Journal of International Money and Finance

Article	Citations
Riding the FinTech innovation wave: FinTech, patents and bank performance	124
Forecasting realized oil-price volatility: The role of financial stress and asymmetric loss	94
Fintech, Cryptocurrencies, and CBDC: Financial Structural Transformation in China	82
Unconventional monetary policy and disaster risk: Evidence from the subprime and COVID–19 crises	67
Procyclicality of fiscal policy in European Union countries	44
Capital flow waves—or ripples? Extreme capital flow movements since the crisis	42
Interconnectedness in the global financial market	37
Inflation and exchange rate pass-through	37
A counterfactual economic analysis of Covid-19 using a threshold augmented multi-country model	36
The international effects of global financial uncertainty shocks	31
Finance and wealth inequality	31
Do EU fiscal rules support or hinder counter-cyclical fiscal policy?	29
The relationship between bank size and the propensity to lend to small firms: New empirical evidence from a large sample	28
Trade policy uncertainty and stock returns	28
Are global spillovers complementary or competitive? Need for international policy coordination	27
Fact or fiction: Implicit government guarantees in China’s corporate bond market	27
Is volatility spillover enough for investor decisions? A new viewpoint from higher moments	26
Stock market volatility and jumps in times of uncertainty	26
Herding by corporates in the US and the Eurozone through different market conditions	25
A cross-country database of fiscal space	24
Media attention and agency costs: Evidence from listed companies in China	24
Currency composition of foreign exchange reserves	24
Does multilateral lending aid capital accumulation? Role of intellectual capital and institutional quality	24
Monetary policy uncertainty in China	22
Oil prices, exchange rates and interest rates	21

Explosive dynamics in house prices? An exploration of financial market spillovers in housing markets around the world	21
Does central bank communication signal future monetary policy in a (post)-crisis era? The case of the ECB	21
The joint effects of economic policy uncertainty and firm characteristics on capital structure: Evidence from US firms	20
International bank lending channel of monetary policy	19
The impact of social capital on economic attitudes and outcomes	19
Spread the Word: International spillovers from central bank communication	19
State ownership, macroprudential policies, and bank lending	18
How post-crisis regulation has affected bank CEO compensation	18
Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design	18
The Global Financial Cycle and US monetary policy in an interconnected world	17
Exchange rates, foreign currency exposure and sovereign risk	17
Unconventional monetary policy and bank risk taking	17
Bank competition and multimarket contact intensity	17
Industry heterogeneity and exchange rate pass-through	17
The fundamentals of safe assets	17
The fragility of the Eurozone: Has it disappeared?	16
Designing a global digital currency	16
What keeps stablecoins stable?	16
Monetary policy uncertainty and monetary policy surprises	16
Beta herding through overconfidence: A behavioral explanation of the low-beta anomaly	16
The real effects of exchange rate risk on corporate investment: International evidence	16
Macroprudential and monetary policies: The need to dance the Tango in harmony	16
How important are global factors for understanding the dynamics of international capital flows?	15
Centralised or decentralised banking supervision? Evidence from European banks	15
Drawing conclusions from structural vector autoregressions identified on the basis of sign restrictions	15
Cross-border mergers and acquisitions for innovation	15
Global value chains over business cycles	15
Monetary policy news in the US: Effects on emerging market capital flows	14
Foreign-currency exposures and the financial channel of exchange rates: Eroding monetary policy autonomy in small open economies?	14
Capital flight to Germany: Two alternative measures	14
Do macroprudential policies affect the bank financing of firms in China? Evidence from a quantile regression approach	14
Shipping costs and inflation	14
Global imbalances from a stock perspective: The asymmetry between creditors and debtors	14
Dispelling the shadow of fiscal dominance? Fiscal and monetary announcement effects for euro area sovereign spreads in the corona pandemic	13
Does sovereign risk in local and foreign currency differ?	13
Bank lending and small and medium-sized enterprises’ access to finance – Effects of macroprudential policies	13
