North American Journal of Economics and Finance

Article	Citations
Oil price shocks, geopolitical risks, and green bond market dynamics	173
Can crude oil drive the co-movement in the international stock market? Evidence from partial wavelet coherence analysis	75
Forecasting stock index price using the CEEMDAN-LSTM model	71
Connectedness and systemic risk spillovers analysis of Chinese sectors based on tail risk network	67
“Small things matter most”: The spillover effects in the cryptocurrency market and gold as a silver bullet	67
Efficient predictability of stock return volatility: The role of stock market implied volatility	63
The impact of China’s one belt one road initiative on international trade in the ASEAN region	62
Risk spillover and network connectedness analysis of China’s green bond and financial markets: Evidence from financial events of 2015–2020	62
Impact of COVID-19 pandemic on stock markets: Conventional vs. Islamic indices using wavelet-based multi-timescales analysis	62
Accessibility of financial services and household consumption in China: Evidence from micro data	57
Why cryptocurrency markets are inefficient: The impact of liquidity and volatility	54
Visiting the effects of oil price shocks on exchange rates: Quantile-on-quantile and causality-in-quantiles approaches	52
Risk spillover between Bitcoin and conventional financial markets: An expectile-based approach	52
Forecasting stock market returns: New technical indicators and two-step economic constraint method	50
COVID-19 and asymmetric volatility spillovers across global stock markets	48
Risk spillover from crude oil prices to GCC stock market returns: New evidence during the COVID-19 outbreak	46
How does FinTech affect the development of the digital economy? Evidence from China	45
Is there one safe-haven for various turbulences? The evidence from gold, Bitcoin and Ether	44
Risk spillovers between cryptocurrencies and traditional currencies and gold under different global economic conditions	40
Revisiting the safe haven role of Gold across time and frequencies during the COVID-19 pandemic	39
Multiscale financial risk contagion between international stock markets: Evidence from EMD-Copula-CoVaR analysis	39
The role of insurance growth in economic growth: Fresh evidence from a panel of OECD countries	38
Adaptive market hypothesis: The story of the stock markets and COVID-19 pandemic	38
Time-frequency connectedness of crude oil, economic policy uncertainty and Chinese commodity markets: Evidence from rolling window analysis	38
Systemic financial risk early warning of financial market in China using Attention-LSTM model	37

A comparative study of forecasting corporate credit ratings using neural networks, support vector machines, and decision trees	36
Analysis of the impact of COVID-19 pandemic on G20 stock markets	36
The impact of economic uncertainty and geopolitical risks on bank credit	34
Time and frequency connectedness and portfolio diversification between cryptocurrencies and renewable energy stock markets during COVID-19	34
Financial innovation and bank growth: The role of institutional environments	33
Dynamic behaviors and contributing factors of volatility spillovers across G7 stock markets	32
Carbon option price forecasting based on modified fractional Brownian motion optimized by GARCH model in carbon emission trading	32
The effects of oil price shocks on inflation in the G7 countries	32
Dynamic volatility spillovers between industries in the US stock market: Evidence from the COVID-19 pandemic and Black Monday	31
Non-linear causal linkages of EPU and gold with major cryptocurrencies during bull and bear markets	31
The dynamic impact of oil price shocks on the stock market and the USD/RMB exchange rate: Evidence from implied volatility indices	31
How do stock price indices absorb the COVID-19 pandemic shocks?	31
Economic policy uncertainty and cost of debt financing: International evidence	31
Asymmetric volatility connectedness among U.S. stock sectors	30
The economic and financial properties of crude oil: A review	30
Analysis of the impact of Sino-US trade friction on China’s stock market based on complex networks	29
Systemic risk of Chinese financial institutions and asset price bubbles	29
Exploring the dynamic spillover of cryptocurrency environmental attention across the commodities, green bonds, and environment-related stocks	28
The COVID-19 Pandemic and Sovereign Bond Risk	28
Oil price uncertainty and movements in the US government bond risk premia	28
Liquidity creation and bank profitability	27
Economic policy uncertainty and stock market returns: New evidence	27
CEO overconfidence and labor investment efficiency	27
Customer concentration and corporate innovation: Evidence from China	26
Factors affecting institutional investors to add crypto-currency to asset portfolios	26
The impact of COVID-19 on the G7 stock markets: A time-frequency analysis	26
Can digital financial inclusion promote female entrepreneurship? Evidence and mechanisms	25
