North American Journal of Economics and Finance

Article	Citations
US structural drivers of international portfolio returns	133
An analytical solution for the robust investment-reinsurance strategy with general utilities	129
Dynamics of market power and stability in GCC banking: econometric analysis and policy implications	103
Credit ratings and top executives’ political ideology	80
Editorial Board	75
Expected versus unexpected Inflation:The role of Trade Policy	60
Clustering effects and evolution of the global major 10-year government bond market structure: A network perspective	60
Modeling the unintended consequences of short selling for innovation investment	58
The impact of Twitter-based sentiment on US sectoral returns	57
Corrigendum to “Regime-Switching volatility and risk quantification in South Asian and developed stock Markets: A Comparative perspective using Markov-Switching GARCH with MLE and MCMC estimations” [N	55
Recent evidence on the short-term and long-term performance persistence of emerging-market mutual fund returns	55
A non-zero-sum investment and reinsurance game between two mean–variance insurers with dynamic CVaR constraints	54
Which uncertainty measure better predicts gold prices? New evidence from a CNN-LSTM approach	54
On the connectedness between the uncertainty of central bank digital currency adoption and stablecoins	54
Hand in hand or left behind: The dual impact of leading firms’ digital technologies on industry digital transformation	52
Asymmetric dynamics between the Baltic Dry Index and financial markets during major global economic events	50
Unveiling the gold-oil whirl amidst market uncertainty shocks in China	47
The impact of audit fees and auditor tenure on company valuation: An analysis of large U.S. audit firms	45
Dissecting returns of non-fungible tokens (NFTs): Evidence from CryptoPunks	44
Geopolitical risk and stock market volatility in emerging markets: A GARCH – MIDAS approach	44
Legal shifts and corporate strategy: The impact of China’s New Securities Law on earnings management	43
The transition of the global financial markets' connectedness during the COVID-19 pandemic	41
The effect of compound heat-drought risk on municipal corporate bonds pricing: Evidence from China	41
Editorial Board	40
Can NFTs hedge the risk of traditional assets after the COVID-19 pandemic?	40

Bank systemic risk prediction based on text mining and explainable machine learning	39
MRN-based connectedness: A nonlinear approach for capturing systemic risk dynamics in financial systems	38
Enhanced index tracking: A relative downside risk approach	38
Deregulation of short selling and corporate cash dividend policy: A quasi-natural experiment from China	37
Can monthly-return rank order reveal a hidden dimension of momentum? The post-cost evidence from the U.S. stock markets	36
Fintech, strategic incentives and investment to human capital, and MSEs innovation	36
International oil shocks and the volatility forecasting of Chinese stock market based on machine learning combination models	36
Impact of Off-Balance-Sheet Activities on the Effectiveness of Monetary Policy	35
Can real-time investor sentiment help predict the high-frequency stock returns? Evidence from a mixed-frequency-rolling decomposition forecasting method	34
Unveiling the bright side of rice-farming culture in shaping innovation: Evidence from Chinese listed firms	34
Hedging oil risk: the role of energy markets in BRICS and G7 economies	34
The influence of geopolitical risk on CBDC adoption and uncertainty: wavelet coherence analysis	34
Green bonds and clean energy stocks: Safe havens against global uncertainties? A wavelet quantile-based examination	33
Determinants of CDS in core and peripheral European countries: A comparative study during crisis and calm periods	33
Does the international oil market interact with China’s financial market? New evidence from time-varying higher moments	31
Strategic cooperation in fintech field and efficiency of commercial banks	31
Static and dynamic return and volatility connectedness between transportation tokens and transportation indices: Evidence from quantile connectedness approach	30
Optimal venture capital entry–exit strategy with jump–diffusion risk	30
Managerial response to institutional investor distraction	29
Regional market uncertainty and corporate investment	29
Investment and asset pricing with relative wealth concerns and multiple risky assets	29
The impact of coordination of monetary policy and macroprudential policy on systemic risks in the real estate market	29
Special issue: Financial technology, innovation, and corporate finance	28
Dynamic volatility spillover and market emergency: Matching and forecasting	28
