North American Journal of Economics and Finance

Article	Citations
Multi-step barrier products and static hedging	118
Editorial Board	117
US structural drivers of international portfolio returns	115
An analytical solution for the robust investment-reinsurance strategy with general utilities	95
Unveiling the gold-oil whirl amidst market uncertainty shocks in China	71
Legal shifts and corporate strategy: The impact of China’s New Securities Law on earnings management	67
Dynamics of market power and stability in GCC banking: econometric analysis and policy implications	66
On the connectedness between the uncertainty of central bank digital currency adoption and stablecoins	55
Credit ratings and top executives’ political ideology	54
The transition of the global financial markets' connectedness during the COVID-19 pandemic	54
Expected versus unexpected Inflation:The role of Trade Policy	50
The impact of audit fees and auditor tenure on company valuation: An analysis of large U.S. audit firms	50
Dissecting returns of non-fungible tokens (NFTs): Evidence from CryptoPunks	50
Editorial Board	50
Asymmetric dynamics between the Baltic Dry Index and financial markets during major global economic events	50
Which uncertainty measure better predicts gold prices? New evidence from a CNN-LSTM approach	48
Recent evidence on the short-term and long-term performance persistence of emerging-market mutual fund returns	48
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	46
Hand in hand or left behind: The dual impact of leading firms’ digital technologies on industry digital transformation	45
A non-zero-sum investment and reinsurance game between two mean–variance insurers with dynamic CVaR constraints	45
Modeling the unintended consequences of short selling for innovation investment	44
The impact of Twitter-based sentiment on US sectoral returns	43
Exploring the dynamic spillover of cryptocurrency environmental attention across the commodities, green bonds, and environment-related stocks	41
Geopolitical risk and stock market volatility in emerging markets: A GARCH – MIDAS approach	41
Clustering effects and evolution of the global major 10-year government bond market structure: A network perspective	39

Impact of Off-Balance-Sheet Activities on the Effectiveness of Monetary Policy	38
Unveiling the bright side of rice-farming culture in shaping innovation: Evidence from Chinese listed firms	38
Strategic cooperation in fintech field and efficiency of commercial banks	37
Fintech, strategic incentives and investment to human capital, and MSEs innovation	35
Can real-time investor sentiment help predict the high-frequency stock returns? Evidence from a mixed-frequency-rolling decomposition forecasting method	35
Determinants of CDS in core and peripheral European countries: A comparative study during crisis and calm periods	35
The effect of compound heat-drought risk on municipal corporate bonds pricing: Evidence from China	34
Deregulation of short selling and corporate cash dividend policy: A quasi-natural experiment from China	33
Editorial Board	33
Does the international oil market interact with China’s financial market? New evidence from time-varying higher moments	32
Can monthly-return rank order reveal a hidden dimension of momentum? The post-cost evidence from the U.S. stock markets	32
Enhanced index tracking: A relative downside risk approach	31
MRN-based connectedness: A nonlinear approach for capturing systemic risk dynamics in financial systems	31
International oil shocks and the volatility forecasting of Chinese stock market based on machine learning combination models	31
Can NFTs hedge the risk of traditional assets after the COVID-19 pandemic?	30
Green bonds and clean energy stocks: Safe havens against global uncertainties? A wavelet quantile-based examination	29
Economic fundamentals, policy responses, and state-level municipal bond sensitivity to COVID-19 prevalence	29
Bank systemic risk prediction based on text mining and explainable machine learning	29
Dynamic volatility spillover and market emergency: Matching and forecasting	28
Static and dynamic return and volatility connectedness between transportation tokens and transportation indices: Evidence from quantile connectedness approach	28
Special issue: Financial technology, innovation, and corporate finance	28
Optimal venture capital entry–exit strategy with jump–diffusion risk	28
Pricing vulnerable spread options with liquidity risk under Lévy processes	27
Spillovers and directional predictability between international energy commodities and their implications for optimal portfolio and hedging	27
