Journal of Financial Economics

Article	Citations
Quantifying the impact of red tape on investment: A survey data approach	1493
Validity, tightness, and forecasting power of risk premium bounds	1323
Unlocking clients: The importance of relationships in the financial advisory industry	1037
The colour of finance words	952
The cost of steering in financial markets: Evidence from the mortgage market	918
Disclosing and cooling-off: An analysis of insider trading rules	774
Editorial Board	492
Delayed crises and slow recoveries	464
Motivating collusion	416
The governance of director compensation	330
Editorial Board	330
Volatility and the cross-section of returns on FX options	299
Failing to forecast rare events	280
Editorial Board	245
Editorial Board	242
The hidden costs of being public: Evidence from multinational firms operating in an emerging market	234
Brexit and the contraction of syndicated lending	219
Editorial Board	215
Editorial Board	212
The diversification and welfare effects of robo-advising	194
Intermediary-based equity term structure	188
Crowdsourcing peer information to change spending behavior	181
Modeling volatility in dynamic term structure models	152
The short-termism trap: Catering to informed investors with limited horizons	145
Funding liquidity shocks in a quasi-experiment: Evidence from the CDS Big Bang	127

Contracting without contracting institutions: The trusted assistant loan in 19th century China	125
Editorial Board	123
Editorial Board	122
Capital forbearance in the bank recovery and resolution game	117
A dynamic theory of multiple borrowing	114
Shattered housing	112
Momentum turning points	111
Do low search costs facilitate like-buys-like mergers? Evidence from common bank networks	110
Dominant currency debt	110
Leverage	108
Index option returns and generalized entropy bounds	107
Editorial	106
Set it and forget it? Financing retirement in an age of defaults	102
Paying for beta: Leverage demand and asset management fees	101
Fire-sale risk in the leveraged loan market	100
Self-imposed liquidity constraints via voluntary debt repayment	96
Market power in wholesale funding: A structural perspective from the triparty repo market	96
The Wall Street stampede: Exit as governance with interacting blockholders	92
Dynamic resource allocation with hidden volatility	91
Borrow now, pay even later: A quantitative analysis of student debt payment plans	89
Fire sale risk and expected stock returns	87
Signals and stigmas from banking interventions: Lessons from the Bank Holiday of 1933	85
What do you think about climate finance?	85
From employee to entrepreneur: The role of unemployment risk	84
Arbitrage-based recovery	84
Real effects of climate policy: Financial constraints and spillovers	80
Risk management, firm reputation, and the impact of successful cyberattacks on target firms	79
Central bank communication and the yield curve	79
What matters in a characteristic?	77
The global factor structure of exchange rates	75
Time-varying state variable risk premia in the ICAPM	75
In-sample and out-of-sample Sharpe ratios of multi-factor asset pricing models	74
Monetary policy expectation errors	74
The “7% solution” and IPO (under)pricing	73
CEO compensation: Evidence from the field	73
Angel investment and first impressions	72
The effect of female leadership on contracting from Capitol Hill to Main Street	71
Finance and the supply of housing quality	69
What is CEO overconfidence? Evidence from executive assessments	68
Bank heterogeneity and financial stability	67
Competition, Product differentiation and Crises: Evidence from 18 million securitized loans	67
Monetary tightening and U.S. bank fragility in 2023: Mark-to-market losses and uninsured depositor runs?	66
The use of asset growth in empirical asset pricing models	66
Broken promises, competition, and capital allocation in the mutual fund industry	66
Does regulatory cooperation help integrate equity markets?	65
The jump leverage risk premium	65
From patriarchy to partnership: Gender equality and household finance	64
Uncertainty, access to debt, and firm precautionary behavior	63
Do activist hedge funds target female CEOs? The role of CEO gender in hedge fund activism	63
The SOFR discount	63

