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Most cited papers in Economic, financial, and policy analysis

Economic, financial, and policy analysis

What are the most cited papers in Economic, financial, and policy analysis?

The most cited paper in Economic, financial, and policy analysis is "Discretion versus policy rules in practice" (John B. Taylor, 1993), with 9,166 citations. Next come "Inside the Black Box: The Credit Channel of Monetary Policy Transmission" (4,200) and "Interpreting the macroeconomic time series facts" (1,895).

Showing 50 of 97 papers. Every paper with more than 218 citations is listed.

Most cited papers, sortable by citations and release date
#Paper
1 Discretion versus policy rules in practice John B. Taylor · Carnegie-Rochester Conference Series on Public Policy Conference paper Dec 1993 9,166
2 Inside the Black Box: The Credit Channel of Monetary Policy Transmission Ben Bernanke, Mark L. Gertler · The Journal of Economic Perspectives Nov 1995 4,200
3 Interpreting the macroeconomic time series facts Christopher A. Sims · European Economic Review Open access Jun 1992 1,895
4 Why Has U.S. Inflation Become Harder to Forecast? James H. Stock, Mark W. Watson · Journal of money credit and banking Open access 18 Jan 2007 1,703
5 Constructing a Market, Performing Theory: The Historical Sociology of a Financial Derivatives Exchange Donald A. MacKenzie, Yuval Millo · American Journal of Sociology Jul 2003 1,473
6 Monetary Policy Rules Based on Real-Time Data Athanasios Orphanides · American Economic Review Sep 2001 1,423
7 On the mechanics of the collision between India and Asia P. Tapponnier, G. Peltzer, Rolando Armijo · Geological Society London Special Publications 1986 1,341
8 The use of technical analysis in the foreign exchange market Mark P. Taylor, Helen Allen · Journal of International Money and Finance Jun 1992 1,094
9 Crashed: how a decade of financial crises changed the world Paola Subacchi · International Affairs Sep 2019 1,078
10 Early warning of bank failure Daniel Martin · Journal of Banking & Finance Nov 1977 971
11 The Quark and the Jaguar: Adventures in the Simple and the Complex Murray Gell‐Mann, David Mermin · Physics Today Sep 1994 932
12 Sustainable development – historical roots of the concept J.A. du Pisani · Environmental Sciences Open access Jun 2006 902
13 Bridging the Relevance Gap: Aligning Stakeholders in the Future of Management Research Ken Starkey, Paula Madan · British Journal of Management Dec 2001 882
14 Channels of Interstate Risk Sharing: United States 1963-1990 Pierfederico Asdrubali, Bent E. Sørensen, Oved Yosha · The Quarterly Journal of Economics Nov 1996 815
15 Capital in the 21st Century Andrew G. Haldane, Rachana Shanbhogue, Orazio Attanasio et al. · RePEc: Research Papers in Economics Open access 13 Mar 2015 773
16 Error-Correction–Based Cointegration Tests for Panel Data Damiaan Persyn, Joakim Westerlund · The Stata Journal Promoting communications on statistics and Stata Open access Jun 2008 772
17 THE VALUE OF EVERYTHING: MAKING AND TAKING IN THE GLOBAL ECONOMY Daniel de Mello Sanfelici · GEOgraphia Open access 31 May 2019 740
18 What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules Lars E.O. Svensson · Journal of Economic Literature Jun 2003 716
19 Measuring the natural rate of interest: International trends and determinants Kathryn Holston, Thomas Laubach, John C. Williams · Journal of International Economics Open access 9 Jan 2017 701
20 Markets: The Credit Rating Agencies Lawrence J. White · The Journal of Economic Perspectives Open access May 2010 633
21 Cointegration: how short is the long run? Craig S. Hakkio, Mark Rush · Journal of International Money and Finance Dec 1991 572
22 Value-focused thinking: Identifying decision opportunities and creating alternatives Ralph L. Keeney · European Journal of Operational Research Aug 1996 563
23 Money Creation in the Modern Economy Michael McLeay, Amar Radia, Ryland Thomas · RePEc: Research Papers in Economics Open access 2014 556
24 Pakistan Economic and Social Review Talat Afza, Mian Sajid Nazir 2008 532