Editorial Board	27
Asymmetric impact of global crude oil on Chinese sectors and optimal portfolio strategies: An analysis of the higher-order moment tail risk spillovers	26
Oil price shocks, economic policy uncertainty and China’s producer price index: Evidence from quantile regression analysis	26
Inflation synchronization and shock transmission between the eurozone and the non-euro CEE Economies: A wavelet quantile VAR approach	25
Dynamic interrelations and the potential of global industrial sectors to function as a refuge for the global transition towards a low-carbon economy	25
Cross-sectional quantile regression for estimating conditional VaR of returns during periods of high volatility	25
How do the dual effects of financial development change the transmission of monetary policy? – Evidence from China	25
Cybersecurity risk and firm growth: Empirical evidence based on text analysis	25
Stock index futures price prediction using feature selection and deep learning	24
Spillover shifts in the FX market: Implication for the behavior of a safe haven currency	24
Investment and asset pricing with relative wealth concerns and multiple risky assets	24
Foreign ownership and M&A activity: Evidence from China	24
The impact of coordination of monetary policy and macroprudential policy on systemic risks in the real estate market	24
Influence of a wider trading range on stock price efficiency: Evidence from ChiNext stocks in China	23
Examining the nexus between oil shocks and sovereign credit risk: Multidimensional insights from major oil exporters	23
Managerial response to institutional investor distraction	23
Decoding the stock market dynamics in the banking sector: Short versus long-term insights	23
Asymmetries in the international spillover effects of monetary policy: Based on TGVAR model	23
Editorial Board	23
Regional market uncertainty and corporate investment	23
A crisis like no other? Financial market analogies of the COVID-19-cum-Ukraine war crisis	23
Hedging Bitcoin with commodity futures: An analysis with copper, gas, gold, and crude oil futures	22
Measuring liquidity with return volatility: An analytical approach based on heavy-tailed Censored-GARCH model	22
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]	22
Who is smarter? Evidence from extreme financial risk contagion in hedge funds and mutual funds	22
Outperforming ESG stocks portfolio: A machine learning ranking model with catboots regressor	21

The neo-Fisherian effect in a new Keynesian model with real money balances	21
Geography of corporate networks and housing price spillovers: evidence from U.S. States	21
Institutional opening of capital market and stock price Bubble: Evidence from China	21
Explosive behavior in historic NASDAQ market prices	20
Oil price shocks and stock–bond correlation	20
The British Stock Market, currencies, brexit, and media sentiments: A big data analysis	20
Examining the transmission of credit and liquidity risks: A network analysis for EMU sovereign debt markets	19
Non-executive employee stock ownership plans and corporate innovation efficiency: Evidence from China	19
Risky finance, riskier climate: when financial instability meets climate risks on the bridge of sustainability uncertainty	19
Interactions between investors’ fear and greed sentiment and Bitcoin prices	19
Hedging the extreme risk of cryptocurrency	19
Economic uncertainty, shadow banking, and systemic risk: A perspective of interbank network structure analysis	19
The temporal variability in the returns of socially responsible funds to structural oil shocks	19
News and intraday jumps: Evidence from regularization and class imbalance	19
Measuring market volatility connectedness to media sentiment	19
A comparison of bitcoin futures return and return volatility based on news sentiment contemporaneously or lead-lag	19
Quantile connectedness of oil price shocks with socially responsible investments	19
A measure of quantile-on-quantile connectedness for the US treasury yield curve spread, the US Dollar, and gold price	18
Stock market extreme risk prediction based on machine learning: Evidence from the American market	18
Stock market forecasting accuracy of asymmetric GARCH models during the COVID-19 pandemic	18
Is there a dark side to financial inclusion? Understanding the relationship between financial inclusion and market risk	18
Stablecoins as a tool to mitigate the downside risk of cryptocurrency portfolios	18
Multi-scale systemic risk and spillover networks of commodity markets in the bullish and bearish regimes	17