Forecasting the Chinese stock market volatility with international market volatilities: The role of regime switching	25
Time–frequency quantile dependence between Bitcoin and global equity markets	25
The nonlinear effect of oil price shocks on financial stress: Evidence from China	25
Risk spillovers and hedge strategies between global crude oil markets and stock markets: Do regime switching processes combining long memory and asymmetry matter?	24
Do cryptocurrencies provide better hedging? Evidence from major equity markets during COVID-19 pandemic	24
CEO duality, information costs, and firm performance	24
Does oil price variability affect the long memory and weak form efficiency of stock markets in top oil producers and oil Consumers? Evidence from an asymmetric MF-DFA approach	24
Herding in the bad times: The 2008 and COVID-19 crises	24
The impact of financial technology on China’s banking industry: An application of the metafrontier cost Malmquist productivity index	24
Dynamic spillover and connectedness between oil futures and European bonds	24
Income diversification and bank risk in Asia Pacific	23
Investor sentiment and Bitcoin relationship: A quantile-based analysis	23
Risk spillover analysis across worldwide ESG stock markets: New evidence from the frequency-domain	23
Time-frequency co-movements between bank credit supply and economic growth in an emerging market: Does the bank ownership structure matter?	22
Herding behavior in the cryptocurrency market during COVID-19 pandemic: The role of media coverage	22
Geopolitical risk and stock market volatility in emerging markets: A GARCH – MIDAS approach	22
Market volatility and illiquidity during the COVID-19 outbreak: Evidence from the Saudi stock exchange through the wavelet coherence approaches	21
Value investing versus other investment strategies: A volatility spillover approach and portfolio hedging strategies for investors	21
Is corporate tax avoidance associated with investment efficiency?	21
COVID-19 related media sentiment and the yield curve of G-7 economies	21
Wavelet coherence analysis of returns, volatility and interdependence of the US and the EU money markets: Pre & post crisis	21
Economic policy uncertainty and stock market sector time-varying spillover effect: Evidence from China	20
Spillovers between sovereign CDS and exchange rate markets: The role of market fear	20

Dynamic volatility transmission and portfolio management across major cryptocurrencies: Evidence from hourly data	20
Financial development and economic growth in a microfounded small open economy model	20
Liquidity, earnings management, and stock expected returns	20
The impact of non-performing loans on bank lending in Europe: An empirical analysis	20
Forecast on silver futures linked with structural breaks and day-of-the-week effect	19
Connectedness of commodity, exchange rate and categorical economic policy uncertainties — Evidence from China	19
Economic uncertainty, oil prices, hedging and U.S. stock returns of the airline industry	19
Multiscale features of extreme risk spillover networks among global stock markets	19
The value of implementing enterprise risk management: Evidence from Taiwan’s financial industry	19
Measuring systemic risk of the Chinese banking industry: A wavelet-based quantile regression approach	19
Improving the realized GARCH’s volatility forecast for Bitcoin with jump-robust estimators	19
The COVID-19 pandemic uncertainty, investor sentiment, and global equity markets: Evidence from the time-frequency co-movements	19
Retail investors’ trading and stock market liquidity	18
Did the introduction of Bitcoin futures crash the Bitcoin market at the end of 2017?	18
The asymmetric effect of crude oil prices on stock prices in major international financial markets	17
Stablecoins as a tool to mitigate the downside risk of cryptocurrency portfolios	17
Spillovers and diversification potential of bank equity returns from developed and emerging America	17
Time-varying asymmetric volatility spillover between global markets and China’s A, B and H-shares using EGARCH and DCC-EGARCH models	17
Multi-scale systemic risk and spillover networks of commodity markets in the bullish and bearish regimes	17
Impacts of COVID-19 on global stock sectors: Evidence from time-varying connectedness and asymmetric nexus analysis	17
Does transaction activity predict Bitcoin returns? Evidence from quantile-on-quantile analysis	17
The outbreak of COVID-19 and stock market liquidity: Evidence from emerging and developed equity markets	17
What drives dynamic connectedness of the U.S equity sectors during different business cycles?	17
Bank profitability in the Eurasian Economic Union: Do funding liquidity and systemic importance matter?	16
The blind power: Power-led CEO overconfidence and M&A decision making	16
Liquidity indicators, early warning signals in banks, and financial crises	16
The effect of economic policy uncertainty on China’s housing market	16
VIX forecasting based on GARCH-type model with observable dynamic jumps: A new perspective	16