Oil price volatility forecasts: What do investors need to know?	13
Corporate Governance and Banking Systemic Risk: A Test of the Bundling Hypothesis	13
Mortgage spreads, asset prices, and business cycles in emerging countries	12
Capital market financing and firm growth	12
The impact of regional financial depth on outbound cross-border mergers and acquisitions	12
What uncertainty does to euro area sovereign bond markets: Flight to safety and flight to quality	12
The Halloween indicator, “Sell in May and Go Away”: Everywhere and all the time	12
Cryptocurrency price discrepancies under uncertainty: Evidence from COVID-19 and lockdown nexus	12
The currency composition of international reserves, demand for international reserves, and global safe assets	12
Risk, financial stability and FDI	12
Granger predictability of oil prices after the Great Recession	12
The impact of the Chilean pension withdrawals during the Covid pandemic on the future savings rate	11
Emotions in macroeconomic news and their impact on the European bond market	11
A finance approach to climate stress testing	11

Spillover effects of capital controls on capital flows and financial risk contagion	11
Media sentiment on monetary policy: Determinants and relevance for inflation expectations	11
FDI Mismatch, trade Mis-reporting, and hidden capital Movements: The USA - China case	11
Credit constraints, currency depreciation and international trade	11
Revisiting the political economy of fiscal adjustments	11
Twin deficits revisited: A role for fiscal institutions?	11
Valuation effect of capital account liberalization: Evidence from the Chinese stock market	11
Monetary policy spillovers under COVID-19: Evidence from lending by U.S. foreign bank subsidiaries	11
How has COVID-19 affected the performance of green investment funds?	11
Ties that bind: Estimating the natural rate of interest for small open economies	11
Long-run purchasing power parity redux	11
Fiscal multipliers in the COVID19 recession	10
Population aging and fiscal sustainability: Nonlinear evidence from Europe	10
How persistent are unconventional monetary policy effects?	10
ECB monetary policy and bank default risk☆	10
Monetary policy, economic uncertainty and bank risk: Cross-country evidence	10
Effects of the degree of financial constraint and excessive indebtedness on firms’ investment decisions	10
Estimating the effect of exchange rate changes on total exports	10
Speculation and informational efficiency in commodity futures markets	10
Did financial frictions stifle R&D investment in Europe during the great recession?	10
The third round of euro area enlargement: Are the candidates ready?	10
Reprint: Monetary policy uncertainty and monetary policy surprises	10
Firms’ sustainability, financial performance, and regulatory dynamics: Evidence from European firms	10
The dynamics of core and periphery in the European monetary union: A new approach	10
Technological progress and monetary policy: Managing the fourth industrial revolution	10
Drivers and spillover effects of inflation: The United States, the euro area, and the United Kingdom☆	9
Quantitative easing and exuberance in stock markets: Evidence from the euro area	9
On the (Changing) asymmetry of global spillovers: Emerging markets vs. advanced economies	9
Singular spectrum analysis for real-time financial cycles measurement	9
GEA tracker: A daily indicator of global economic activity	9
The risk-taking channel of international financial flows	9
Shadow banking and the bank lending channel of monetary policy in China	9
Private and public debt interlinkages in bad times	9
Cross-border investments and uncertainty: Firm-level evidence	9
Bank regulation, supervision and liquidity creation	9
Digitalization, retail trade and monetary policy	9
Sovereign risk evaluation for European Union countries	9
Assessing cross-border interconnectedness between shadow banking systems	9
FDI and firm productivity in host countries: The role of financial constraints	9
The effects of fiscal institutions on fiscal adjustment	9
Shadow banks, banking policies and China’s macroeconomic fluctuations	9
Is the renminbi a safe-haven currency? Evidence from conditional coskewness and cokurtosis	9
Switching volatility in a nonlinear open economy	9
Does publication of interest rate paths provide guidance?	8
How much does economic news influence bilateral exchange rates?	8
Oil price pass-through into consumer prices: Evidence from U.S. weekly data	8
Cross-border capital flows and return dynamics in emerging stock markets: Relative roles of equity and debt flows	8
