Quarterly Review of Economics and Finance

Article	Citations
Readability of asset securitization reporting and bank holding company’s credit risk	161
Rigidity in public contracts: Implications for renewal dynamics	102
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	80
Irregularities in forward-looking volatility	79
Trading strategies and the frequency of time-series	77
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	72
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	69
FoMO in the Bitcoin market: Revisiting and factors	60
ESG rating, rating divergence and investment efficiency: International evidence	56
Quality differentiation and optimal pricing strategy in multi-sided markets	54
Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	50
Examining the impact of natural gas price volatility on EURO zone inflation expectations	41
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	40
The sustainability factor in asset pricing: Empirical evidence from the Indian market	39
Risk assessment of equity-based conventional and islamic stock portfolios	39
News-based economic policy uncertainty and financial contagion: An international evidence	37
The capital ratio and the interest rate spread: A panel threshold regression approach	36
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	36
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	36
The positive impact of investment subsidies on the economy with present-biased consumers	35
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	35
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	34
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	34
The effect of financial distress on capital structure: The case of Brazilian banks	32
Permanent inequality versus earnings instability and transmission of income shocks to consumption expenditure in India	32

Firm valuation with state dependent COD taxation	32
Moderating role of ESG disclosures and its impact on firm financial performance	31
Systemic importance of Chinese financial institutions based on the QC-ISAM-ARMA temporal network with coupling	30
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	29
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	28
The equity premium and the disconnect between uncertainty and volatility: A global perspective	27
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	26
Editorial Board	26
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	26
Optimal taxation, minimum wage constraint in a model of capital-skill complementarity	26
The decline in stock exchange listed firms	26
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	25
Editorial Board	24
Applications of fixed effect models to managerial risk-taking incentives	24
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	24
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	23
A new measure of fund window dressing and its application to Chinese mutual fund market	23
The forward premium anomaly and the currency carry trade hypothesis	23
Asymmetric effects of oil price shocks on the demand for money in Algeria	23
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	23
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	22
Effect of poverty on financial development: Does trade openness matter?	21
Editorial Board	21
Capital requirements and banks’ behavior: Evidence from bank stress tests	21
Tax clientele and share repurchase execution	21
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	20
Signaling through tests	19
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	19
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	18
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	18
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	18
Do influencers pay? Evidence from the Internet celebrity economy in China	18
Executive and non-executive employee ownership and bank risk: Evidence from European banks	18
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	18
Editorial Board	17
Social pension insurance and household risky asset investment: Evidence from China	17
Bank geographic diversification and market competition	17
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	17
The effect of the evergrande bankruptcy on Chinese real estate listed firms	17
The sum of all SCARES COVID-19 sentiment and asset return	17
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	17
Are dividend changes exploited in the equity market?	16
Does monetary policy favor the skilled? − Distributional role of monetary policy	16
Predicting abnormal capital flow episodes with machine learning methods	16
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	16
Analyzing the risks of an illiquid and global asset: The case of fine wine	15
Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	15
Party direct control and corporate fraud: Evidence from China	15
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	14
How does credit information sharing shape bank loans?	14

Shaken, stirred and indebted: Firm-level effects of earthquakes	14
Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	14
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	14
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	14
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	14
Short- and Long-Term Effects of ESG Pillars on Credit Risk	14
Share pledge transactions as an investor sentiment indicator - Evidence from China	14
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	14
Family ties and firm performance empirical evidence from East Asia	13
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	13
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	13
Do foreign investors deter corporate fraud? Evidence from China	13
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	13
Uncertainty and daily predictability of housing returns and volatility of the United States: Evidence from a higher-order nonparametric causality-in-quantiles test	13
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	13
Robbing a robber is not robbing	13
Segmentation, business environment and global informational efficiency of emerging financial markets	12
Deviating from full rationality but not from theoretical consistency: The behavior of inflation expectations in Brazil	12
