Journal of International Money and Finance

Article	Citations
Editorial Board	154
Prices and returns: Role of inflation	109
International macroeconomic vulnerability	95
Inflation and income inequality in an open-economy growth model with liquidity constraints on R&D	94
A primer on bitcoin cross-border flows: Measurement and drivers	90
Prime money market funds regulation, global liquidity, and the crude oil market	89
An empirical inquiry into the distributional consequences of energy price shocks	80
Can exchange rate pass-throughs be perverse? A robust multiple-prior Bayesian SVAR approach*	76
DeFi: Mirage or reality? Unveiling wealth centralization risk in Decentralized Finance	65
Understanding the use of unconventional monetary policy for portfolio decarbonisation in Europe	57
Adjusting toward long-run purchasing power parity	57
Public debt and state-dependent effects of fiscal policy in the euro area	53
Stock return comovement when investors are distracted: More, and more homogeneous	52
Prudential policies and systemic risk: The role of interconnections	46
Shadow banking and the bank lending channel of monetary policy in China	38
What keeps stablecoins stable?	38
Perceived monetary policy uncertainty	35
Financial integration and hedging and safe haven properties of metals for sovereign bonds	35
Editorial Board	34
Climate change uncertainty and corporate debt relationship: A quantile panel data analysis	34
What type of information calls the attention of forecasters? Evidence from survey data in an emerging market	34
Editorial Board	33
Editorial Board	33
Editorial Board	32
The low-magnitude and high-magnitude asymmetries in tail dependence structures in international equity markets and the role of bilateral exchange rate	32

2023 Asia economic policy Conference: Global Linkages in a Post-Pandemic World conference summary	32
How does central bank independence influence the relationship between inflation, income inequality and poverty?	31
Does US financial uncertainty spill over through the (asymmetric) international credit channel? The role of market expectations	31
The impact of financial stress shocks on commodity prices	30
The currency channel of the global bank leverage cycle	29
Exchange rates and information about future fundamentals	29
Corporate investment decisions amid climate risks: Relocate or stay?	29
Diversification strategies and investment opportunities in the international banking industry	29
Mind the tone: Responses of inflation expectations to central bankers’ speeches	28
Economic policy uncertainty and foreign exchange market implied volatility: A complex partial wavelet coherence approach	28
Yes! uncovered interest parity does hold in the long run	27
Disentangling oil price uncertainty in the U.S.	27
Sustainable versus conventional bonds: A comparative analysis of primary market spreads	27
Optimal credit development regimes and impact of foreign capital flows	27
Does the uncovered interest parity hold better in korea?	26
Are R&D-intensive firms more resilient to trade shocks? Evidence from the U.S.–China trade war	26
In search of the origin of original sin dissipation	26
Follow the money: Does the financial sector intermediate natural resource windfalls?	25
Compass guided: Northbound capital flow and investment clustering in China	24
Shifting risk preferences of foreign institutional investors on corporate social responsibility amidst the U.S.-China trade war	24
Technology and the geography of the foreign exchange market	23
Geoeconomic fragmentation and commodity markets	23
Challenges in promoting local currency corporate bonds in Asia: Evidence from international business relationships	23
Monetary-fiscal policy interactions in public debt consolidation: the role of fiscal rules and inflation targeting	23
Exchange rate dynamics and the central bank's balance sheet	23
Production structure, tradability and fiscal spending multipliers	23
Reconciling contrasting views on the growth effect of currency misalignments	22
Price diffusion across international private commercial real estate markets	22
China’s financial spillovers to emerging markets	21
Monetary policy, threshold of profitability and dynamics of private investment in the West African Economic and Monetary Union	21
Union debt management	21
Bitcoin market segmentation and regulatory effect	21
Life cycle performance of hedge fund managers	21
Firm-level climate change risk and corporate debt maturity	21
Domestic lending and the pandemic: How does banks’ exposure to COVID-19 abroad affect their lending in the United States?	20
Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU	20
Time-varying exchange rate pass-through into terms of trade	20
Effects of monetary policy uncertainty on debt financing: Evidence from Korean heterogeneous firms	20
The path to currency internationalization: Insights from the Chinese renminbi	20