Organizational capital and stock performance during Crises: Moderating role of generalist CEO	17
Liquidity spillovers between cryptocurrency and foreign exchange markets	17
Constrained portfolio optimization via Artificial Gorilla Troops: Benchmarking against swarm-intelligence metaheuristic algorithms	16
The outbreak of COVID-19 and stock market liquidity: Evidence from emerging and developed equity markets	16
Inflation risk and stock returns: Evidence from US aggregate and sectoral markets	16
On the non-neutrality of socially responsible investing in the presence of a greenium	16
Pricing VIX options based on mean-reverting models driven by information	16
Can U.S. macroeconomic indicators forecast cryptocurrency volatility?	16
Can volatility spread fully capture the put–call parity violation?	16
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	16
Cross-category and cross-country spillovers of economic policy uncertainty: Evidence from the US and China	16
Editorial Board	16
Individual investment adaptations to COVID-19 lockdowns	15
Forecasting volatility of China’s crude oil futures based on hybrid ML-HAR-RV models	15
Systemic risk monitoring model from the perspective of public information arrival	15
The impact of VIX on China’s financial market: A new perspective based on high-dimensional and time-varying methods	15
Systemic spillovers in high-growth private market sectors: determinants and portfolio implications	15
Do cryptocurrencies provide better hedging? Evidence from major equity markets during COVID-19 pandemic	15
Dynamic conditional correlations and connectedness in emerging-market exchange rates§	15
Systemic risk among Chinese oil and petrochemical firms based on dynamic tail risk spillover networks	15
Investigating the impact of the Covid-19 pandemic on stock markets volatility in USA and Europe	15
Systemic risk in corporate bond markets: Thematic vs. Exogenous recessions	15
CEO succession and corporate innovation: A managerial myopic perspective	15
The risk spillover between China’s economic policy uncertainty and commodity markets: Evidence from frequency spillover and quantile connectedness approaches	14
Editorial Board	14
How does FinTech affect the development of the digital economy? Evidence from China	14
Text Spillover: Measuring connectedness of financial institutions based on news text data	14
Geopolitical risk and firm value: Evidence from emerging markets	14
SMEs’ behavior under financial constraints: An empirical investigation on the legal environment and the substitution effect with tax arrears	14
Momentum mechanisms under heterogeneous beliefs	13
Private health insurance consumption and public health-care provision in OECD countries: Impact of culture, finance, and the pandemic	13
Information sharing in a perfectly competitive market	13
Money, payments systems, limited participation, and central banking	13
Carbon emission control, tariff-carbon tax reform and intersectoral migration in the presence of international capital inflows	13
Regulation and crises: A concave story	13
Hard to arbitrage, hard for analysts to forecast	13
Upside/Downside spillovers between oil and Chinese stock sectors: From the global financial crisis to global pandemic	12
Commonality, macroeconomic factors and banking profitability	12
Early warning systems for cryptocurrency markets: Predicting ‘zombie’ assets using machine learning	12
The cross-border interaction of financial stress: From the perspective of pattern causality	12
The RP-PCA factors and stock return predictability: An aligned approach	12
Which liquidity indicator is more informative to market volatility? Spectrum analysis of China’s base metal futures market	12
Adaptive online portfolio selection incorporating systematic risk of the financial market	12
Political sentiment and MAX effect	12
Did the Indian stock market overreact to Covid-19?	12
Impact of Basel III liquidity regulations on U.S. Bank performance in different conditional profitability spectrums	11
Stablecoins as the cornerstone in the linkage between the digital and conventional financial markets	11
Reassessing the inversion of the Treasury yield curve as a sign of U.S. recessions: Insights from the housing and credit markets	11
The effects of financial openness and financial efficiency on Chinese macroeconomic volatilities	11
Real-time GARCH@CARR: A joint model of returns, realized measure of volatility and current intraday information	11
Sources of CEO power and firm mergers & acquisitions——Evidence from Chinese listed family firms	11
Effect of sectoral holdings on the flow-performance sensitivity of mutual funds	11
