Journal of Financial Economics

Article	Citations
Editorial Board	2418
Arbitrage-based recovery	880
Editorial Board	858
Editorial Board	779
Bank heterogeneity and financial stability	544
Set it and forget it? Financing retirement in an age of defaults	473
What matters in a characteristic?	433
Momentum turning points	340
Expected return, volume, and mispricing	319
Equity duration and predictability	311
Monetary policy expectation errors	216
Financial factors and the propagation of the Great Depression	183
Risk-free interest rates	178
CEO compensation: Evidence from the field	176
Stakes and investor behaviors	174
Racial disparities in the Paycheck Protection Program	173
Bitcoin’s limited adoption problem	169
The invention of corporate governance	167
Betting against betting against beta	155
Voting and trading: The shareholder’s dilemma	153
Loan spreads and credit cycles: The role of lenders’ personal economic experiences	150
Machine-learning the skill of mutual fund managers	150
Direct lenders in the U.S. middle market	148
Conditional risk	137
Institutional investors, heterogeneous benchmarks and the comovement of asset prices	137

Sovereign risk premia and global macroeconomic conditions	132
Why are corporate payouts so high in the 2000s?	129
News as sources of jumps in stock returns: Evidence from 21 million news articles for 9000 companies	122
Price regulation in two-sided markets: Empirical evidence from debit cards	120
Editorial Board	119
Finance without exotic risk	116
The return of return dominance: Decomposing the cross-section of prices	108
Insurance and portfolio decisions: Two sides of the same coin?	106
Asset life, leverage, and debt maturity matching	105
Gig labor: Trading safety nets for steering wheels	104
Aspirational utility and investment behavior	104
Defunding controversial industries: Can targeted credit rationing choke firms?	103
The risk and return of impact investing funds	102
Market efficiency in the age of big data	102
Equity tail risk and currency risk premiums	98
Global factor premiums	96
Democracy and the pricing of initial public offerings around the world	96
Financing breakthroughs under failure risk	95
M&A rumors about unlisted firms	94
Have risk premia vanished?	94
Corporate culture: Evidence from the field	93
Bank liquidity provision across the firm size distribution	93
Independent regulators and financial stability evidence from gubernatorial election campaigns in the Progressive Era	93
Micro uncertainty and asset prices	91
Pricing and constructing international government bond portfolios	88
Self-Declared benchmarks and fund manager intent: “Cheating” or competing?	87
Informed trading in government bond markets	87
Core earnings: New data and evidence	86
The value of intermediation in the stock market	86
Price transparency in OTC equity lending markets: Evidence from a loan fee benchmark	86
Is there a home field advantage in global markets?	84
Employee output response to stock market wealth shocks	84
Priced risk in corporate bonds	83
Shale shocked: Cash windfalls and household debt repayment	83
Is there a risk-return tradeoff in the corporate bond market? Time-series and cross-sectional evidence	81
Does customer-base structure influence managerial risk-taking incentives?	81
Heterogeneous liquidity providers and night-minus-day return predictability	81
Evergreening	81
Peer selection and valuation in mergers and acquisitions	79
High policy uncertainty and low implied market volatility: An academic puzzle?	79
Discrimination in the payments chain	78
Financial education affects financial knowledge and downstream behaviors	77
Gravity, counterparties, and foreign investment	76
Skill versus reliability in venture capital	76
Intermediary financing without commitment	75
Macroeconomic drivers and the pricing of uncertainty, inflation, and bonds	74
Reaching for yield: Evidence from households	74
Editorial Board	73
Editorial Board	73
Editorial Board	72

