Journal of International Money and Finance

Article	Citations
Riding the FinTech innovation wave: FinTech, patents and bank performance	182
Fintech, Cryptocurrencies, and CBDC: Financial Structural Transformation in China	127
Unconventional monetary policy and disaster risk: Evidence from the subprime and COVID–19 crises	93
Capital flow waves—or ripples? Extreme capital flow movements since the crisis	62
Procyclicality of fiscal policy in European Union countries	58
Interconnectedness in the global financial market	54
A cross-country database of fiscal space	47
The international effects of global financial uncertainty shocks	43
Do EU fiscal rules support or hinder counter-cyclical fiscal policy?	40
A counterfactual economic analysis of Covid-19 using a threshold augmented multi-country model	39
Trade policy uncertainty and stock returns	38
Fact or fiction: Implicit government guarantees in China’s corporate bond market	38
Media attention and agency costs: Evidence from listed companies in China	37
Finance and wealth inequality	36
Is volatility spillover enough for investor decisions? A new viewpoint from higher moments	36
The relationship between bank size and the propensity to lend to small firms: New empirical evidence from a large sample	36
Stock market volatility and jumps in times of uncertainty	36
Oil prices, exchange rates and interest rates	35
Monetary policy uncertainty in China	30
The joint effects of economic policy uncertainty and firm characteristics on capital structure: Evidence from US firms	29
Are global spillovers complementary or competitive? Need for international policy coordination	29
Shipping costs and inflation	29
Herding by corporates in the US and the Eurozone through different market conditions	28
Does multilateral lending aid capital accumulation? Role of intellectual capital and institutional quality	27
Growth-friendly fiscal rules? Safeguarding public investment from budget cuts through fiscal rule design	27

What keeps stablecoins stable?	26
The impact of social capital on economic attitudes and outcomes	26
A finance approach to climate stress testing	25
Exchange rates, foreign currency exposure and sovereign risk	23
Global value chains over business cycles	23
State ownership, macroprudential policies, and bank lending	22
The fragility of the Eurozone: Has it disappeared?	22
Bank lending and small and medium-sized enterprises’ access to finance – Effects of macroprudential policies	21
Firms’ sustainability, financial performance, and regulatory dynamics: Evidence from European firms	21
Capital market financing and firm growth	20
Beta herding through overconfidence: A behavioral explanation of the low-beta anomaly	20
How important are global factors for understanding the dynamics of international capital flows?	20
Macroprudential and monetary policies: The need to dance the Tango in harmony	20
The Global Financial Cycle and US monetary policy in an interconnected world	20
Unconventional monetary policy and bank risk taking	20
Designing a global digital currency	19
The real effects of exchange rate risk on corporate investment: International evidence	18
Monetary policy news in the US: Effects on emerging market capital flows	18
Oil price volatility forecasts: What do investors need to know?	18
Drawing conclusions from structural vector autoregressions identified on the basis of sign restrictions	18
Do macroprudential policies affect the bank financing of firms in China? Evidence from a quantile regression approach	18
Bank competition and multimarket contact intensity	17
Foreign-currency exposures and the financial channel of exchange rates: Eroding monetary policy autonomy in small open economies?	17
How has COVID-19 affected the performance of green investment funds?	17
Drivers and spillover effects of inflation: The United States, the euro area, and the United Kingdom☆	17
Risk, financial stability and FDI	17
Corporate Governance and Banking Systemic Risk: A Test of the Bundling Hypothesis	16
Centralised or decentralised banking supervision? Evidence from European banks	16
Cross-border mergers and acquisitions for innovation	16
What uncertainty does to euro area sovereign bond markets: Flight to safety and flight to quality	16
Monetary policy uncertainty and monetary policy surprises	16
Media sentiment on monetary policy: Determinants and relevance for inflation expectations	16
Monetary policy, economic uncertainty and bank risk: Cross-country evidence	15
Reprint: Monetary policy uncertainty and monetary policy surprises	15
Population aging and fiscal sustainability: Nonlinear evidence from Europe	15
The Halloween indicator, “Sell in May and Go Away”: Everywhere and all the time	15