The impact of the macroeconomic factors in the bank efficiency: Evidence from the Chinese city banks	16
How have the dependence structures between stock markets and economic factors changed during the COVID-19 pandemic?	16
Contagion effects and risk transmission channels in the housing, stock, interest rate and currency markets: An Empirical Study in China and the U.S.	16
Bank systemic risk and CEO overconfidence	16
A study of the efficiency of the Chinese clean energy stock market and its correlation with the crude oil market based on an asymmetric multifractal scaling behavior analysis	15
Connectedness of non-fungible tokens and conventional cryptocurrencies with metals	15
Pricing efficiency and asymmetric multifractality of major asset classes before and during COVID-19 crisis	15
Forecasting solar stock prices using tree-based machine learning classification: How important are silver prices?	15
Contagion effect of systemic risk among industry sectors in China’s stock market	15
Sensitivity of US equity returns to economic policy uncertainty and investor sentiments	15
Time-dependent lead-lag relationships between the VIX and VIX futures markets	15
Network VAR models to measure financial contagion	15
Stock market reactions to upside and downside volatility of Bitcoin: A quantile analysis	15
Time-frequency effect of crude oil and exchange rates on stock markets in BRICS countries: Evidence from wavelet quantile regression analysis	14
Liquidity and firm value in an emerging market: Nonlinearity, political connections and corporate ownership	14
House price synchronization across the US states: The role of structural oil shocks	14
The role of the board and the audit committee in corporate risk management	14
Individual new energy consumption and economic growth in China	14
Digital finance and misallocation of resources among firms: Evidence from China	14
The effects of exchange rate fluctuations on the stock market and the affecting mechanisms: Evidence from BRICS countries	14
Holding risky financial assets and subjective wellbeing: Empirical evidence from China	14
A study on the bursting point of Bitcoin based on the BSADF and LPPLS methods	14
Does government funding promote or inhibit the financialization of manufacturing enterprises? Evidence from listed Chinese enterprises	13
Analysis of the cross-region risk contagion effect in stock market based on volatility spillover networks: Evidence from China	13
Intraday return predictability in the cryptocurrency markets: Momentum, reversal, or both	13
The influence of international oil price fluctuation on the exchange rate of countries along the “Belt and Road”	13
Time-varying lead–lag structure between investor sentiment and stock market	13
Modeling dynamic conditional correlations with leverage effects and volatility spillover effects: Evidence from the Chinese and US stock markets affected by the recent trade friction	13
Economic uncertainty and national bitcoin trading activity	13
Dynamic spillovers and linkages between gold, crude oil, S&P 500, and other economic and financial variables. Evidence from the USA	13
How does economic policy uncertainty drive time–frequency connectedness across commodity and financial markets?	13
COVID-19 stringency measures and foreign investment: An early assessment	12
Spillover effects in oil-related CDS markets during and after the sub-prime crisis	12
Derivatives market and economic growth nexus: Policy implications for emerging markets	12
Time-frequency transmission mechanism of EPU, investor sentiment and financial assets: A multiscale TVP-VAR connectedness analysis	12
Herding in Open-end Funds: Evidence from China	12
The ‘COVID’ crash of the 2020 U.S. Stock market	12
Interconnectivity among cryptocurrencies, NFTs, and DeFi: Evidence from the Russia-Ukraine conflict	12
Partial cross-quantilogram networks: Measuring quantile connectedness of financial institutions	12
Contagion between real estate and financial markets: A Bayesian quantile-on-quantile approach	12
Overnight stock returns, intraday returns, and firm-specific investor sentiment	12
Institutional quality and corporate financing decisions around the world	12
Time-frequency causality and dependence structure between crude oil, EPU and Chinese industry stock: Evidence from multiscale quantile perspectives	12
Is Bitcoin a better hedging and safe-haven investment than traditional assets against currencies? Evidence from the time-frequency domain approach	12
Stablecoins as the cornerstone in the linkage between the digital and conventional financial markets	12
Foreign direct investment and financial markets influences: Results from the United States	11
Dependence dynamics of Islamic and conventional equity sectors: What do we learn from the decoupling hypothesis and COVID-19 pandemic?	11
An evolutionary game theory model for the inter-relationships between financial regulation and financial innovation	11
Spillovers of U.S. market volatility and monetary policy uncertainty to global stock markets	11