Editorial Board	72
Regulatory leakage among financial advisors: Evidence from FINRA regulation of “bad” brokers	71
Intermediary balance sheets and the treasury yield curve	71
Financing the litigation arms race	71
The death of a regulator: Strict supervision, bank lending, and business activity	70
Asymmetric information, disagreement, and the valuation of debt and equity	70
Who creates new firms when local opportunities arise?	70
Machine learning and fund characteristics help to select mutual funds with positive alpha	70
Liquidity, pledgeability, and the nature of lending	64
The short- and long-run effects of remote work on U.S. housing markets	63
Count (and count-like) data in finance	63
What are the events that shake our world? Measuring and hedging global COVOL	62
Flattening the curve: Pandemic-Induced revaluation of urban real estate	62
Peak-Bust rental spreads	61
Editorial Board	61
Understanding the strength of the dollar	60
Dynamic asset (mis)pricing: Build-up versus resolution anomalies	60
Endogenous inattention and risk-specific price underreaction in corporate bonds	59
Editorial Board	59
ESG lending	58
Refinancing cross-subsidies in the mortgage market	57
The fundamental-to-market ratio and the value premium decline	57
The negativity bias and perceived return distributions: Evidence from a pandemic	57
Patent quality, firm value, and investor underreaction: Evidence from patent examiner busyness	57
Sustainable investing with ESG rating uncertainty	56
Keeping options open: What motivates entrepreneurs?	56
Warp speed price moves: Jumps after earnings announcements	56
Fintech entry, lending market competition, and welfare	56
Borrow now, pay even later: A quantitative analysis of student debt payment plans	55
Honoring Michael C. Jensen	55
Editorial Board	55
Asset holders’ consumption risk and tests of conditional CCAPM	54
Fire-sale risk in the leveraged loan market	52
Signals and stigmas from banking interventions: Lessons from the Bank Holiday of 1933	52
In-sample and out-of-sample Sharpe ratios of multi-factor asset pricing models	51
Inflation and Trading	51
The cost of steering in financial markets: Evidence from the mortgage market	50
Rules versus discretion in capital regulation	50
Market power in wholesale funding: A structural perspective from the triparty repo market	50
Expected idiosyncratic volatility	49
Let the rich be flooded: The distribution of financial aid and distress after hurricane harvey	49
Venture capital contracts	47
Validity, tightness, and forecasting power of risk premium bounds	47
International trade and the risk in bilateral exchange rates	47
Expansionary yet different: Credit supply and real effects of negative interest rate policy	47
Competition, Product differentiation and Crises: Evidence from 18 million securitized loans	46
Consumer-lending discrimination in the FinTech Era	46
Revealing corruption: Firm and worker level evidence from Brazil	46
Dissecting green returns	45
Strategic arbitrage in segmented markets	45
Salience theory and the cross-section of stock returns: International and further evidence	45
Editorial Board	44
Closing auctions: Nasdaq versus NYSE	44
Taking sides on return predictability	43
Editorial Board	43
A quantitative analysis of bank lending relationships	43
Treasury option returns and models with unspanned risks	42
The cross-section of investment and profitability: Implications for asset pricing	42
Financial constraints and the racial housing gap	42
What do outside CEOs really do? Evidence from plant-level data	41
Value creation in shareholder activism	41
Efficient estimation of bid–ask spreads from open, high, low, and close prices	41
The consequences of student loan credit expansions: Evidence from three decades of default cycles	41
Empirical evaluation of overspecified asset pricing models	41
How valuable is corporate adaptation to crisis? Estimates from Covid-19 work-from-home announcements	41
Lifting the veil: The price formation of corporate bond offerings	41
Causal effects of closing businesses in a pandemic	40
Impact of marketplace lending on consumers’ future borrowing capacities and borrowing outcomes	40
Missing values handling for machine learning portfolios	40
Persistent and transitory components of firm characteristics: Implications for asset pricing	40
Realized semibetas: Disentangling “good” and “bad” downside risks	40
Too Levered for Pigou: Carbon pricing, financial constraints, and leverage regulation	39
LTCM Redux? Hedge fund Treasury trading, funding fragility, and risk constraints	39
Overvaluing simple bets: Evidence from the options market	39
Can the changes in fundamentals explain the attenuation of anomalies?	39
Editorial Board	38
What moves treasury yields?	38
Editorial Board	38
Strategic digitization in currency and payment competition	38
Do the right firms survive bankruptcy?	37

Global Business Networks	37
Social interactions and households’ flood insurance decisions	37
Fed information effects: Evidence from the equity term structure	37
The economics of “Buy Now, Pay Later”: A merchant’s perspective	37
How monetary policy shaped the housing boom	37