FDI and firm productivity in host countries: The role of financial constraints	14
The effects of U.S. monetary policy on international mutual fund investment	14
Switching volatility in a nonlinear open economy	14
Oil price pass-through into consumer prices: Evidence from U.S. weekly data	14
Dispelling the shadow of fiscal dominance? Fiscal and monetary announcement effects for euro area sovereign spreads in the corona pandemic	14
Singular spectrum analysis for real-time financial cycles measurement	14
Twin deficits revisited: A role for fiscal institutions?	14
ECB monetary policy and bank default risk☆	14
Green lending and stock price crash risk: Evidence from the green credit reform in China	14
Emotions in macroeconomic news and their impact on the European bond market	14
Bank regulation, supervision and liquidity creation	14
The impact of the Chilean pension withdrawals during the Covid pandemic on the future savings rate	14
Monetary policy spillovers under COVID-19: Evidence from lending by U.S. foreign bank subsidiaries	14
Is the renminbi a safe-haven currency? Evidence from conditional coskewness and cokurtosis	13

Did financial frictions stifle R&D investment in Europe during the great recession?	13
One-stop source: A global database of inflation	13
Effects of the degree of financial constraint and excessive indebtedness on firms’ investment decisions	13
The growing impact of US monetary policy on emerging financial markets: Evidence from India	13
Cryptocurrency price discrepancies under uncertainty: Evidence from COVID-19 and lockdown nexus	13
Is domestic uncertainty a local pull factor driving foreign capital inflows? New cross-country evidence	13
Ties that bind: Estimating the natural rate of interest for small open economies	13
Climate impacts on the loan quality of Chinese regional commercial banks	13
Central bank mandates: How differences can influence the content and tone of central bank communication	13
Mortgage spreads, asset prices, and business cycles in emerging countries	12
Long-run purchasing power parity redux	12
Digitalization, retail trade and monetary policy	12
Private and public debt interlinkages in bad times	12
Bilateral de-jure exchange rate regimes and foreign direct investment: A gravity analysis	12
Fiscal multipliers in the COVID19 recession	12
Global economic policy Uncertainty, gross capital Inflows, and the mitigating role of Macroprudential policies	12
How much does economic news influence bilateral exchange rates?	12
FDI Mismatch, trade Mis-reporting, and hidden capital Movements: The USA - China case	12
Revisiting the political economy of fiscal adjustments	11
Speculation and informational efficiency in commodity futures markets	11
Assessing cross-border interconnectedness between shadow banking systems	11
Shadow banks, banking policies and China’s macroeconomic fluctuations	11
Monetary policy and Bitcoin	11
Financial structure and income inequality	11
Fiscal stress and monetary policy stance in oil-exporting countries	11
The dynamics of core and periphery in the European monetary union: A new approach	11
Trade policy uncertainty and foreign direct investment: Evidence from China’s WTO accession	11
GEA tracker: A daily indicator of global economic activity	11
What macroeconomic conditions lead financial crises?	11
Technological progress and monetary policy: Managing the fourth industrial revolution	11
Quantitative easing and exuberance in stock markets: Evidence from the euro area	11
Trade wars and asset prices	11
Central bank tone and currency risk premia	10
Cross-border investments and uncertainty: Firm-level evidence	10
Do central banks rebalance their currency shares?	10
Exchange rate pass-through to Japanese prices: Import prices, producer prices, and the core CPI	10
Financial stress in lender countries and capital outflows from emerging market economies	10
Global supply chain pressures, inflation, and implications for monetary policy	10
How persistent are unconventional monetary policy effects?	10
Central bank swap arrangements in the COVID-19 crisis	10
The effects of fiscal institutions on fiscal adjustment	10
Recent developments in exchange rate pass-through: What have we learned from uncertain times?	10
The potential impact of financial portability measures on mortgage refinancing: Evidence from Chile	10
Good-bye original sin, hello risk on-off, financial fragility, and crises?	9
A Requiem for “Blame It on Beijing” interpreting rotating global current account surpluses	9
Perceived monetary policy uncertainty	9
Cross-border capital flows and return dynamics in emerging stock markets: Relative roles of equity and debt flows	9
The world of anomalies: Smaller than we think?	9
