola Ravazzolo · Journal of International Money and Finance | 20 Oct 2005 | 464 |
| 49 | Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area Michael Ehrmann, Leonardo Gambacorta, Patrick Sevestre et al. · SSRN Electronic Journal | 2010 | 463 |
| 50 | Cross-border banking, credit access, and the financial crisis Alexander A. Popov, Gregory F. Udell · Journal of International Economics | 31 Jan 2012 | 460 |
Citations are OpenAlex's own counts, from its 2026-09-23 snapshot, so the ranking can differ from Google Scholar or Web of Science. A paper is listed for an institution when any of its authors gave it as an affiliation; retracted papers and papers whose citation count cannot be traced to citing works are left out, and a preprint and the article it became are shown once. Release dates are OpenAlex's: where a source gave only a month or a year, that is what is shown. How the lists are chosen.