A crisis like no other? Financial market analogies of the COVID-19-cum-Ukraine war crisis	28
Oil price shocks, economic policy uncertainty and China’s producer price index: Evidence from quantile regression analysis	27
Spillover shifts in the FX market: Implication for the behavior of a safe haven currency	27
Asymmetric impact of global crude oil on Chinese sectors and optimal portfolio strategies: An analysis of the higher-order moment tail risk spillovers	27
Inflation synchronization and shock transmission between the eurozone and the non-euro CEE Economies: A wavelet quantile VAR approach	27
Editorial Board	27
Dynamic interrelations and the potential of global industrial sectors to function as a refuge for the global transition towards a low-carbon economy	26
Foreign ownership and M&A activity: Evidence from China	26
How do the dual effects of financial development change the transmission of monetary policy? – Evidence from China	26
Stock index futures price prediction using feature selection and deep learning	25
Examining the nexus between oil shocks and sovereign credit risk: Multidimensional insights from major oil exporters	25
Cybersecurity risk and firm growth: Empirical evidence based on text analysis	25
Pricing vulnerable spread options with liquidity risk under Lévy processes	25
Asymmetries in the international spillover effects of monetary policy: Based on TGVAR model	25
Spillovers and directional predictability between international energy commodities and their implications for optimal portfolio and hedging	25
Cross-sectional quantile regression for estimating conditional VaR of returns during periods of high volatility	25
Geography of corporate networks and housing price spillovers: evidence from U.S. States	24
Institutional opening of capital market and stock price Bubble: Evidence from China	24
The neo-Fisherian effect in a new Keynesian model with real money balances	23
Measuring liquidity with return volatility: An analytical approach based on heavy-tailed Censored-GARCH model	23
Editorial Board	23
Corrigendum to “Can monthly-return rank order reveal a hidden dimension of momentum? The post-cost evidence from the U.S. stock markets” [North Am. J. Econ. Fin. 65 (2023) 101884]	23
Oil price shocks and stock–bond correlation	23
Examining the transmission of credit and liquidity risks: A network analysis for EMU sovereign debt markets	22
Influence of a wider trading range on stock price efficiency: Evidence from ChiNext stocks in China	22
Decoding the stock market dynamics in the banking sector: Short versus long-term insights	22

Is there a dark side to financial inclusion? Understanding the relationship between financial inclusion and market risk	22
Hedging the extreme risk of cryptocurrency	22
Explosive behavior in historic NASDAQ market prices	22
Stock market forecasting accuracy of asymmetric GARCH models during the COVID-19 pandemic	22
The temporal variability in the returns of socially responsible funds to structural oil shocks	21
Non-executive employee stock ownership plans and corporate innovation efficiency: Evidence from China	21
News and intraday jumps: Evidence from regularization and class imbalance	21
Economic uncertainty, shadow banking, and systemic risk: A perspective of interbank network structure analysis	21
Hedging Bitcoin with commodity futures: An analysis with copper, gas, gold, and crude oil futures	21
Stablecoins as a tool to mitigate the downside risk of cryptocurrency portfolios	20
Outperforming ESG stocks portfolio: A machine learning ranking model with catboots regressor	20
The British Stock Market, currencies, brexit, and media sentiments: A big data analysis	20
Who is smarter? Evidence from extreme financial risk contagion in hedge funds and mutual funds	20
Liquidity spillovers between cryptocurrency and foreign exchange markets	20
The collateral damage in IPO Pricing: Evidence from corporate bond default events of China	19
Stock market extreme risk prediction based on machine learning: Evidence from the American market	19
Good and bad cojump dynamics: A network modeling perspective	19
Quantile connectedness of oil price shocks with socially responsible investments	19
Measuring market volatility connectedness to media sentiment	19
A measure of quantile-on-quantile connectedness for the US treasury yield curve spread, the US Dollar, and gold price	19
Multi-scale systemic risk and spillover networks of commodity markets in the bullish and bearish regimes	18
Organizational capital and stock performance during Crises: Moderating role of generalist CEO	18
Risky finance, riskier climate: when financial instability meets climate risks on the bridge of sustainability uncertainty	18
Interactions between investors’ fear and greed sentiment and Bitcoin prices	18
