OOIR: Observatory of International Research

Papers

(The TQCC of Review of Financial Studies is 22. 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 2021-02-01 to 2025-02-01.)

Article	Citations
The Real Effects of Secondary Market Trading Structure: Evidence from the Mortgage Market	278
Disloyal Managers and Shareholders’ Wealth	240
Trade Credit and the Transmission of Unconventional Monetary Policy	235
Monetary Policy, Business Liquidity and Survival: Evidence from the Refinancing Channel	229
Publisher's Note	219
New Perspectives on Insurance	194
Do Corporations Retain Too Much Cash? Evidence from a Natural Experiment	168
Corporate Capture of Blockchain Governance	152
Do Temporary Demand Shocks Have Long-Term Effects for Startups?	132
Volatility Risk Pass-Through	117
Monetary Policy Risk: Rules versus Discretion	115
The Leading Premium	108
Erratum to: Investors’ Attention to Corporate Governance	106
Credit Building or Credit Crumbling? A Credit Builder Loan’s Effects on Consumer Behavior and Market Efficiency in the United States	101
Competing for Talent: Firms, Managers, and Social Networks	98
The Dynamics of Loan Sales and Lender Incentives	97
Can Risk Be Shared across Investor Cohorts? Evidence from a Popular Savings Product	93
Import Penetration and Executive Compensation	90
Designing Securities for Scrutiny	90
What Moves Stock Prices? The Roles of News, Noise, and Information	88
Field of Study and Financial Problems: How Economics Reduces the Risk of Default	86
OTC Intermediaries	83
Fractional Trading	78
Housing Consumption and Investment: Evidence from Shared Equity Mortgages	76
Stock Market Stimulus	76

Health Care Costs and Corporate Investment	74
The Incidence of Student Loan Subsidies: Evidence from the PLUS Program	66
Long-Term Investors, Demand Shifts, and Yields	64
Duration-Based Valuation of Corporate Bonds	64
Real Consequences of Shocks to Intermediaries Supplying Corporate Hedging Instruments	63
Competition and Innovation Revisited: A Project-Level View	61
Macroprudential Regulation, Quantitative Easing, and Bank Lending	60
Institutional Investors and Infrastructure Investing	59
A Fistful of Dollars: Financial Incentives, Peer Information, and Retirement Savings	58
A Theory of the Term Structure of Interest Rates under Limited Household Risk Sharing	57
Digitalization and Retirement Contribution Behavior: Evidence from Administrative Data	56
The Total Return and Risk to Residential Real Estate	54
Labor Force Demographics and Corporate Innovation	54
Valuing Financial Data	54
Missing Data in Asset Pricing Panels	53
Student Loans, Access to Credit, and Consumer Credit Demand	52
Pay, Stay, or Delay? How to Settle a Run	52
Credit Cycles, Expectations, and Corporate Investment	51
High Inflation: Low Default Risk and Low Equity Valuations	51
How ETFs Amplify the Global Financial Cycle in Emerging Markets	50
Methodological Variation in Empirical Corporate Finance	49
Narrative Asset Pricing: Interpretable Systematic Risk Factors from News Text	48
Mutual Fund Liquidity Transformation and Reverse Flight to Liquidity	48
Teams and Bankruptcy	48
Asset Pricing with Fading Memory	47
What Do Mutual Fund Investors Really Care About?	47
The Human Factor in Acquisitions: Cross-industry Labor Mobility and Corporate Diversification	43
Competition for Attention in the ETF Space	42
Illiquidity and Higher Cumulants	42
Gendered Prices	41
Opioid Crisis Effects on Municipal Finance	41
Machine Learning for Continuous-Time Finance	40
Noise in Expectations: Evidence from Analyst Forecasts	39
The Fed and the Secular Decline in Interest Rates	38
Flight to Safety: How Economic Downturns Affect Talent Flows to Startups	38
The Coholding Puzzle: New Evidence from Transaction-Level Data	36
RETRACTED: Mortgage Finance and Climate Change: Securitization Dynamics in the Aftermath of Natural Disasters	36
How Global Is Your Mutual Fund? International Diversification from Multinationals	36
Real Effects of Search Frictions in Consumer Credit Markets	36
Bond Price Fragility and the Structure of the Mutual Fund Industry	35
Markets versus Mechanisms	35
The Market Inside the Market: Odd-Lot Quotes	35
Banks as Liquidity Multipliers	34
Corporate ESG Profiles and Banking Relationships	33
Financial Market Ethics	33
Climate Change and Long-Run Discount Rates: Evidence from Real Estate	33
The Effect of Carbon Pricing on Firm Emissions: Evidence from the Swedish CO2 Tax	32
Digital Payments and Consumption: Evidence from the 2016 Demonetization in India	31
Capital Flows, Real Estate, and Local Cycles: Evidence from German Cities, Banks, and Firms	31
Comomentum: Inferring Arbitrage Activity from Return Correlations	30

Adjusting to Macroprudential Policies: Loan-to-Value Limits and Housing Choice	30
Banking on Carbon: Corporate Lending and Cap-and-Trade Policy	30
Idiosyncratic Risk in Housing Markets	29
News Diffusion in Social Networks and Stock Market Reactions	29
Regulatory Forbearance in the U.S. Insurance Industry: The Effects of Removing Capital Requirements for an Asset Class	28
Private Renegotiations and Government Interventions in Credit Chains	28
Trust and Insurance Contracts	28
Deposit Insurance and Depositor Behavior: Evidence from Colombia	28
Are Analyst “Top Picks” Informative?	27
House Prices and Rents	27
Unmasking Mutual Fund Derivative Use	27
The Impact of Risk Cycles on Business Cycles: A Historical View	27
International Portfolio Choice with Frictions: Evidence from Mutual Funds	26
Intermediaries and Asset Prices: International Evidence since 1870	26
Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting	26
Rating Agency Fees: Pay to Play in Public Finance?	25
Persistent Crises and Levered Asset Prices	25
Fiscal Cyclicality and Currency Risk Premia	25
Tuition, Debt, and Human Capital	25
Estimating General Equilibrium Spillovers of Large-Scale Shocks	24
Human Capital Portability and Careers in Finance	24
Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices	24
When Do Low-Frequency Measures Really Measure Effective Spreads? Evidence from Equity and Foreign Exchange Markets	24
Private Information, Securities Lending, and Asset Prices	24
Financial Crises and the Transmission of Monetary Policy to Consumer Credit Markets	24
The Good, the Bad, and the Missed Boom	24
Moving the Goalposts? Mutual Fund Benchmark Changes and Relative Performance Manipulation	23
Short-Termism Spillovers from the Financial Industry	23
Asset Price Dynamics with Limited Attention	22
Inflating Away the Public Debt? An Empirical Assessment	22
Extrapolative Bubbles and Trading Volume	22
Factor Momentum	22