Central bank tone and currency risk premia	8
What macroeconomic conditions lead financial crises?	8
Bilateral de-jure exchange rate regimes and foreign direct investment: A gravity analysis	8
Exchange rate pass-through to Japanese prices: Import prices, producer prices, and the core CPI	8
Can risk explain the profitability of technical trading in currency markets?	8
The effects of U.S. monetary policy on international mutual fund investment	8
The potential impact of financial portability measures on mortgage refinancing: Evidence from Chile	8
The growing impact of US monetary policy on emerging financial markets: Evidence from India	8
Fragility and the effect of international uncertainty shocks	8
Moving closer? Comparing regional adjustments to shocks in EMU and the United States	7
Does communication influence executives’ opinion of central bank policy?☆	7
Good-bye original sin, hello risk on-off, financial fragility, and crises?	7
Quantitative easing and the hot potato effect: Evidence from euro area banks	7
Monetary policy spillovers under intermediate exchange rate regimes	7
Geographic deregulation and banks’ cost of equity capital	7
Central bank swap arrangements in the COVID-19 crisis	7
The effects of inequality in the 1997–98 Asian crisis and the 2008–09 global tsunami: The case of five Asian economies	7
Green lending and stock price crash risk: Evidence from the green credit reform in China	7
Trade policy uncertainty and foreign direct investment: Evidence from China’s WTO accession	7
The rewards of fiscal consolidations: Sovereign spreads and confidence effects	7
The impact of China’s fiscal and monetary policy responses to the great recession: An analysis of firm-level Chinese data	7
Financial stress in lender countries and capital outflows from emerging market economies	7
External debt composition and domestic credit cycles	7
Complexity of ECB communication and financial market trading	7
Fluctuations in global output volatility	7
Money stock versus monetary base in time–frequency exchange rate determination	6
Cross-stock market spillovers through variance risk premiums and equity flows	6
Capital controls and international trade: An industry financial vulnerability perspective	6
Price effects of unconventional monetary policy announcements on European securities markets	6
Do central banks rebalance their currency shares?	6
Pandemics, intermediate goods, and corporate valuation	6
Does investor sentiment affect bank stability? International evidence from lending behavior	6
The impact of macroprudential policies on capital flows in CESEE	6

The maturity of sovereign debt issuance in the euro area	6
Access to finance and the exchange rate elasticity of exports	6
Uncertainty shocks and systemic-risk indicators	6
What types of capital flows help improve international risk sharing?	6
Innovation and FDI: Does the target of intellectual property rights protection matter?	6
Exchange rate forecasting on a napkin	6
FX spot and swap market liquidity spillovers	6
Two challenges from globalization	6
Financial structure and income inequality	6
Offshore EME bond issuance and the transmission channels of global liquidity	6
Financial stress and the probability of sovereign default	6
The portfolio holdings of euro area investors: Looking through investment funds	6
Variable export price elasticity, product quality, and credit constraints: Theory and evidence from Greek firms	6
Examining macroprudential policy and its macroeconomic effects – Some new evidence	6
Trade wars and asset prices	6
Investor sentiment and sovereign bonds	6
Trade, FDI, and Global Imbalances	6
Is domestic uncertainty a local pull factor driving foreign capital inflows? New cross-country evidence	6
Debt is not free	6
The world of anomalies: Smaller than we think?	6
Is China fudging its GDP figures? Evidence from trading partner data	6
International shadow banking and prudential capital controls	6
Fiscal stress and monetary policy stance in oil-exporting countries	6
r* and the global economy	6
Global economic policy Uncertainty, gross capital Inflows, and the mitigating role of Macroprudential policies	6
The evolution of purchasing power parity	6
Trade shocks and the shifting landscape of U.S. manufacturing	5
Legal harmonization, institutional quality, and countries’ external positions: A sectoral analysis	5
Facing the Quadrilemma: Taylor rules, intervention policy and capital controls in large emerging markets	5
The effect of market returns and volatility on investment choices in Chile’s defined contribution retirement plan	5
Attractive and non-attractive currencies	5