Examining macroprudential policy and its macroeconomic effects – Some new evidence	9
The rewards of fiscal consolidations: Sovereign spreads and confidence effects	9
Shadow banking and the bank lending channel of monetary policy in China	9
Economic integration and exchange market pressure in a policy uncertain world	9
Complexity of ECB communication and financial market trading	9
The relationship between firm-level climate change exposure, financial integration, cost of capital and investment efficiency	9
The impact of macroprudential policies on capital flows in CESEE	9
The portfolio holdings of euro area investors: Looking through investment funds	9
Does communication influence executives’ opinion of central bank policy?☆	8
The effects of inequality in the 1997–98 Asian crisis and the 2008–09 global tsunami: The case of five Asian economies	8
Flights-to-safety and macroeconomic adjustment in emerging markets: The role of U.S. monetary policy	8
Monetary policy spillovers under intermediate exchange rate regimes	8
A panel VAR analysis of macro-financial imbalances in the EU	8
Real exchange rate and international reserves in the era of financial integration	8
Moving closer? Comparing regional adjustments to shocks in EMU and the United States	8
Fragility and the effect of international uncertainty shocks	8
Can risk explain the profitability of technical trading in currency markets?	8
External debt composition and domestic credit cycles	8
Listed real estate futures trading, market efficiency, and direct real estate linkages: International evidence	8
Investor sentiment and sovereign bonds	8
What types of capital flows help improve international risk sharing?	8
FX spot and swap market liquidity spillovers	8
Offshore EME bond issuance and the transmission channels of global liquidity	8
Financial stress and the probability of sovereign default	8
The maturity of sovereign debt issuance in the euro area	8
Reaching out to the unbanked: The role of political ideology in financial inclusion	8
Cross-stock market spillovers through variance risk premiums and equity flows	8
Household deposits and consumer sentiment expectations: Evidence from Eurozone	8
Capital controls and international trade: An industry financial vulnerability perspective	8
Debt is not free	8
Geographic deregulation and banks’ cost of equity capital	8
In the face of spillovers: Prudential policies in emerging economies	7

Pandemics, intermediate goods, and corporate valuation	7
The effects of financial integration during crises	7
The evolution of offshore renminbi trading: 2016 to 2019	7
The evolution of purchasing power parity	7
Innovation and FDI: Does the target of intellectual property rights protection matter?	7
Fluctuations in global output volatility	7
How do oil prices affect emerging market sovereign bond spreads?	7
Public debt and r-g risks in advanced economies: Eurozone versus stand-alone	7
Hysteresis and fiscal stimulus in a recession	7
Prime money market funds regulation, global liquidity, and the crude oil market	7
Shock-dependent exchange rate pass-through: Evidence based on a narrative sign approach for Japan	7
Government spending and interest rates	7
Follow the money: Does the financial sector intermediate natural resource windfalls?	7
Is China fudging its GDP figures? Evidence from trading partner data	7
Does investor sentiment affect bank stability? International evidence from lending behavior	7
Trade shocks and the shifting landscape of U.S. manufacturing	7
Quantitative easing and the hot potato effect: Evidence from euro area banks	7
The effects of U.S. monetary policy shocks on mutual fund investing	7
Cooling the mortgage loan market: The effect of borrower-based limits on new mortgage lending	7
Exchange rate dependence and economic fundamentals: A Copula-MIDAS approach	6
International shadow banking and prudential capital controls	6
Drivers of consumer prices and exchange rates in small open economies	6
Shadow of the colossus: Euro area spillovers and monetary policy in Central and Eastern Europe	6
Two challenges from globalization	6
Price effects of unconventional monetary policy announcements on European securities markets	6
Recalibration of capital controls: Evidence from the IMF taxonomy	6
Access to finance and the exchange rate elasticity of exports	6
Central bank communication and public trust: The case of ECB speeches	6
Measuring the natural rates of interest of OECD and BRICS economies: A time varying perspective	6
The cost of banking crises: Does the policy framework matter?	6
What drives the commodity-sovereign risk dependence in emerging market economies?	6
The Fed and the stock market: A tale of sentiment states	6
