OOIR: Observatory of International Research

Papers

(The median citation count of Journal of Finance is 6. 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 2022-06-01 to 2026-06-01.)

Article	Citations
ANNOUNCEMENTS	1127
	776
ANNOUNCEMENTS	574
ISSUE INFORMATION FM	457
Is the United States a Lucky Survivor? A Hierarchical Bayesian Approach	434
Is COVID Revealing a Virus in CMBS 2.0?	405
Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect	196
A q$q$ Theory of Internal Capital Markets	191
Information Aggregation via Contracting	185
Entrepreneurial Wealth and Employment: Tracing Out the Effects of a Stock Market Crash	185
	183
The Effect of Advisors' Incentives on Clients' Investments	158
The Voting Premium	157
The “Actual Retail Price” of Equity Trades	156
AMERICAN FINANCE ASSOCIATION	146
Is Long‐Run Risk Really Priced? Revisiting Liu and Matthies (2022)	137
	137
Losing Control? The Two‐Decade Decline in Loan Covenant Violations	122
Superstar Returns? Spatial Heterogeneity in Returns to Housing	115
Pricing of Climate Risk Insurance: Regulation and Cross‐Subsidies	114
FinTech Lending and Cashless Payments	113
ISSUE INFORMATION FM	111
AMERICAN FINANCE ASSOCIATION	109
Quantifying Reduced‐Form Evidence on Collateral Constraints	97
Excess Capacity, Marginal q, and Corporate Investment	97

Macroeconomic News in Asset Pricing and Reality	96
Informational Black Holes in Financial Markets	94
Investor Factors	93
Financial Crises and Political Radicalization: How Failing Banks Paved Hitler's Path to Power	91
Disclosing a Random Walk	88
Scope, Scale, and Concentration: The 21^st‐Century Firm	87
Equilibrium Bitcoin Pricing	87
Monetary Policy, Inflation, and Crises: Evidence from History and Administrative Data	80
Insensitive Investors	80
ANNOUNCEMENTS	76
ISSUE INFORMATION	75
ANNOUNCEMENTS	75
ISSUE INFORMATION	74
ANNOUNCEMENTS	74
The Mortgage‐Cash Premium Puzzle	72
Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity	72
Attention Spillover in Asset Pricing	72
Lender Automation and Racial Disparities in Credit Access	69
Banks, Low Interest Rates, and Monetary Policy Transmission	68
Countercyclical Income Risk and Portfolio Choices: Evidence from Sweden	68
AMERICAN FINANCE ASSOCIATION	66
Presidential Address: Macrofinance and Resilience	66
Bailout Stigma	65
AMERICAN FINANCE ASSOCIATION	65
ISSUE INFORMATION	63
Beliefs Aggregation and Return Predictability	59
Barter Credit: Warehouses as a Contracting Technology	59
Institutional Investor Attention	58
Are Analyst Short‐Term Trade Ideas Valuable?	58
Legal Risk and Insider Trading	57
The Economics of Deferral and Clawback Requirements	54
Wealth and Insurance Choices: Evidence from U.S. Households	51
Risk‐Free Rates and Convenience Yields around the World	51
Naïve Buying Diversification and Narrow Framing by Individual Investors	50
Choosing to Disagree: Endogenous Dismissiveness and Overconfidence in Financial Markets	50
Model Comparison with Transaction Costs	50
Corporate ESG Profiles and Investor Horizons	48
Due Diligence	47
FinTech Credit and Entrepreneurial Growth	46
Investor Tax Credits and Entrepreneurship: Evidence from U.S. States	44
AMERICAN FINANCE ASSOCIATION	44
	44
ISSUE INFORMATION	43
AMERICAN FINANCE ASSOCIATION	42
Long‐Horizon Exchange Rate Expectations	41
The Price of Higher Order Catastrophe Insurance: The Case of VIX Options	40
(Re‐)Imag(in)ing Price Trends	40
A Horizon‐Based Decomposition of Mutual Fund Value Added Using Transactions	40
ISSUE INFORMATION	39
Going Public and the Internal Organization of the Firm	39