Globalisation and the efficiency-equity trade-off	20
Price comovement and market segmentation of Chinese A- and H-shares: Evidence from a panel latent-factor model	19
Too much is too bad: The effect of media coverage on the price volatility of cryptocurrencies	19
Can Firms’ ESG initiatives deter hostile Takeovers?	19
Cooling the mortgage loan market: The effect of borrower-based limits on new mortgage lending	19
The influence of maritime freight cost tail risk on publicly traded industrial and transport companies	19
Mandatory versus voluntary: The real effect of ESG disclosures on corporate earnings management	19
Catching up by ‘Deglobalizing’: Capital account policy and economic growth	19
Bond supply expectations and the term structure of interest rates	18
Exchange rate forecasting with macroeconomic data: Evidence from a novel comprehensive ensemble approach	18
The rich, poor, and middle class: Banking crises and income distribution	18

An unconventional FX tail risk story	18
Optimal monetary policy and the time-dependent price and wage Phillips curves: An international comparison	18
Editorial Board	18
Cross-border capital flows and information spillovers across the equity and currency markets in emerging economies	17
Liquidity, sentiment, and global spillover across financial markets	17
The effect of exchange rate uncertainty on international trade: The role of financial frictions	17
Is disagreement beneficial for market efficiency? Evidence from ESG ratings	17
The lasting effect of yen-buying interventions: Two cases of Japanese FX interventions in 1997–98 and 2022	17
Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals	17
Global economic policy Uncertainty, gross capital Inflows, and the mitigating role of Macroprudential policies	17
Testing competing world trade models against the facts of world trade	17
Central bank mandates: How differences can influence the content and tone of central bank communication	17
Monetary policy and inequality: Distributional effects of asset purchase programs	17
Spillovers between cryptocurrencies and financial markets in a global framework	16
The investment implications of sustainable investing	16
Global mispricing matters	16
Global and local drivers of Bitcoin trading vis-à-vis fiat currencies	16
ECB communication policies: An overview and comparison with the Federal Reserve	16
Price ceiling, carbon emissions reduction and capacity investment	16
Editorial Board	16
Credit shocks fade, output shocks persist: A meta-analysis of 2600 VAR estimates across 63 countries	16
What is real and what is not in the global FDI network?	16
The choice of flotation methods: Evidence from Chinese seasoned equity offerings	16
Transmission of natural disasters to the banking sector: Evidence from thirty years of tropical storms in the Caribbean	16
Digital safeguards in trade wars: assessing the impact of China’s CBEC pilot zone on global supply chain resilience	16
Signal in the noise: Trump tweets and the currency market	15
How large and persistent is the response of inflation to changes in retail energy prices?	15
Assessing the effects of borrower-based macroprudential policy on credit in the EU using intensity-based indices	15
A global assessment of banks’ capacity to support the energy transition: Evidence from developed and emerging markets	15
Central bank communication of uncertainty	15
The economic consequences of fiscal rules	14
UK monetary policy in an estimated DSGE model with state-dependent price and wage contracts	14
Blowing against the Wind? a narrative approach to central Bank foreign exchange intervention	14
Government spending dynamics in small open economies	14
Monetary and fiscal policy in a two-country model with behavioral expectations	14
The dynamic trade and welfare effects of RCEP	14
Evolution of the exchange rate pass-through into prices in Peru: An empirical application using TVP-VAR-SV models	14
Fiscal spillovers through informal financial channels	13
Breaking badly: The currency union effect on trade	13
Invoice currency choice in intra-firm trade: a transaction-level analysis of Japanese automobile exports	13
Exchange rate, foreign currency debt and firm-level investment	13
Monetary policy surprise shocks under different fiscal regimes: A panel analysis of the Euro Area	13
Preventing sudden stops in net capital flows	13
The effects of inflation uncertainty on firms and the macroeconomy	13
Stablecoin price dynamics under a peg-stabilising mechanism	13
A comprehensive MacroEconomic uncertainty measure for the euro area and its implications to COVID-19	12
Revisiting the spanning hypothesis with machine learning methods: a systematic literature review	12
The risk sensitivity of global liquidity flows: Heterogeneity, evolution and drivers	12