Recessions and flattening of the yield curve (1960–2021): A two-way road under a regime switching approach	12
Uncertainty and gender inequality: A global investigation	12
Who needs cash? Digital finance and income inequality	12
Do emerging stock markets offer an illiquidity premium for local or global investors?	12
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	11
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	11
Duration of membership in the world trade organization and investment-oriented remittances inflows	11
Customer concentration, managerial risk aversion, and hostile takeover threats	11
Does Corporate Social Responsibility reporting improve financial performance? The moderating role of board diversity and gender composition	11
Optimal inflation rate and fair wage	11
Asset redeployability and dividend payout policy	11
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	11
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	11
Political connections, investment inefficiency, and the Indian banking crisis	11
Financial inclusion and income distribution revisited: New findings	11
Markowitz portfolios under transaction costs	10
Make or buy for public services: Culture matters for efficiency considerations	10
The effects of countercyclical leverage buffers on macroeconomic and financial stability	10
Pathways to self-sufficiency in the microfinance ecosystem	10
Uncertainty matters in US financial information spillovers: Evidence from a directed acyclic graph approach	10
Green bonds: A demographic study of Retail Investors in India	10
The role of international currency spillovers in shaping exchange rate dynamics in Latin America	10
Competition, ratings shopping, and yield spread: Evidence from China’s enterprise bond market	10
Sentiment-return relation and stock price synchronicity: Firm-level versus market-level sentiment	10
The association between financial market volatility and banking market structure	10
When are busy boards beneficial?	10
Decomposing the yield curve with linear regressions and survey information	10
Persistence and long run co-movements across stock market prices	10
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	10
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	10
The transmission of targeted monetary policy to bank credit supply	10
On the benefits of active stock selection strategies for diversified investors	10
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	10
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	9
Import penetration and workplace safety	9
Agriculture and inflation: Expected and unexpected shocks	9
Does CEO general managerial ability matter in M&A voting?	9
Money demand function with time-varying coefficients	9
Natural disasters and bank liquidity creation in Sub-Saharan African countries: Evidence from banks panel data	9
Customer concentration, managerial risk aversion, and independent directors: A quasi-natural experiment	9
Time-varying dependence of Bitcoin	9
Asymmetry in inflation persistence under inflation targeting	9
Political influence and banking performance: Evidence from the African countries	9
Does AI contribute to systemic risk reduction in non-financial corporations?	9
Oil shocks and investor attention	9
Energy-related uncertainty and international stock market volatility	8
The asymmetric impact of oil price shocks on China stock market: Evidence from quantile-on-quantile regression	8
Do news sentiment and the economic uncertainty caused by public health events impact macroeconomic indicators? Evidence from a TVP-VAR decomposition approach	8
The macroeconomic stabilisation and welfare implications of alternative strategic and fiscal regimes in a monetary union	8
Seasonal patterns of earnings releases and post-earnings announcement drift	8
Dynamic dependence and causality between crude oil, green bonds, commodities, geopolitical risks, and policy uncertainty	8
Do economic uncertainty and persistence in housing prices matter on mortgage insurance?	8
The Effect of Bilateral Investment Treaties (BITs) on the extensive and intensive margins of exports	7
Value-based pricing of a COVID-19 vaccine	7
Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries	7
Banking efficiency, ownership types, and operations: A quasi-natural experiment of conventional and Islamic banks	7
Exchange rate driven balance sheet effect and capital flows to emerging market economies	7
Is it me or you? A deeper insight into profile of misreporting economies	7
Meet-or-beat streak heterogeneity and equity prices	7
Household debt and debt to income: The role of business ownership	7
Disclosure in corporate pension plans using a regression discontinuity design	7
Informality, rule-of-thumb consumers, and the effectiveness of monetary policy in emerging economies	7

Foreign institutional ownership and the effectiveness of technical analysis	7
Satiation, habit formation, and other temporal anomalies: Extending the choice theory to multiple neighborhoods of time	7
Economic policy uncertainty and industry innovation: Cross country evidence	7
Local government responses to procurement centralization: Evidence from Italy	7
Transnational spillover effects of European sovereign rating signals on bank stock returns	6
Barrier option pricing under a Markov Regime switching diffusion model	6
Cui bono? Large-scale evidence on the impact of COVID-19 policy measures on listed firms	6
Can corporate social performance mitigate the risk of extreme stock returns?	6
Dynamic spillovers in higher moments and jumps across ETFs and economic and financial uncertainty factors in the context of successive shocks	6
Political connections of executives and directors: Relevant facts to understand the impact of politicians on firm valuation	6
Taxation and corporate investment efficiency in common prosperity	6
The stabilizing effect of the zero lower bound: A perspective of interest rate target zones	6
Cloning mutual fund returns	6
Language barriers, corporate site visit, and analyst forecast accuracy	6
Credit ratings and corporate ESG behavior	6
Editorial Board	6
Independent institution or cooperative institution? China’s deposit insurance institution model and the Honey Badger Algorithm	6