A comparison of bitcoin futures return and return volatility based on news sentiment contemporaneously or lead-lag	18
Investigating the impact of the Covid-19 pandemic on stock markets volatility in USA and Europe	17
The “effect modifier” of US interest rate in the economic policy uncertainties and economic conditions of fifty (50) US states: A semi-parametric smooth varying-coefficient approach	17
Constrained portfolio optimization via Artificial Gorilla Troops: Benchmarking against swarm-intelligence metaheuristic algorithms	17
Editorial Board	17
The outbreak of COVID-19 and stock market liquidity: Evidence from emerging and developed equity markets	17
Systemic spillovers in high-growth private market sectors: determinants and portfolio implications	17
On the non-neutrality of socially responsible investing in the presence of a greenium	17
Can volatility spread fully capture the put–call parity violation?	17
Individual investment adaptations to COVID-19 lockdowns	17
Dynamic conditional correlations and connectedness in emerging-market exchange rates§	16
Cross-category and cross-country spillovers of economic policy uncertainty: Evidence from the US and China	16
Systemic risk in corporate bond markets: Thematic vs. Exogenous recessions	16
Systemic risk monitoring model from the perspective of public information arrival	16
The impact of VIX on China’s financial market: A new perspective based on high-dimensional and time-varying methods	15
Do cryptocurrencies provide better hedging? Evidence from major equity markets during COVID-19 pandemic	15
Systemic risk among Chinese oil and petrochemical firms based on dynamic tail risk spillover networks	15
Can U.S. macroeconomic indicators forecast cryptocurrency volatility?	15
CEO succession and corporate innovation: A managerial myopic perspective	15
Pricing VIX options based on mean-reverting models driven by information	15
Geopolitical risk and firm value: Evidence from emerging markets	15
The risk spillover between China’s economic policy uncertainty and commodity markets: Evidence from frequency spillover and quantile connectedness approaches	15
Editorial Board	14
Judicial uncertainty and the cost of debt: evidence from Italian SMEs	14
Text Spillover: Measuring connectedness of financial institutions based on news text data	14
Forecasting volatility of China’s crude oil futures based on hybrid ML-HAR-RV models	14
Inflation risk and stock returns: Evidence from US aggregate and sectoral markets	14
Money, payments systems, limited participation, and central banking	14
SMEs’ behavior under financial constraints: An empirical investigation on the legal environment and the substitution effect with tax arrears	14
Hard to arbitrage, hard for analysts to forecast	14
Editorial Board	14
Carbon emission control, tariff-carbon tax reform and intersectoral migration in the presence of international capital inflows	13
Early warning systems for cryptocurrency markets: Predicting ‘zombie’ assets using machine learning	13
Momentum mechanisms under heterogeneous beliefs	13
Which liquidity indicator is more informative to market volatility? Spectrum analysis of China’s base metal futures market	13
Information sharing in a perfectly competitive market	13
Political sentiment and MAX effect	12
Private health insurance consumption and public health-care provision in OECD countries: Impact of culture, finance, and the pandemic	12
Investor sentiment and green finance indicators: exploring herding behavior in clean versus dirty cryptocurrencies	12
Adaptive online portfolio selection incorporating systematic risk of the financial market	12
Did the Indian stock market overreact to Covid-19?	12
Regulation and crises: A concave story	12
The effects of interbank market on central bank digital currency and transmission of monetary policy	12
The RP-PCA factors and stock return predictability: An aligned approach	12
Impact of Basel III liquidity regulations on U.S. Bank performance in different conditional profitability spectrums	12
The cross-border interaction of financial stress: From the perspective of pattern causality	12
Commonality, macroeconomic factors and banking profitability	12
Geopolitical risks and investor sentiment: Causality and TVP-VAR analysis	11
Pricing options on the maximum or the minimum of several assets with default risk	11
Research on the time-varying effects among green finance markets in China: A fresh evidence from multi-frequency scale perspective	11
Re-examining China and the u.s.’s respective green bond markets in extreme conditions: Evidence from quantile connectedness	11
The valuation of variance swaps with psychological barriers in the underlying dynamics	11
A penalized U-MIDAS multinomial logit model with applications to corporate credit ratings	11