Neglected Risks in the Communication of Residential Mortgage‐Backed Securities Offerings	39
Deposit Franchise Runs	39
Dynamic Banking and the Value of Deposits	38
Crisis Interventions in Corporate Insolvency	38
When Should Bankruptcy Law Be Creditor‐ or Debtor‐Friendly? Theory and Evidence	38
Anomaly Time	37
Sending Out an SMS: Automatic Enrollment Experiments for Overdraft Alerts	35
How Much Does Racial Bias Affect Mortgage Lending? Evidence from Human and Algorithmic Credit Decisions	35
Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation	34
Political Polarization Affects Households' Financial Decisions: Evidence from Home Sales	34
Zombie Credit and (Dis‐)Inflation: Evidence from Europe	34
AMERICAN FINANCE ASSOCIATION	33
Carbon Returns across the Globe	33
CEO Political Leanings and Store‐Level Economic Activity during the COVID‐19 Crisis: Effects on Shareholder Value and Public Health	32
Time‐Consistent Individuals, Time‐Inconsistent Households	32
BRATTLE GROUP AND DIMENSIONAL FUND ADVISORS PRIZES FOR 2023	32
Intermediary Leverage Shocks and Funding Conditions	32
Did FinTech Lenders Facilitate PPP Fraud?	31
Booms, Busts, and Common Risk Exposures	30
ISSUE INFORMATION	30
AMERICAN FINANCE ASSOCIATION	30
Founder‐CEO Compensation and Selection into Venture Capital‐Backed Entrepreneurship	29
Asset Pricing with Cohort‐Based Trading in MBS Markets	29
ISSUE INFORMATION	29
Rare Disasters, Financial Development, and Sovereign Debt	28
The Cost of Capital for Banks: Evidence from Analyst Earnings Forecasts	28
Arbitrage Capital of Global Banks	28
Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect	28
Financing the Gig Economy	26
Attention‐Induced Trading and Returns: Evidence from Robinhood Users	26
The Working Capital Credit Multiplier	26
Auctions with Endogenous Initiation	26
Test Assets and Weak Factors	26
Very Noisy Option Prices and Inference Regarding the Volatility Risk Premium	26
How Credit Cycles across a Financial Crisis	26
Global Pricing of Carbon‐Transition Risk	26
Bank Monitoring with On‐Site Inspections	25
Nonstandard Errors	25
ANNOUNCEMENTS	25
Report of the Editor of TheJournal of Finance for the Year 2022	25
Equity Term Structures without Dividend Strips Data	23
Treasury Richness	22
What Drives Investors' Portfolio Choices? Separating Risk Preferences from Frictions	22
AMERICAN FINANCE ASSOCIATION	22
ANNOUNCEMENTS	22
ISSUE INFORMATION	21
Can Social Media Inform Corporate Decisions? Evidence from Merger Withdrawals	21
Thirty Years of Change: The Evolution of Classified Boards	21
	21
Stealth Acquisitions and Product Market Competition	21
Do Women Receive Worse Financial Advice?	20
The Global Credit Spread Puzzle	20
Overconfidence and Preferences for Competition	20
Optimal Financial Transaction Taxes	20
	20
Second Chance: Life with Less Student Debt	20
Unobserved Performance of Hedge Funds	20
Size, Returns, and Value: Do Private Equity Firms Allocate Capital According to Manager Skill?	19
ISSUE INFORMATION FM	19
Option Momentum	19
Worker Runs	19
Green Window Dressing	19
AMERICAN FINANCE ASSOCIATION	18
	18
Andrew W. Lo	18
ANNOUNCEMENTS	18
ISSUE INFORMATION	18
	18
	17
Baby Booms and Asset Booms: Demographic Change and the Housing Market	17
ANNOUNCEMENTS	17
The Global Impact of Brexit Uncertainty	17
ISSUE INFORMATION	17
Auctions versus Negotiations: The Role of the Payment Structure	16
Cash Heterogeneity and the Payout Channel of Monetary Policy	16
Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics	16
Bank Competition Amid Digital Disruption: Implications for Financial Inclusion	16
Equilibrium Data Mining and Data Abundance	16
Bayesian Solutions for the Factor Zoo: We Just Ran Two Quadrillion Models	16
Capital Commitment	16