25 Business Failures: Another Example of the Analysis of Failure Data K. S. Lomax · Journal of the American Statistical Association Dec 1954 529
26 Grounded theory as an emergent method. Kathy Calkins Charmaz 2008 520
27 Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information Michael Rothschild, Joseph E. Stiglitz · Hübner international series on risk, insurance, and economic security Book chapter 1976 518
28 The Fed and Interest Rates—A High-Frequency Identification John H. Cochrane, Monika Piazzesi · American Economic Review Apr 2002 498
29 ‘Interpreting the macroeconomic time series facts: The effects of monetary policy’ Martin Eichenbaum · European Economic Review Jun 1992 492
30 The New Federalism, by Michael D. Reagan ; Implementation––How Great Expectations in Washington Are Dashed in Oakland; Or, Why It's Amazing that Federal Programs Work At All, This Being a Saga of the Economic Development Administration as Told by Two Sympathetic Observers Who Seek to Build Morals on a Foundation of Ruined Hopes, by Aaron B. Wildavsky and Jeffrey L. Pressman James L. Sundquist · Political Science Quarterly Dec 1973 472
31 COMMON TRENDS AND COMMON CYCLES Farshid Vahid, Robert F. Engle · Journal of Applied Econometrics Oct 1993 456
32 Science Since Babylon Derek J. de Solla Price, Thornton Page · American Journal of Physics Dec 1961 451
33 Risk and Uncertainty in Monetary Policy Alan Greenspan · American Economic Review Apr 2004 444
34 The injustice of inequality Edward L. Glaeser, Jose Alexandre Scheinkman, Andrei Shleifer · Journal of Monetary Economics Open access 2003 438
35 Governance network theory: past, present and future Erik‐Hans Klijn, Joop F. M. Koppenjan · Policy & Politics Open access Oct 2012 431
36 Quantitative Easing and Unconventional Monetary Policy – an Introduction Michael A. S. Joyce, David Kenneth Miles, Andrew J Scott et al. · The Economic Journal 29 Oct 2012 431
37 Historical monetary policy analysis and the Taylor rule Athanasios Orphanides · Journal of Monetary Economics Open access Jul 2003 429
38 The Credit Crisis as a Problem in the Sociology of Knowledge Donald A. MacKenzie · American Journal of Sociology Open access May 2011 420
39 The Rule of Law and Economic Growth: Where are We? Stephan M. Haggard, Lydia Brashear Tiede · World Development 24 Jan 2011 399
40 Macroeconomic Forecasting With Mixed-Frequency Data Michael P. Clements, Ana Beatriz Galvão · Journal of Business and Economic Statistics Oct 2008 396
41 A comparison of inflation forecasts Eugene F. Fama, Michael R. Gibbons · Journal of Monetary Economics May 1984 393
42 Is the Fed Too Timid? Monetary Policy in an Uncertain World Glenn D. Rudebusch · The Review of Economics and Statistics May 2001 392
43 A systematic qualitative case study: questions, data collection, NVivo analysis and saturation Md. Kausar Alam · Qualitative Research in Organizations and Management An International Journal 20 Aug 2020 377
44 The New Productivity Challenge Peter F. Drucker · Quality in Higher Education Book chapter 24 Apr 2018 376
45 Interest-rate smoothing and optimal monetary policy: a review of recent empirical evidence Brian Sack, Volker W. Wieland · Journal of Economics and Business 2000 373
46 Federal Reserve interest rate targeting, rational expectations, and the term structure Glenn D. Rudebusch · Journal of Monetary Economics Apr 1995 369
47 Modest policy interventions Eric Michael Leeper, Tao A. Zha · Journal of Monetary Economics Nov 2003 367
48 Discounting Disentangled Moritz A. Drupp, Mark Freeman, Ben Groom et al. · American Economic Journal Economic Policy Open access 30 Oct 2018 362
49 Let’s Twist Again: A High-Frequency Event-Study Analysis of Operation Twist and Its Implications for QE2 Eric T. Swanson · Brookings Papers on Economic Activity Mar 2011 361
50 The Conceptual Travels of Transitologists and Consolidologists: How Far to the East Should They Attempt to Go? Philippe C. Schmitter, Terry Lynn Karl · Slavic Review 1994 352

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 a field when OpenAlex files it under one of the field's topics; 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.