Real-time GARCH@CARR: A joint model of returns, realized measure of volatility and current intraday information	11
Upside/Downside spillovers between oil and Chinese stock sectors: From the global financial crisis to global pandemic	11
The effects of financial openness and financial efficiency on Chinese macroeconomic volatilities	11

Multiperiod portfolio allocation: A study of volatility clustering, non-normalities and predictable returns	11
ESG and Stock Price Volatility Risk: Evidence from Chinese A-share Market	11
Effect of sectoral holdings on the flow-performance sensitivity of mutual funds	10
Is a co-jump in prices a sparse jump?	10
Dynamic q-dependent cross-correlation test for investment classification and its application on green finance	10
Sources of CEO power and firm mergers & acquisitions——Evidence from Chinese listed family firms	10
Corporate investment amid trade policy uncertainty: Past lessons, future presidency	10
Stablecoins as the cornerstone in the linkage between the digital and conventional financial markets	10
Digital finance and misallocation of resources among firms: Evidence from China	10
Dynamic volatility spillover among cryptocurrencies and energy markets: An empirical analysis based on a multilevel complex network	10
Can hybrid model improve the forecasting performance of stock price index amid COVID-19? Contextual evidence from the MEEMD-LSTM-MLP approach	10
Reassessing the inversion of the Treasury yield curve as a sign of U.S. recessions: Insights from the housing and credit markets	10
Unveiling asymmetric return spillovers with portfolio implications among Indian stock sectors during Covid-19 pandemic	10
Investor sentiment and energy futures predictability: Evidence from Feasible Quasi Generalized Least Squares	10
The effect of output and the real exchange rate on equity price dynamics	10
The effects of formal and informal CEO power on debt policy persistence	10
ESG rating divergence and stock price crash risk	10
When does gold protect emerging markets? structural vs. cyclical uncertainty in a time–frequency analysis	10
Option trading volume and the cross-section of option returns	9
Dynamic connectedness of climate risks, oil shocks, and China’s energy futures market: Time-frequency evidence from Quantile-on-Quantile regression	9
Temporal and spatial heterogeneity of resource misallocation in Chinese banks and its influential factors	9
Economic policy uncertainty, macroeconomic shocks, and systemic risk: Evidence from China	9
Analytical valuation of vulnerable chained options	9
Investor sentiment response to COVID-19 outbreak-related news: A sectoral analysis of US firms	9
Impacts of COVID-19 on global stock sectors: Evidence from time-varying connectedness and asymmetric nexus analysis	9
The time-varying relationship between climate uncertainty, low-carbon stocks and green bonds	9
Dealer markets: A reinforcement learning mean field game approach	9
How does node centrality in a financial network affect asset price prediction?	9
Spillover of fear among the US and BRICS equity markets during the COVID-19 crisis and the Russo-Ukrainian conflict	9
Editorial Board	9
Corporate cash value and ESG management: Panel data analyses of stock indices across countries	9
The impact of revenue diversification on profitability, capital, and risk in US banks by size	9
Modeling and forecasting commodity price volatility using a common leverage factor	9
The threshold effect of political connection on the green innovation of businesses: Evidence from China	9
Are green bonds the new quasi-havens? novel evidence from sentiment-driven volatility spillovers	9
Network volatility, contagion, and two-pillar policies: Insights from Chinese financial sector data	9
Searching hedging instruments against diverse global risks and uncertainties	9
Dynamic relationships among climate policy uncertainty, investor sentiment and stock price synchronicity-- empirical research based on TVP-SV-VAR model	9
Does inter-industry risk spillover network predict financial crisis? Evidence from a gated graph neural networks approach	9
Searching for informed traders in stock markets: The case of Banco Popular	9
Models of optimal contract in lending: Evaluating the impact of diversified versus focused policies on riskiness of borrower base	9
Overconfident investors, Predictable Returns, and optimal consumption-portfolio rules	9
Animal Behavior in Capital markets: Herding formation dynamics, trading volume, and the role of COVID-19 pandemic	9
Information asymmetry, sentiment interactions, and asset price	9
WITHDRAWN: Extreme risk contagion from the United States to BRICS stock markets: A multivariate quantile analysis	9
Mutual fund style drift measured using higher moments and its cash flow incentive	9