Geopolitical risks and investor sentiment: Causality and TVP-VAR analysis	11
The valuation of variance swaps with psychological barriers in the underlying dynamics	11
Pricing options on the maximum or the minimum of several assets with default risk	11
Can hybrid model improve the forecasting performance of stock price index amid COVID-19? Contextual evidence from the MEEMD-LSTM-MLP approach	11
A penalized U-MIDAS multinomial logit model with applications to corporate credit ratings	10

Re-examining China and the u.s.’s respective green bond markets in extreme conditions: Evidence from quantile connectedness	10
Digital finance and misallocation of resources among firms: Evidence from China	10
Analytical valuation of vulnerable chained options	10
Unveiling asymmetric return spillovers with portfolio implications among Indian stock sectors during Covid-19 pandemic	10
ESG and Stock Price Volatility Risk: Evidence from Chinese A-share Market	10
Corporate investment amid trade policy uncertainty: Past lessons, future presidency	10
Research on the time-varying effects among green finance markets in China: A fresh evidence from multi-frequency scale perspective	10
Investor sentiment and energy futures predictability: Evidence from Feasible Quasi Generalized Least Squares	10
Multiperiod portfolio allocation: A study of volatility clustering, non-normalities and predictable returns	10
ESG rating divergence and stock price crash risk	10
The effect of output and the real exchange rate on equity price dynamics	10
Does inter-industry risk spillover network predict financial crisis? Evidence from a gated graph neural networks approach	9
Editorial Board	9
Spillover of fear among the US and BRICS equity markets during the COVID-19 crisis and the Russo-Ukrainian conflict	9
The impact of revenue diversification on profitability, capital, and risk in US banks by size	9
Models of optimal contract in lending: Evaluating the impact of diversified versus focused policies on riskiness of borrower base	9
Information asymmetry, sentiment interactions, and asset price	9
A new approach to capital control for emerging market economies	9
Dynamic q-dependent cross-correlation test for investment classification and its application on green finance	9
Overconfident investors, Predictable Returns, and optimal consumption-portfolio rules	9
Dynamic connectedness of climate risks, oil shocks, and China’s energy futures market: Time-frequency evidence from Quantile-on-Quantile regression	9
Impacts of COVID-19 on global stock sectors: Evidence from time-varying connectedness and asymmetric nexus analysis	9
Searching for informed traders in stock markets: The case of Banco Popular	9
The effects of formal and informal CEO power on debt policy persistence	9
Is a co-jump in prices a sparse jump?	9
Investor sentiment response to COVID-19 outbreak-related news: A sectoral analysis of US firms	9
Temporal and spatial heterogeneity of resource misallocation in Chinese banks and its influential factors	8
Dynamic volatility spillover among cryptocurrencies and energy markets: An empirical analysis based on a multilevel complex network	8
Dynamic impact of the US yield curve on green bonds: Navigating through recent crises	8
Modeling and forecasting commodity price volatility using a common leverage factor	8
Explosiveness in the renewable energy equity sector: International evidence	8
Dealer markets: A reinforcement learning mean field game approach	8
Searching hedging instruments against diverse global risks and uncertainties	8
Economic policy uncertainty, macroeconomic shocks, and systemic risk: Evidence from China	8
Option trading volume and the cross-section of option returns	8
Network measurement and influence mechanism of dynamic risk contagion among global stock markets: Based on time-varying spillover index and complex network method	8
WITHDRAWN: Extreme risk contagion from the United States to BRICS stock markets: A multivariate quantile analysis	8
Banking market structure and corporate investment efficiency	8
The time-varying relationship between climate uncertainty, low-carbon stocks and green bonds	8
The threshold effect of political connection on the green innovation of businesses: Evidence from China	8
Corporate cash value and ESG management: Panel data analyses of stock indices across countries	8
Mutual fund style drift measured using higher moments and its cash flow incentive	8
How does node centrality in a financial network affect asset price prediction?	8
Network volatility, contagion, and two-pillar policies: Insights from Chinese financial sector data	8