Language as a trade barrier in public procurement: Evidence from Georgia's policies on English language documentation	6
Political risk and financial development in Nigeria: Can credit buy social peace?	6
The value of international standards certification: Evidence on export and firm performance from a security enforcement on borders	6
Financial trading versus entrepreneurship: Competition for talent and negative feedback effects	6
Uncertainty in long-term macroeconomic forecasts: Ex post evaluation of forecasts by economics researchers	6
The impact of (social) anchors on Prospect Theory’s value function	6
The Mediating Effect of Institutional Governance on Banking Depth and Economic Performance	6
Control contestability, large shareholder identity, and corporate risk-taking: International evidence	6
Can direct government intervention save the stock market?	5
Gold, silver, and the US dollar as harbingers of financial calm and distress	5
Okun's law: Copula-based evidence from G7 countries	5
Variation in option implied volatility spread and future stock returns	5
Access to the banking sector and employment in Africa	5
Does e-procurement matter for economic growth? Subnational evidence from Australia	5
Does import competition from China discipline overconfident CEOs in U.S. firms?	5
The effectiveness of board independence in high-discretion firms	5
Editorial Board	5
Does fiscal sentiment matter for sovereign risk?	5
Monetary policy with non-Ricardian households	5
Bank homogeneity and risk-taking: Evidence from China	5
Heterogeneity and time-varying efficiency in the Ecuadorian banking sector. An output distance stochastic frontier approach	5
Does soft shareholder activism hold hard consequences?	5
Directional predictability and time-frequency spillovers among clean energy sectors and oil price uncertainty	5
An empirical nexus between exchange rate and China's outward foreign direct investment: Implications for Pakistan under the China Pakistan economic corridor project	5
From the Fringe to the front-stage. European immigration and the Far-Right vote: An IV approach	5
On the predictive ability of conditional market skewness	5
Market reactions to the Basel reforms: Implications for shareholders, creditors, and taxpayers	5
Shades of social mobility: Colorism, ethnic origin and intergenerational social mobility	5
Money, output, and prices: 1967-2022	5
Extreme frequency connectedness, determinants and portfolio analysis of major cryptocurrencies: Insights from quantile time-frequency approach	5
Pandemic, inequality and public health: A quantitative analysis	5
Stock price informativeness of risk disclosure: Does time orientation matter?	5
Beyond financial wealth: The experienced utility of collectibles	5
Asymmetric volatility structure of equity returns: Evidence from an emerging market	4
A novel credit model risk measure: Do more data lead to lower model risk?	4
Cryptocurrency in context of fiat money functions	4
Testing the neo-fisherian hypothesis in Brazil	4
Tug of war with noise traders? Evidence from the G7 stock markets	4
Dynamics of asymmetric connectedness among magnificent seven technology giants: Insights from QVAR analysis	4
Spillovers in Higher-Order Moments of Crude Oil, Gold, and Bitcoin	4
Economic policy uncertainty as an indicator of abrupt movements in the US stock market	4
Dissecting value-growth strategies conditioned on expectation errors	4
Venture capital and corporate financialization: Evidence from China	4
Antitrust regulation, innovation and industry dynamics	4
Vulnerable options with regime switching and stochastic liquidity	4
Discrimination and subjective player ratings: Evidence from China	4
Commodity futures markets under stress and stress-free periods: Further insights from a quantile connectedness approach	4
Local environmental organizations and employee directors on the board	4
Do financial technology and financial development lessen shadow economy? Evidence from BRICST economies using heterogenous bootstrap panel causality	4
Do environmental courts break collusion in environmental governance? Evidence from corporate green innovation in China	4
Optimal fiscal policy in incomplete market business cycle economies	4
Editorial Board	4
Informational efficiency and GICS classification: Evidence from REITs	4
Editorial Board	4
Testing monetary neutrality with respect to relative price of oil using divisia 4
The impact of political freedoms on cross-border M&A abandonment likelihood	4
Editorial Board	4
Systemic risk and financial networks	4
Drivers of Turkish inflation	4
Revisiting the accuracy of standard VaR methods for risk assessment: Using the Copula–EVT multidimensional approach for stock markets in the MENA region	4
The economic effects of fiscal policy: Further evidence for Spain	4
Information disclosure strategies and bank interest rates pricing decisions	4
Debtholder responses to controlling shareholders’ share pledging	4
Asymmetric nexus between economic policy uncertainty and the Indian stock market: Evidence using NARDL approach	4
Nurturing nature: The role of green finance in reviving urban biodiversity	3
Regime switching and the responsiveness of prices to supply: The case of the Irish housing market	3
How does carbon regulatory policy affect debt financing costs? Empirical evidence from China	3
Out-of-sample predictability of gold market volatility: The role of US Nonfarm Payroll	3
Reexamining information asymmetry related to corporate spin-offs	3
Mortgage risk and bank runs	3
Firm location quality, founding family firms, and management team expertise	3
Investigating financial decision-making when facing skewed distributions of return: A survey study in Vietnam	3
Speculative trading in Bitcoin: A Brazilian market evidence	3
Volatility spillovers and other dynamics between cryptocurrencies and the energy and bond markets	3
Does ESG disclosure really influence the firm performance? Evidence from India	3
The more you know, the better: A Heckman repeat-sales price index	3
Quantile time-frequency connectedness among G7 stock markets and clean energy markets	3
The anatomy of fiscal dynamics in a model with financial frictions	3