OOIR: Observatory of International Research

Papers

(The TQCC of Review of Financial Studies is 20. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-08-01 to 2026-08-01.)

Article	Citations
Payment for Order Flow and Option Internalization	631
Bail-Ins, Optimal Regulation, and Crisis Resolution	434
Macroprudential Regulation, Quantitative Easing, and Bank Lending	308
Collective Moral Hazard, Risk Sharing, and Banking Unions	280
Bank Debt, Mutual Fund Equity, and Swing Pricing in Liquidity Provision	195
How ETFs Amplify the Global Financial Cycle in Emerging Markets	188
Valuing Financial Data	176
Credit Building or Credit Crumbling? A Credit Builder Loan’s Effects on Consumer Behavior and Market Efficiency in the United States	173
Duration-Based Valuation of Corporate Bonds	152
Missing Data in Asset Pricing Panels	145
Investor Memory	144
Collateral Effects: The Role of FinTech in Small Business Lending	144
Private Renegotiations and Government Interventions in Credit Chains	117
Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices	113
Thematic Concentration and Mutual Fund Performance	109
The Broader Role of Venture Capital Due Diligence	108
The Pace of Change: Socially Responsible Investing in Private Markets	107
Voting Choice	105
Tuition, Debt, and Human Capital	102
Bond Price Fragility and the Structure of the Mutual Fund Industry	101
The Coholding Puzzle: New Evidence from Transaction-Level Data	92
Human Capital Portability and Careers in Finance	89
Tax Policy and Abnormal Investment Behavior	81
Digital Payments and Consumption: Evidence from the 2016 Demonetization in India	69
Factor Momentum	68

Banking on Carbon: Corporate Lending and Cap-and-Trade Policy	68
The Rise of Star Firms: Intangible Capital and Competition	66
Should the Government Be Paying Investment Fees on $3 Trillion of Tax-Deferred Retirement Assets?	63
The Gender Gap in Household Bargaining Power: A Revealed-Preference Approach	62
Who Mismanages Student Loans, and Why?	61
Estimating Discount Functions with Consumption Choices over the Lifecycle	58
Insurers as Asset Managers and Systemic Risk	58
Price and Volume Divergence in China’s Real Estate Markets: The Role of Local Governments	58
In Safe Hands: The Financial and Real Impact of Investor Composition over the Credit Cycle	54
Nonbank Lending and Credit Cyclicality	51
The Response of Mortgage Supply to Expected Flood Insurance Lapses	51
Institutional Synergies and the Fragility of Loan Funds	50
The Present Value of Future Market Power	46
Firm Networks and Asset Returns	46
Can Human Capital Explain Income-Based Disparities in Financial Services?	46
Are Bankruptcy Professional Fees Excessively High?	45
Conflicts of Interest in Municipal Bond Advising and Underwriting	44
Deconstructing the Yield Curve	44
Voting on Public Goods: Citizens vs Shareholders	43
Holding Period Effects in Dividend Strip Returns	42
Size Discount and Size Penalty: Trading Costs in Bond Markets	42
Pension Liquidity Risk	41
Monetary Policy through Production Networks: Evidence from the Stock Market	41
Failure to Share Natural Disaster Risk	39
Learning by Investing: Entrepreneurial Spillovers from Venture Capital	38
Fast and Slow Arbitrage: The Predictive Power of (Persistent) Capital Flows for Factor Returns	37
Smokestacks and the Swamp	37
Owner Incentives and Performance in Healthcare: Private Equity Investment in Nursing Homes	37
Is Capital Structure Irrelevant with ESG Investors?	35
Financial Disruptions and the Organization of Innovation: Evidence from the Great Depression	35
SPACs	35
The Cost of Bank Regulatory Capital	34
Beliefs and Portfolios: Causal Evidence	34
Cross-Subsidization of Bad Credit in a Lending Crisis	34
Equity Return Expectations and Portfolios: Evidence from Large Asset Managers	34
Dynamics of Asset Demands with Confidence Heterogeneity	33
An Intermediation-Based Model of Exchange Rates	33
Continuous-Time Fama-MacBeth Regressions	33
The Financial Channel of the Exchange Rate and Global Trade	33
Regulatory Intensity and Firm-Specific Exposure	32
Institutional Brokerage Networks: Facilitating Liquidity Provision	32
What Drives Firms’ Hiring Decisions? An Asset Pricing Perspective	32
Technological Progress and Rent Seeking	30
The Fed and the Secular Decline in Interest Rates	30
Machine Learning and the Implementable Efficient Frontier	30
Investor Sentiment and the Pricing of Characteristics-Based Factors	30
Health Care Costs and Corporate Investment	29
Identifying Price Informativeness	29
Competition for Attention in the ETF Space	28
Price Discovery on Decentralized Exchanges	28

Institutional Corporate Bond Pricing	28
Too Good to Be True: Look-Ahead Bias in Empirical Options Research	28
Credit Cycles, Expectations, and Corporate Investment	28
Political Sentiment and Innovation: Evidence from Patenters	27
Deposit Insurance and Depositor Behavior: Evidence from Colombia	27
Bond Market Resiliency: The Role of Insurers	27
A Comprehensive 2022 Look at the Empirical Performance of Equity Premium Prediction	26
Are Analyst “Top Picks” Informative?	26
Hedging, Contract Enforceability, and Competition	26
Dynamic Coordination and Bankruptcy Regulations	26
International Portfolio Choice with Frictions: Evidence from Mutual Funds	26
Financial Crises and the Transmission of Monetary Policy to Consumer Credit Markets	26
Unmasking Mutual Fund Derivative Use	26
Do Corporate Disclosures Constrain Strategic Analyst Behavior?	25
Connected Funds	24
Investor-Driven Corporate Finance: Evidence from Insurance Markets	23
Syndicated Lending, Competition, and Relative Performance Evaluation	23
Proud to Not Own Stocks: How Identity Shapes Financial Decisions	23
The Psychological Externalities of Investing: Evidence from Stock Returns and Crime	22
Heterogeneous Real Estate Agents and the Housing Cycle	22
Income Shifting out of the United States by Foreign Multinational Firms	22
Π-CAPM: The Classical CAPM with Probability Weighting and Skewed Assets	22
Adverse Selection and Climate Risk: A Response to	21
Neglected Peers in Merger Valuations	21
Are All ESG Funds Created Equal? Only Some Funds Are Committed	21
Mandatory Financial Disclosure and M&A Activity	21
Mutual Fund Flows at Long Horizons	21
Earnings Extrapolation and Predictable Stock Market Returns	20
The Effects of Going Public on Firm Profitability and Strategy	20
How Does Removing the Tax Benefits of Debt Affect Firms? Evidence from the 2017 U.S. Tax Reform	20
Product Innovation and Credit Market Disruptions	20
The Effect of Principal Reduction on Household Distress: Evidence from Mortgage Cramdown	20