Macro-financial spillovers	6
The effect of market returns and volatility on investment choices in Chile’s defined contribution retirement plan	6
Assessing the cyclical behaviour of bank capital buffers in a finance-augmented macro-economy	6
The ESG washing in banks: Evidence from the syndicated loan market	6
Financial market linkages and the sovereign debt crisis	6
Uncertainty shocks and systemic-risk indicators	6
Land holdings and outward foreign direct investment: Evidence from China	6
European bank margins at the zero lower bound	6
Does a reduction of state control affect IPO underpricing? Evidence from the Chinese A-share market	6
Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)	6
Reprint: Is China fudging its GDP figures? Evidence from trading partner data	6
Uncovered return parity: Equity returns and currency returns	6
Dynamic interactions between trade globalization and financial globalization: A heterogeneous panel VAR approach	6
Eurozone government bond spreads: A tale of different ECB policy regimes	6
Mortgage-related bank penalties and systemic risk among U.S. banks	6
Unconventional monetary policy and the portfolio choice of international mutual funds	6
The time-varying risk price of currency portfolios	6
Not all government budget deficits are created equal: Evidence from advanced economies' sovereign bond markets	6
Firm dynamics and SOE transformation during China’s Economic Reform	6
Familiarity and Surprises in International Financial Markets: Bad news travels like wildfire; good news travels slow	5
Trade liberalization and regional labor market dynamics: Evidence from China’s WTO accession	5
Interest rate risk and monetary policy normalisation in the euro area	5
Household debt, consumption and inequality	5
Home bias and expected returns: A structural approach	5
Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets	5
Is capital flow management effective? Evidence based on U.S. monetary policy shocks	5
Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU	5
Sovereign risk and asset market dynamics in the euro area	5
Three sisters: The interlinkage between sovereign debt, currency, and banking crises	5
Prospect theory preferences and global mutual fund flows	5
Financial effects of QE and conventional monetary policy compared	5
Banks, deposit rigidity and negative rates	5
External financing risks: How important is the composition of the international investment position?	5
The role of stock-flow adjustment during the global financial crisis	5
Life after default. Private and official deals	5
Global financial cycles since 1880	5
Insider ownership, governance mechanisms, and corporate bond pricing around the world	5
Fiscal policy and fiscal fragility: Empirical evidence from the OECD	5
Bond flows and liquidity: Do foreigners matter?	5
Out-of-sample forecasting of foreign exchange rates: The band spectral regression and LASSO	5
Speculative bubbles in segmented markets: Evidence from Chinese cross-listed stocks	5
The effects of Trump’s trade war on U.S. financial markets	5
Bank risks and lending outcomes: Evidence from QE	5
Sudden stops in the Euro Area: Does monetary union matter?	5
Monetary theory reversed: Virtual currency issuance and the inflation tax	5
The portfolio balance channel of capital flows and foreign exchange intervention in a small open economy	5
Stock return comovement when investors are distracted: More, and more homogeneous	5
Pension systems and the current account: An empirical exploration	5
Attractive and non-attractive currencies	5
Fiscal multipliers, monetary efficacy, and hand-to-mouth households	5
Rebalancing the euro area: Is wage adjustment in Germany the answer?	5
Financial contagion and networks among the oil and BRICS stock markets during seven episodes of crisis events	5
Regional fiscal spillovers: The role of trade linkages	5
How similar are country- and sector-responses to common shocks within the euro area?	5
Cross-country variation in patience, persistent current account imbalances and the external wealth of nations	4
The effects of uncertainty on the dynamics of stock market interdependence: Evidence from the time-varying cointegration of the G7 stock markets	4
Maximally predictable currency portfolios	4
Investigating the dynamics of crisis transmission channels: A comparative analysis	4
Current account drivers and exchange rate regimes in Central and Eastern Europe	4
UK monetary policy in an estimated DSGE model with financial frictions	4
Prudential policies and systemic risk: The role of interconnections	4
Cross-country uncertainty spillovers: Evidence from international survey data	4
Foreign residency rights and corporate supplier concentration: Evidence from China	4