The impact of impact investing	61
Four facts about ESG beliefs and investor portfolios	61
Asset holders’ consumption risk and tests of conditional CCAPM	60
The impact of arbitrage on market liquidity	60
Editorial Board	60
Negative peer disclosure	59
Financial constraints, cash flow timing patterns, and asset prices	59
Banks as patient lenders: Evidence from a tax reform	59
More informative disclosures, less informative prices? Portfolio and price formation around quarter-ends	58
Financial transaction taxes and the informational efficiency of financial markets: A structural estimation	58
Risk-free interest rates	57
The social signal	57
Optimal financing with tokens	56
The cross-section of intraday and overnight returns	56
Venture capital contracts	55
The rate of communication	55
Understanding momentum and reversal	55
Long-term reversals in the corporate bond market	54
Revealing corruption: Firm and worker level evidence from Brazil	54
Corporate flexibility in a time of crisis	53
A frog in every pan: Information discreteness and the lead-lag returns puzzle	53
Financing constraints, home equity and selection into entrepreneurship	53
Financial factors and the propagation of the Great Depression	53
Measuring the welfare cost of asymmetric information in consumer credit markets	53
Expansionary yet different: Credit supply and real effects of negative interest rate policy	53
The democratization of investment research and the informativeness of retail investor trading	52
A theory of financial media	52
Young firms, old capital	52
Corporate actions and the manipulation of retail investors in China: An analysis of stock splits	52
Political ideology and international capital allocation	52
Ambiguity about volatility and investor behavior	52
The role of financial conditions in portfolio choices: The case of insurers	50
Sitting bucks: Stale pricing in fixed income funds	50
The effect of media-linked directors on financing and external governance	50
Expected return, volume, and mispricing	50
Consumer-lending discrimination in the FinTech Era	49
Creditor rights, collateral reuse, and credit supply	49
Common ownership and innovation efficiency	49
Salience theory and the cross-section of stock returns: International and further evidence	49
Flexibility costs of debt: Danish exporters during the cartoon crisis	49
Dissecting green returns	49
Persistent government debt and aggregate risk distribution	48
Do limits to arbitrage explain the benefits of volatility-managed portfolios?	48
Reciprocal lending relationships in shadow banking	47
Air pollution, behavioral bias, and the disposition effect in China	47
Can investors time their exposure to private equity?	47
What’s wrong with Pittsburgh? Delegated investors and liquidity concentration	47
International trade and the risk in bilateral exchange rates	46
Intermediation frictions in debt relief: Evidence from CARES Act forbearance	46
Pervasive underreaction: Evidence from high-frequency data	46
The high volume return premium and economic fundamentals	46
Financial inclusion, economic development, and inequality: Evidence from Brazil	46
Extrapolative beliefs in the cross-section: What can we learn from the crowds?	46
Benchmark interest rates when the government is risky	45
Voluntary disclosure with evolving news	45
The effects of disclosure and enforcement on payday lending in Texas	44
Financial development and labor market outcomes: Evidence from Brazil	44
Intraday arbitrage between ETFs and their underlying portfolios	43
Editorial Board	43
Stock return ignorance	43
Partisan residential sorting on climate change risk	43
The international propagation of economic downturns through multinational companies: The real economy channel	43
Closing auctions: Nasdaq versus NYSE	43
Limited attention to detail in financial markets: Evidence from reduced-form and structural estimation	43
Institutional investors, heterogeneous benchmarks and the comovement of asset prices	43
Let the rich be flooded: The distribution of financial aid and distress after hurricane harvey	43
What do outside CEOs really do? Evidence from plant-level data	42
Editorial Board	42
Small and vulnerable: SME productivity in the great productivity slowdown	42
Cleansing by tight credit: Rational cycles and endogenous lending standards	42
Editorial Board	41
Editorial Board	41
Banks funding, leverage, and investment	40
Inflation and Disintermediation	40
Why are commercial loan rates so sticky? The effect of private information on loan spreads	40
Does paycheck frequency matter? Evidence from micro data	40
Aggregate lapsation risk	40
Why does the Fed move markets so much? A model of monetary policy and time-varying risk aversion	39
Editorial Board	39
Missing values handling for machine learning portfolios	39

Why are corporate payouts so high in the 2000s?	39
Editorial Board	38
Product market strategy and corporate policies	38
Editorial Board	38
Asset pricing with heterogeneous agents and long-run risk	37
Labor leverage, coordination failures, and aggregate risk	37
Editorial Board	37
Corporate responses to stock price fragility	37
Active trading and (poor) performance: The social transmission channel	37
Editorial Board	37
Efficient estimation of bid–ask spreads from open, high, low, and close prices	37
Feedback loops in industry trade networks and the term structure of momentum profits	36
Asset pricing with index investing	36
Entrepreneurship and information on past failures: A natural experiment	36