OOIR: Observatory of International Research

Papers

(The TQCC of Review of Financial Studies is 23. 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 2020-11-01 to 2024-11-01.)

Article	Citations
How Valuable Is Financial Flexibility when Revenue Stops? Evidence from the COVID-19 Crisis	294
The Macroeconomics of Epidemics	278
Get Real! Individuals Prefer More Sustainable Investments	227
Climate Change and Long-Run Discount Rates: Evidence from Real Estate	197
Financial Constraints and Corporate Environmental Policies	196
Corporate ESG Profiles and Banking Relationships	191
When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response	184
What Do Mutual Fund Investors Really Care About?	159
Climate Risk Disclosure and Institutional Investors	153
Corporate Bond Liquidity during the COVID-19 Crisis	142
The Rise of Finance Companies and FinTech Lenders in Small Business Lending	121
Fintech Borrowers: Lax Screening or Cream-Skimming?	119
Asset Pricing with Fading Memory	103
COVID-19 and Its Impact on Financial Markets and the Real Economy	102
Decentralizing Money: Bitcoin Prices and Blockchain Security	101
The Use and Misuse of Patent Data: Issues for Finance and Beyond	100
Do Index Funds Monitor?	97
Selecting Directors Using Machine Learning	96
Do Investors Care about Impact?	94
Optimal Mitigation Policies in a Pandemic: Social Distancing and Working from Home	90
Mutual Fund Liquidity Transformation and Reverse Flight to Liquidity	89
Investors’ Attention to Corporate Governance	89
Going Underwater? Flood Risk Belief Heterogeneity and Coastal Home Price Dynamics	79
Echo Chambers	78
Big Data in Finance	78

Private Equity Buyouts and Workplace Safety	78
Mortgage Finance and Climate Change: Securitization Dynamics in the Aftermath of Natural Disasters	76
How Did Depositors Respond to COVID-19?	76
Cybersecurity Risk	76
Managing Households’ Expectations with Unconventional Policies	71
Option Return Predictability with Machine Learning and Big Data	66
Socially Responsible Investing in Good and Bad Times	64
Global Portfolio Rebalancing and Exchange Rates	62
Option Return Predictability	62
Macroeconomic Attention and Announcement Risk Premia	61
The Cross-Section of Bank Value	60
Review Article: Perspectives on the Future of Asset Pricing	59
Benchmarking Intensity	57
Social Proximity to Capital: Implications for Investors and Firms	54
Why Do Firms Borrow Directly from Nonbanks?	54
The Costs and Benefits of Shareholder Democracy: Gadflies and Low-Cost Activism	53
Can Environmental Policy Encourage Technical Change? Emissions Taxes and R&D Investment in Polluting Firms	52
Liquidity Restrictions, Runs, and Central Bank Interventions: Evidence from Money Market Funds	52
Credit Supply and Housing Speculation	51
When FinTech Competes for Payment Flows	51
Where Has All the Data Gone?	50
Missing Novelty in Drug Development	49
Kicking the Can Down the Road: Government Interventions in the European Banking Sector	49
Sea-Level Rise Exposure and Municipal Bond Yields	48
Extrapolative Bubbles and Trading Volume	48
Swing Pricing and Fragility in Open-End Mutual Funds	48
Business Restrictions and COVID-19 Fatalities	47
Opioid Crisis Effects on Municipal Finance	45
Competition for Attention in the ETF Space	44
Debt Maturity and the Dynamics of Leverage	44
SPACs	42
Consumers as Financiers: Consumer Surplus, Crowdfunding, and Initial Coin Offerings	42
Ratings-Driven Demand and Systematic Price Fluctuations	42
Peer Effects in Corporate Governance Practices: Evidence from Universal Demand Laws	42
The Total Return and Risk to Residential Real Estate	41
Methodological Variation in Empirical Corporate Finance	40
How to Talk When a Machine Is Listening: Corporate Disclosure in the Age of AI	39
The Rate of Return on Real Estate: Long-Run Micro-Level Evidence	38
The Equilibrium Consequences of Indexing	38
Dark Pool Trading and Information Acquisition	38
Can Shorts Predict Returns? A Global Perspective	37
Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field	37
Man versus Machine Learning: The Term Structure of Earnings Expectations and Conditional Biases	36
Short-term Momentum	36
The Party Structure of Mutual Funds	36
Institutional Order Handling and Broker-Affiliated Trading Venues	36
Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1	35
Idiosyncratic Risk in Housing Markets	35
Regulatory Forbearance in the U.S. Insurance Industry: The Effects of Removing Capital Requirements for an Asset Class	34
Personal Wealth, Self-Employment, and Business Ownership	33

A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “COVID-19” Shock	33
Racial Disparities in the Auto Loan Market	33
Bank Concentration and Product Market Competition	33
Exchange-Traded Funds and Real Investment	31
Director Appointments: It Is Who You Know	31
When Shareholders Disagree: Trading after Shareholder Meetings	31
Countercyclical Labor Income Risk and Portfolio Choices over the Life Cycle	30
Factor Momentum	30
ES Risks and Shareholder Voice	30
The Impact of Restricting Labor Mobility on Corporate Investment and Entrepreneurship	30
Biased by Choice: How Financial Constraints Can Reduce Financial Mistakes	30
The Return Expectations of Public Pension Funds	29
What Moves Stock Prices? The Roles of News, Noise, and Information	28
Institutional Investors and Infrastructure Investing	28
Implications of Stochastic Transmission Rates for Managing Pandemic Risks	27
Insurers as Asset Managers and Systemic Risk	27
Regulatory Intensity and Firm-Specific Exposure	27
Bank Lending in the Knowledge Economy	27
Sovereign Risk, Currency Risk, and Corporate Balance Sheets	26
Foreign Exchange Volume	26
Gendered Prices	26
Regressive Mortgage Credit Redistribution in the Post-Crisis Era	26
Comomentum: Inferring Arbitrage Activity from Return Correlations	25
Covered Interest Parity Arbitrage	25
The Effect of Stock Liquidity on the Firm’s Investment and Production	25
High Inflation: Low Default Risk and Low Equity Valuations	24
Asset Price Dynamics with Limited Attention	24
Conditional Dynamics and the Multihorizon Risk-Return Trade-Off	24
Trade Credit and the Transmission of Unconventional Monetary Policy	24
The Unintended Consequences of Corporate Bond ETFs: Evidence from the Taper Tantrum	24
Zombies at Large? Corporate Debt Overhang and the Macroeconomy	23
Skilled Labor Mobility and Firm Value: Evidence from Green Card Allocations	23
The Value of Differing Points of View: Evidence from Financial Analysts’ Geographic Diversity	23