Do adjustment costs influence firms’ target adjustment speeds? International evidence from share repurchase legalization	12
Investigating the dynamics of crisis transmission channels: A comparative analysis	12
Capital controls and foreign reserves against external shocks: Combined or alone?	12
Just do IT? An assessment of inflation targeting in a global comparative case study	12
The role of global inflation in estimation of US output components in the post Bretton Woods Era: evidence from multivariate unobserved components models	12
The Fed and the stock market: A tale of sentiment states	12
“Crowding in” effect of public investment on private investment revisited	12
The trend effect of foreign exchange intervention	12
The sudden stops of international capital flows and corporate financing constraints——An empirical analysis based on global listed companies	12
Is high debt Constraining monetary policy? evidence from inflation expectations	12
How do institutions affect output recovery after financial crises?	12
Inflation, interest rate, and firm efficiency: The impact of policy uncertainty	12
Public spending and inclusive growth: A cross-country empirical analysis	12
Exchange rate predictability: Fact or fiction?	12
Real business cycles in emerging countries: Are Asian business cycles different from Latin American business cycles?	11
Gross capital inflows, the U.S. economy, and the response of the Federal Reserve	11
Climate change and U.S. Corporate bond market activity: A machine learning approach	11
Can you hear me now? Identifying the effect of Chinese monetary policy announcements	11
Corrigendum to “Trust, risk, and provisions: how man-made disasters shape banking behavior”. [J. Int. Money Finan. 164 (2026) 103553]	11
China’s GDP-at-Risk: Real-Time Monitoring, Risk Tracing, and Macroeconomic Policy Effects	11
Editorial Board	11
A new look at the role of misalignment in growth	11
Monetary and fiscal policy impacts under alternative trilemma regimes	11
The medium-term effects of fiscal policy rules	10
Post-pandemic monetary policy in Korea: toward an Integrated Policy Framework	10
Heterogeneous international monetary transmissions: The role of inflation	10
Spillovers from US monetary policy: Role of policy drivers and cyclical conditions	10
Capital inflow liberalization and bank credit risk	10
Current account dynamics and saving-investment nexus in a changing and uncertain world	10
Exchange rate narratives	10
Risk-on/risk-off: Measuring shifts in investor risk bearing capacity	10
Robust regularities in the heterogeneity of consumer price inflation	10

Dollar not so dominant: Dollar invoicing has only a small effect on trade prices	10
Corporate debt Regime under Political, Economic, and climate uncertainties	10
Quantifying spillovers among regions	10
U.S. monetary policy shock spillovers: evidence from firm-level data	10
A cross-country database of fiscal space	10
Not only green: Sustainability and debt capital markets	10
ECOWAS single currency: Prospective effects on trade	10
From independence to interdependence: The global connectedness of central banks’ balance sheet total assets	10
Editorial Board	10
Rethinking currency factors: The case for mean-variance optimisation	10
Early-Life currency crises and exchange rate pass-through: Understanding the impact of central Bankers’ formative years in Africa	9
Inspecting cross-border macro-financial mechanisms	9
COVID-19 and redemptions from Irish-resident bond funds	9
Extrapolation beyond peers: An asset pricing perspective	9
Metal and energy price uncertainties and the global economy	9
RMB exchange rate volatility and the cross-section of Chinese A-share returns	9
Protectionism, bilateral integration, and the cross section of exchange rate returns in US presidential debates	9
Samuelson hypothesis and carry arbitrage: U.S. and China	9
How U.S. tariffs impact China’s domestic sourcing: Evidence from firm-to-firm transactions	9
Bank resolution, regulatory arbitrage, and systemic risk	9
The information content of capital controls	9
Data transparency and GDP growth forecast errors	9
Liquidity shocks and the negative premium of liquidity volatility around the world	9
Commodity returns co-movement, uncertainty shocks, and the US dollar exchange rate	9
Financial contagion and networks among the oil and BRICS stock markets during seven episodes of crisis events	9
Monetary policy when export revenues drop	9
Federal policy announcements and capital reallocation: Insights from inflow and outflow trends in the U.S.	9
Facilitator or threat? The role of liquidity in insider information exploitation	9
Multinationals' profits in China: Impact of tax avoidance	8
Access to overseas information and domestic value added: Evidence from China	8
The market stabilization role of central bank asset purchases: High-frequency evidence from the COVID-19 crisis	8
Economic policy uncertainty in OFDI host countries and the cross-section of stock returns	8
