Journal of Finance

Papers
(The median citation count of Journal of Finance is 5. 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 2021-09-01 to 2025-09-01.)
ArticleCitations
ANNOUNCEMENTS722
470
ISSUE INFORMATION FM395
ANNOUNCEMENTS386
Information Aggregation via Contracting325
A q$q$ Theory of Internal Capital Markets285
Is COVID Revealing a Virus in CMBS 2.0?281
ISSUE INFORMATION FM249
Entrepreneurial Wealth and Employment: Tracing Out the Effects of a Stock Market Crash181
Is the United States a Lucky Survivor? A Hierarchical Bayesian Approach160
Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect159
AMERICAN FINANCE ASSOCIATION150
The “Actual Retail Price” of Equity Trades150
AMERICAN FINANCE ASSOCIATION149
Report of the Executive Secretary and Treasurer for the Fiscal Year Ending June 30, 2021140
ANNOUNCEMENTS140
Superstar Returns? Spatial Heterogeneity in Returns to Housing129
120
Is Long‐Run Risk Really Priced? Revisiting Liu and Matthies (2022)118
ISSUE INFORMATION FM112
Informational Black Holes in Financial Markets108
Financial Crises and Political Radicalization: How Failing Banks Paved Hitler's Path to Power106
AMERICAN FINANCE ASSOCIATION102
Excess Capacity, Marginal q, and Corporate Investment99
Insensitive Investors90
Disclosing a Random Walk90
Macroeconomic News in Asset Pricing and Reality87
Investor Factors87
Quantifying Reduced‐Form Evidence on Collateral Constraints85
Equilibrium Bitcoin Pricing84
Scope, Scale, and Concentration: The 21st‐Century Firm84
ANNOUNCEMENTS83
ANNOUNCEMENTS80
ISSUE INFORMATION79
ISSUE INFORMATION78
Presidential Address: Macrofinance and Resilience76
The Mortgage‐Cash Premium Puzzle73
Late to Recessions: Stocks and the Business Cycle72
Fire‐Sale Spillovers in Debt Markets70
Lender Automation and Racial Disparities in Credit Access65
Countercyclical Income Risk and Portfolio Choices: Evidence from Sweden63
Attention Spillover in Asset Pricing63
Banks, Low Interest Rates, and Monetary Policy Transmission63
AMERICAN FINANCE ASSOCIATION62
ANNOUNCEMENTS62
AMERICAN FINANCE ASSOCIATION61
Participant Schedule for the AFA 2022 Preliminary Program January 7–9, 2022: January 7–9, 202259
ISSUE INFORMATION FM59
Barter Credit: Warehouses as a Contracting Technology58
Bailout Stigma58
Are Analyst Short‐Term Trade Ideas Valuable?56
ISSUE INFORMATION56
The Economics of Deferral and Clawback Requirements55
Beliefs Aggregation and Return Predictability55
Legal Risk and Insider Trading54
Choosing to Disagree: Endogenous Dismissiveness and Overconfidence in Financial Markets54
Due Diligence53
Investor Tax Credits and Entrepreneurship: Evidence from U.S. States52
Wealth and Insurance Choices: Evidence from U.S. Households51
Model Comparison with Transaction Costs50
Naïve Buying Diversification and Narrow Framing by Individual Investors50
FinTech Credit and Entrepreneurial Growth49
Stock Market and No‐Dividend Stocks49
48
ISSUE INFORMATION47
Preliminary Program AFA 2022 ANNUAL MEETING EIGHTY‐SECOND ANNUAL MEETING AMERICAN FINANCE ASSOCIATION46
AMERICAN FINANCE ASSOCIATION46
The Price of Higher Order Catastrophe Insurance: The Case of VIX Options45
Intermediation Variety44
Clients' Connections: Measuring the Role of Private Information in Decentralized Markets44
A Horizon‐Based Decomposition of Mutual Fund Value Added Using Transactions43
Female Representation in the Academic Finance Profession43
ISSUE INFORMATION40
(Re‐)Imag(in)ing Price Trends40