Listed real estate futures trading, market efficiency, and direct real estate linkages: International evidence	5
The effects of U.S. monetary policy shocks on mutual fund investing	5
A panel VAR analysis of macro-financial imbalances in the EU	5
Pegxit pressure	5
Speculative bubbles in segmented markets: Evidence from Chinese cross-listed stocks	5
Prime money market funds regulation, global liquidity, and the crude oil market	5
Drivers of consumer prices and exchange rates in small open economies	5
Sudden stops in the Euro Area: Does monetary union matter?	5
Information rigidities and exchange rate expectations	5
Central bank mandates: How differences can influence the content and tone of central bank communication	5
Recalibration of capital controls: Evidence from the IMF taxonomy	5
Financial market linkages and the sovereign debt crisis	5
European bank margins at the zero lower bound	5
Recent developments in exchange rate pass-through: What have we learned from uncertain times?	5
Does a reduction of state control affect IPO underpricing? Evidence from the Chinese A-share market	5
Familiarity and Surprises in International Financial Markets: Bad news travels like wildfire; good news travels slow	5
The effects of financial integration during crises	5
The evolution of offshore renminbi trading: 2016 to 2019	5
Assessing the cyclical behaviour of bank capital buffers in a finance-augmented macro-economy	5
Monetary theory reversed: Virtual currency issuance and the inflation tax	5
Do fixers perform worse than non-fixers during global recessions and recoveries?	5
A Requiem for “Blame It on Beijing” interpreting rotating global current account surpluses	5
Is capital flow management effective? Evidence based on U.S. monetary policy shocks	5
Shock-dependent exchange rate pass-through: Evidence based on a narrative sign approach for Japan	5
Sovereign risk and asset market dynamics in the euro area	5
Not all government budget deficits are created equal: Evidence from advanced economies' sovereign bond markets	5
In the face of spillovers: Prudential policies in emerging economies	5
Exchange rate dependence and economic fundamentals: A Copula-MIDAS approach	5
National culture and the choice of exchange rate regime	5
EME financial conditions: Which global shocks matter?	4
Life after default. Private and official deals	4
Flights-to-safety and macroeconomic adjustment in emerging markets: The role of U.S. monetary policy	4
Mortgage-related bank penalties and systemic risk among U.S. banks	4
Government spending and interest rates	4
Import prices and invoice currency: Evidence from Chile	4
Rebalancing the euro area: Is wage adjustment in Germany the answer?	4
Accumulation of foreign currency reserves and risk-taking	4
Identifying external debt shocks in low- and middle-income countries	4
Firm dynamics and SOE transformation during China’s Economic Reform	4
Reprint: Is China fudging its GDP figures? Evidence from trading partner data	4
Hysteresis and fiscal stimulus in a recession	4
Economic integration and exchange market pressure in a policy uncertain world	4
Household debt, consumption and inequality	4
Insider ownership, governance mechanisms, and corporate bond pricing around the world	4
Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets	4
Sovereign bond and CDS market contagion: A story from the Eurozone crisis	4
Banks fearing the drought? Liquidity hoarding as a response to idiosyncratic interbank funding dry-ups	4
What affects bank market power in the euro area? A country-level structural model approach	4
Measuring the natural rates of interest of OECD and BRICS economies: A time varying perspective	4
Inquiry on the transmission of U.S. aggregate shocks to Mexico: A SVAR approach	4
Perceived monetary policy uncertainty	4
Bank risks and lending outcomes: Evidence from QE	4
Loan supply and bank capital: A micro-macro linkage	4
Optimal reserves in financially closed economies	4
Global financial cycles since 1880	4
Reaching out to the unbanked: The role of political ideology in financial inclusion	4
Bond flows and liquidity: Do foreigners matter?	4
Fiscal policy and fiscal fragility: Empirical evidence from the OECD	4
Safe U.S. Assets and U.S. Capital Flows	4
The time-varying risk price of currency portfolios	4
Follow the money: Does the financial sector intermediate natural resource windfalls?	4
The cost of banking crises: Does the policy framework matter?	4
The Fed and the stock market: A tale of sentiment states	4
External financing risks: How important is the composition of the international investment position?	4