Sustainable regulation, stronger currencies: Evidence from capital flow dynamics	8
Exchange rate regime and optimal policy: The case of China	8
Original sin redux and deviations from covered interest parity	8
Commodity prices and international Inflation, 1851–1913	8
Trends of relative commodity prices with comovements and structural breaks	8
China’s overseas infrastructure investment: The impact of host country sovereign risk post-covid-19	8
Debt shocks and the dynamics of output and inflation in emerging economies	8
Connector countries in a geoeconomically fragmenting world	8
Exploring the informativeness and drivers of tone during committee meetings: The case of the Federal Reserve	8
Economic uncertainty measures, experts and large language models	8
A Markov-switching dynamic factor framework for dating global economic cycles	8
Does risk aversion predict the future real economy?	8
Terrorism and corporate innovation: Evidence from a cross-country study	8
Fiscal and monetary policies for inclusive growth in developing and emerging markets	8
Growth, interrupted: How crises delay global convergence	8
A finance approach to climate stress testing	8
How has COVID-19 affected the performance of green investment funds?	8
Capital flows and growth across developing countries	8
Divine dividends: How religious traditions shape corporate payout policies	8
SDG performance and stock returns: Fresh insights from China	8
Systemic risk in global FX markets: Measurement and determinants	8
Central bank communication and public trust: The case of ECB speeches	7
Misaligned currencies and economic growth: The role of global value chains	7
Exchange rate in emerging markets: Shock absorber or source of shock?	7
Do foreign firms cater to American investors’ dividend desires?	7
Can participation in IMF programs facilitate sovereign debt rescheduling? The role of program size	7
Political risk and corporate international supply chain	7
Trust in the central bank, financial literacy, and personal beliefs	7
National development banks and loan contract terms: Evidence from syndicated loans	7
The firm-level and aggregate effects of corporate payout policy	7
Maximally predictable currency portfolios	7
Cross-country uncertainty spillovers: Evidence from international survey data	7
Lessons from low interest rate policy: How did euro area banks respond?	7
The effects of uncertainty on the dynamics of stock market interdependence: Evidence from the time-varying cointegration of the G7 stock markets	7
A quasi-experiment in monetary policy: The impact of unexpected easing on inflation expectations and firm behavior	7
Cross-border portfolio flows and news media coverage	7
One-stop source: A global database of inflation	7
Green lending and stock price crash risk: Evidence from the green credit reform in China	7
The origin of the law of one price deviations: Insights from the good-level real exchange rate volatility	7
From depegs to jumps: The role of stablecoin instabilities in crypto market dynamics	7
Asymmetric inflation target credibility	7
Not all housing cycles are created equal: Macroeconomic consequences of housing booms	7
Financial transparency and anomalous portfolio investment flows: A gravity analysis	7
Public debt and r-g risks in advanced economies: Eurozone versus stand-alone	7
Industry growth at the lower bound	7
Can structural loan policy promote low-carbon transition of manufacturing enterprises? New evidence from China	7
Bitcoin volatility and the Public’s attention towards financial bubbles	7
External financing risks: How important is the composition of the international investment position?	7
Risk retention in the European securitization market: Skimmed by the skin-in-the-game methods?	7
Local labor market and the cross section of stock returns	6
Hiding in plain sight: Detecting underground sportsbooks through local Bitcoin demand	6
Hedging sanctions risk: Cryptocurrency in central bank reserves	6
Banks, deposit rigidity and negative rates	6
Does what happens on-chain stays on-chain? The dynamics of blockchain token transactions and prices	6
GDP-linked bonds and economic growth	6
Cultural trust biases and syndicated loan market	6
News of disinflation and firms’ expectations: New causal evidence	6
Stock market evidence on the international transmission channels of US monetary policy surprises	6
A model of international currency with private information	6
SMEs’ financing in the aftermath of the financial and sovereign debt crises: A comparison across euro area countries	6
Nominal exchange rates and net foreign assets' dynamics: The stabilization role of valuation effects	6
Historical performance of rule-like monetary policy	6
Decoding the digital finance revolution: How BigTechs, FinTechs and crypto-assets shape financial systemic risk in US and EU	6