AMERICAN FINANCE ASSOCIATION40
Crisis Interventions in Corporate Insolvency39
Sending Out an SMS: Automatic Enrollment Experiments for Overdraft Alerts39
Anomaly Time38
Neglected Risks in the Communication of Residential Mortgage‐Backed Securities Offerings38
Dynamic Banking and the Value of Deposits36
When Should Bankruptcy Law Be Creditor‐ or Debtor‐Friendly? Theory and Evidence35
Luck versus Skill in the Cross Section of Mutual Fund Returns: Reexamining the Evidence35
How Much Does Racial Bias Affect Mortgage Lending? Evidence from Human and Algorithmic Credit Decisions34
Political Polarization Affects Households' Financial Decisions: Evidence from Home Sales34
Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation33
Zombie Credit and (Dis‐)Inflation: Evidence from Europe33
Carbon Returns across the Globe33
Intermediary Leverage Shocks and Funding Conditions32
BRATTLE GROUP AND DIMENSIONAL FUND ADVISORS PRIZES FOR 202332
Time‐Consistent Individuals, Time‐Inconsistent Households32
AMERICAN FINANCE ASSOCIATION32
Did FinTech Lenders Facilitate PPP Fraud?31
Booms, Busts, and Common Risk Exposures31
Asset Pricing and Sports Betting31
CEO Political Leanings and Store‐Level Economic Activity during the COVID‐19 Crisis: Effects on Shareholder Value and Public Health31
AMERICAN FINANCE ASSOCIATION29
ISSUE INFORMATION29
Institutional Investors and Corporate Governance: The Incentive to Be Engaged29
Auctions with Endogenous Initiation28
Financing the Gig Economy28
Rare Disasters, Financial Development, and Sovereign Debt28
Very Noisy Option Prices and Inference Regarding the Volatility Risk Premium27
ISSUE INFORMATION27
The Cost of Capital for Banks: Evidence from Analyst Earnings Forecasts26
Asset Pricing with Cohort‐Based Trading in MBS Markets26
Nonstandard Errors26
Founder‐CEO Compensation and Selection into Venture Capital‐Backed Entrepreneurship26
Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect25
How Credit Cycles across a Financial Crisis25
Arbitrage Capital of Global Banks24
Test Assets and Weak Factors24
The Working Capital Credit Multiplier24
Global Pricing of Carbon‐Transition Risk23
Report of the Editor of TheJournal of Finance for the Year 202223
Attention‐Induced Trading and Returns: Evidence from Robinhood Users23
23
Stealth Acquisitions and Product Market Competition22
ANNOUNCEMENTS22
Equity Term Structures without Dividend Strips Data22
Thirty Years of Change: The Evolution of Classified Boards22
ANNOUNCEMENTS22
Treasury Richness21
Worker Runs21
ISSUE INFORMATION21
21
21
Do Women Receive Worse Financial Advice?20
Optimal Financial Transaction Taxes20
Overconfidence and Preferences for Competition19
Option Momentum19
Andrew W. Lo18
The Global Credit Spread Puzzle18
ISSUE INFORMATION FM18
Unobserved Performance of Hedge Funds18
Payment System Externalities18
Report of the 2022 Annual Membership Meeting17
AMERICAN FINANCE ASSOCIATION17
ANNOUNCEMENTS16
Equilibrium Data Mining and Data Abundance16
Firm Performance Pay as Insurance against Promotion Risk16
16
Auctions versus Negotiations: The Role of the Payment Structure16
16
Long‐Run Risk: Is It There?15
How Do Financial Constraints Affect Product Pricing? Evidence from Weather and Life Insurance Premiums15
Bayesian Solutions for the Factor Zoo: We Just Ran Two Quadrillion Models15
Capital Commitment15
ISSUE INFORMATION FM14
The Global Impact of Brexit Uncertainty14
Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics14