Spillover and connectedness among G7 real estate investment trusts: The effects of investor sentiment and global factors	11
The impact of COVID-19 on the tourism and hospitality Industry: Evidence from international stock markets	11
Impact of CEO narcissism and hubris on corporate sustainability and firm performance	11

Heterogeneity dependence between oil prices and exchange rate: Evidence from a parametric test of Granger causality in quantiles	11
Exploring the development trend of internet finance in China: Perspective from club convergence	11
Stock Market’s responses to intraday investor sentiment	11
Price effects after one-day abnormal returns in developed and emerging markets: ESG versus traditional indices	11
A novel two-stage method for well-diversified portfolio construction based on stock return prediction using machine learning	11
Stock index futures price prediction using feature selection and deep learning	11
Oil, Gas, or Financial Conditions-Which One Has a Stronger Link with Growth?	11
Hedge and safe-haven properties of FAANA against gold, US Treasury, bitcoin, and US Dollar/CHF during the pandemic period	11
Asymmetric dependence structures for regional stock markets: An unconditional quantile regression approach	10
Estimating yield spreads volatility using GARCH-type models	10
Dependent relationships between Chinese commodity markets and the international financial market: Evidence from quantile time-frequency analysis	10
The empirical linkages among market returns, return volatility, and trading volume: Evidence from the S&P 500 VIX Futures	10
Catastrophe bond spread and hurricane arrival frequency	10
The financial investment decision of non-financial firms in China	10
Evolution of price effects after one-day abnormal returns in the US stock market	10
Spatial analysis of liquidity risk in China	10
News will tell: Forecasting foreign exchange rates based on news story events in the economy calendar	10
Time-varying impact of monetary policy shocks on US stock returns: The role of investor sentiment	10
Forecasting risk in the US Dollar exchange rate under volatility shifts	10
Who is more important, parents or children? Economic and environmental factors and health insurance purchase	10
Industry risk transmission channels and the spillover effects of specific determinants in China’s stock market: A spatial econometrics approach	10
Predictability of tail risks of Canada and the U.S. Over a Century: The role of spillovers and oil tail Risks☆	10
Exchange rate regimes and market integration: evidence from the dynamic relations between renminbi onshore and offshore markets	10
Group penalized logistic regressions predict up and down trends for stock prices	10
Knowledge capital, CEO power, and firm value: Evidence from the IT industry	10
Forecasting stock market volatility: Can the risk aversion measure exert an important role?	10
Valuing spread options with counterparty risk and jump risk	10
What drives the liquidity premium in the Chinese stock market?	10
Identifying states of global financial market based on information flow network motifs	9
Incorporating the RMB internationalization effect into its exchange rate volatility forecasting	9
How does HFT activity impact market volatility and the bid-ask spread after an exogenous shock? An empirical analysis on S&P 500 ETF	9
The dynamic connectedness and hedging opportunities of implied and realized volatility: Evidence from clean energy ETFs	9
How can investors build a better portfolio in small open economies? Evidence from Asia’s Four Little Dragons	9
Dynamic time series momentum of cryptocurrencies	9
Infectious diseases tracking and sectoral stock market returns: A quantile regression analysis	9
News sentiment, credit spreads, and information asymmetry	9
Modelling international sovereign risk information spillovers: A multilayer network approach	9
Time-varying risk spillovers in Chinese stock market – New evidence from high-frequency data	9
Corporate cash holdings and total factor productivity – A global analysis	9
How does the money market development impact the bank lending channel of emerging Countries? A case from China	9
The momentum and reversal effects of investor sentiment on stock prices	9
Regime switches and commonalities of the cryptocurrencies asset class	9
Geopolitical risks and investor sentiment: Causality and TVP-VAR analysis	9
Do alternative energy markets provide optimal alternative investment opportunities?	9
Are Google searches making the Bitcoin market run amok? A tail event analysis	9
Hedging and pricing early-exercise options with complex fourier series expansion	9
Time-frequency co-movement and network connectedness between green bond and financial asset markets: Evidence from multiscale TVP-VAR analysis	9
Investment committees and corporate cash holdings	9
How does investor attention matter for crude oil prices and returns? Evidence from time-frequency quantile causality analysis	9
The impact of the shutdown policy on the asymmetric interdependence structure and risk transmission of cryptocurrency and China’s financial market	9