Why Have CEO Pay Levels Become Less Diverse?	16
Quote Competition in Corporate Bonds	16
Firm Performance Pay as Insurance against Promotion Risk	15
AMERICAN FINANCE ASSOCIATION	15
ISSUE INFORMATION FM	15
Dynamic Trading with Realization Utility	14
Mortgage Lock‐In, Mobility, and Labor Reallocation	14
Venture Capital and Startup Agglomeration	14
Investing with Purpose: Evidence from Private Foundations	14
ANNOUNCEMENTS	14
ANNOUNCEMENTS	14
Feedback Effects and Systematic Risk Exposures	14
AMERICAN FINANCE ASSOCIATION	14
Model Secrecy and Stress Tests	13
Rent or Buy? Inflation Experiences and Homeownership within and across Countries	13
Visibility Bias in the Transmission of Consumption Beliefs and Undersaving	13
Trading and Shareholder Democracy	13
The SOE Premium and Government Support in China's Credit Market	13
ESG News, Future Cash Flows, and Firm Value	13
International Yield Curves and Currency Puzzles	13
Designing Stress Scenarios	13
AMERICAN FINANCE ASSOCIATION	13
Monetary Stimulus amidst the Infrastructure Investment Spree: Evidence from China's Loan‐Level Data	13
Detecting Informed Trading Risk from Undercutting Activity	12
ISSUE INFORMATION	12
AMERICAN FINANCE ASSOCIATION	12
(Why) Do Central Banks Care about Their Profits?	12
Discount Rates, Debt Maturity, and the Fiscal Theory	12
Report of the 2023 Annual Membership Meeting	12
The Stock Market and Bank Risk‐Taking	12
Modeling Conditional Factor Risk Premia Implied by Index Option Returns	11
Personal Communication in an Automated World: Evidence from Loan Repayments	11
Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors	11
What Drives Variation in the U.S. Debt‐to‐Output Ratio? The Dogs that Did not Bark	11
Competition and Misconduct	11
Working More to Pay the Mortgage: Household Debt, Interest Rates, and Family Labor Supply	11
How Integrated are Credit and Equity Markets? Evidence from Index Options	10
ISSUE INFORMATION FM	10
Employee Costs of Corporate Bankruptcy	10
Participant Schedule for the AFA 2023 Preliminary Program January 6–8, 2023	10
AMERICAN FINANCE ASSOCIATION	10
Report of the Editor of The Journal of Finance for the Year 2024	10
ANNOUNCEMENTS	10
Participant Schedule for the AFA 2024 Preliminary Program January 5–7, 2024	10
ANNOUNCEMENTS	9
Is There a Replication Crisis in Finance?	9
Asset Pricing and Risk‐Sharing Implications of Alternative Pension Plan Systems	9
Specialization in Bank Lending: Evidence from Exporting Firms	9
ISSUE INFORMATION	9
	9
The Virtue of Complexity in Return Prediction	9
	9
Investor Composition and the Liquidity Component in the U.S. Corporate Bond Market	9
The Anatomy of the Transmission of Macroprudential Policies	8
Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice	8
Adverse Selection in Corporate Loan Markets	8
Partisan Entrepreneurship	8
The Credit Line Channel	8
Withdrawal: Xu, Qiping, Zwick, E. “Tax Policy and Abnormal Investment Behavior.” The Journal of Finance. 30 May 2022	8
ANNOUNCEMENTS	8
Liquidity Transformation and Fragility in the U.S. Banking Sector	8
Steven N. Kaplan	7
The Pollution Premium	7
Report of the 2024 Annual Membership Meeting	7
Would Order‐By‐Order Auctions Be Competitive?	7
Decentralized Exchange: The Uniswap Automated Market Maker	6
Competition Enforcement and Accounting for Intangible Capital	6
Going for Broke: Bank Reputation and the Performance of Opaque Securities	6
Disclosing to Informed Traders	6
Fee Variation in Private Equity	6
	6
ANNOUNCEMENTS	6
	6