Is There a Risk Premium in the Stock Lending Market? Evidence from Equity Options14
Predictable Financial Crises13
Venture Capital and Startup Agglomeration13
AMERICAN FINANCE ASSOCIATION13
Mortgage Lock‐In, Mobility, and Labor Reallocation13
Feedback Effects and Systematic Risk Exposures13
ANNOUNCEMENTS13
ANNOUNCEMENTS13
Dissecting Conglomerate Valuations13
Rent or Buy? Inflation Experiences and Homeownership within and across Countries12
Visibility Bias in the Transmission of Consumption Beliefs and Undersaving12
Designing Stress Scenarios12
AMERICAN FINANCE ASSOCIATION12
Model Secrecy and Stress Tests12
International Yield Curves and Currency Puzzles12
Monetary Stimulus amidst the Infrastructure Investment Spree: Evidence from China's Loan‐Level Data12
(Why) Do Central Banks Care about Their Profits?11
Report of the 2023 Annual Membership Meeting11
Trading and Shareholder Democracy11
The SOE Premium and Government Support in China's Credit Market11
AMERICAN FINANCE ASSOCIATION10
What Drives Variation in the U.S. Debt‐to‐Output Ratio? The Dogs that Did not Bark10
Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors10
How Integrated are Credit and Equity Markets? Evidence from Index Options10
Report of the Editor of The Journal of Finance for the Year 202410
Discount Rates, Debt Maturity, and the Fiscal Theory10
ISSUE INFORMATION10
Personal Communication in an Automated World: Evidence from Loan Repayments10
Competition and Misconduct10
Modeling Conditional Factor Risk Premia Implied by Index Option Returns10
Working More to Pay the Mortgage: Household Debt, Interest Rates, and Family Labor Supply10
9
Participant Schedule for the AFA 2023 Preliminary Program January 6–8, 20239
Employee Costs of Corporate Bankruptcy9
AMERICAN FINANCE ASSOCIATION9
Participant Schedule for the AFA 2024 Preliminary Program January 5–7, 20249
ISSUE INFORMATION FM9
ANNOUNCEMENTS9
Skill, Scale, and Value Creation in the Mutual Fund Industry8
Is There a Replication Crisis in Finance?8
Withdrawal: Xu, Qiping, Zwick, E. “Tax Policy and Abnormal Investment Behavior.” The Journal of Finance. 30 May 20228
ANNOUNCEMENTS8
The Limits of Model‐Based Regulation8
The Virtue of Complexity in Return Prediction8
Specialization in Bank Lending: Evidence from Exporting Firms8
Going the Extra Mile: Distant Lending and Credit Cycles7
The Credit Line Channel7
The Pollution Premium7
7
Liquidity Transformation and Fragility in the U.S. Banking Sector7
7
ANNOUNCEMENTS7
The Anatomy of the Transmission of Macroprudential Policies7
Matteo Maggiori: Winner of the 2021 Fischer Black Prize7
Report of the 2024 Annual Membership Meeting6
Regulation of Charlatans in High‐Skill Professions6
Decentralized Exchange: The Uniswap Automated Market Maker6
Steven N. Kaplan6
Disclosing to Informed Traders6
AMERICAN FINANCE ASSOCIATION6
6
6
Would Order‐By‐Order Auctions Be Competitive?6
Fee Variation in Private Equity6
Tracing the International Transmission of a Crisis through Multinational Firms6
The Wisdom of the Robinhood Crowd5
Information Cascades and Threshold Implementation: Theory and an Application to Crowdfunding5
Bank Funding Risk, Reference Rates, and Credit Supply5
Duration‐Driven Returns5
The Impact of Minority Representation at Mortgage Lenders5
ISSUE INFORMATION FM5
Money and Banking with Reserves and CBDC5
On the Magnification of Small Biases in Hiring5
Leverage Is a Double‐Edged Sword5
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