Quarterly Review of Economics and Finance

Article	Citations
EMU risk-synchronisation and financial fragility through the prism of dynamic connectedness	136
Geopolitical risk and volatility spillovers in oil and stock markets	125
Hedge and safe haven properties during COVID-19: Evidence from Bitcoin and gold	120
Impact of Covid-19 on corporate solvency and possible policy responses in the EU	92
Panel vector autoregression in R with the package panelvar	76
Access to finance – Mind the gender gap	65
Financial inclusion, bank market structure, and financial stability: International evidence	55
The COVID-19 pandemic and stock liquidity: Evidence from S&P 500	53
Spillovers in Higher-Order Moments of Crude Oil, Gold, and Bitcoin	52
Volatility and return spillovers between stock markets and cryptocurrencies	51
Long and short-term impacts of regulation in the cryptocurrency market	46
Implied volatility indices – A review	45
When, where, and how economic policy uncertainty predicts Bitcoin returns and volatility? A quantiles-based analysis	45
Loan loss provisions and audit quality: Evidence from MENA Islamic and conventional banks	43
Dynamic dependence and causality between crude oil, green bonds, commodities, geopolitical risks, and policy uncertainty	43
Asymmetric volatility structure of equity returns: Evidence from an emerging market	40
COVID-19 pandemic and the safe haven property of Bitcoin	39
Economic policy uncertainty and industry innovation: Cross country evidence	38
Spillovers and connectedness in foreign exchange markets: The role of trade policy uncertainty	36
Crude oil and stock markets in the COVID-19 crisis: Evidence from oil exporters and importers	36
Constructing a composite financial inclusion index for developing economies	35
Correlations and volatility spillovers between China and Southeast Asian stock markets	34
On the dynamic equicorrelations in cryptocurrency market	33
Does Corporate Social Responsibility reporting improve financial performance? The moderating role of board diversity and gender composition	33
On the higher-order moment interdependence of stock and commodity markets: A wavelet coherence analysis	32

Covid-19 and monetary–fiscal policy interactions in Canada	30
The differential influence of social media sentiment on cryptocurrency returns and volatility during COVID-19	29
Are Cryptocurrencies and African stock markets integrated?	28
Bank liquidity creation: Does ownership structure matter?	27
Dynamic integration and transmission channels among interest rates and oil price shocks	27
Time-frequency dependencies of financial and economic risks in South American countries	26
Tail dependence risk and spillovers between oil and food prices	26
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	24
The financial literacy gender gap and the role of culture	24
Exchange rate pass-through: A comparative analysis of inflation targeting & non-targeting ASEAN-5 countries	23
Exploring asymmetries in the effects of El Niño-Southern Oscillation on U.S. food and agricultural stock prices	23
How do market power and industry competition influence the effect of corporate governance on earnings management?	22
Fed’s unconventional monetary policy and risk spillover in the US financial markets	22
Do oil and gas prices influence economic policy uncertainty differently: Multi-country evidence using time-frequency approach	22
Top management inside debt and corporate social responsibility? Evidence from the US	21
Extreme risk spillovers among traditional financial and FinTech institutions: A complex network perspective	21
Trade credit, cash holdings, and product market competition	21
What’s holding back blockchain finance? On the possibility of decentralized autonomous finance	20
Fluctuation in the global oil market, stock market volatility, and economic policy uncertainty: A study of the US and China	20
Credit ratings and predictability of stock return dynamics of the BRICS and the PIIGS: Evidence from a nonparametric causality-in-quantiles approach	20
Do co-opted directors influence corporate risk-taking and credit ratings?	20
Microfinance institutions, banking, growth and transmission channel: A GMM panel data analysis from developing countries	19
ECB language and stock returns – A textual analysis of ECB press conferences	19
Do labor remittance outflows retard economic growth in Qatar? Evidence from nonlinear cointegration	19
Do news sentiment and the economic uncertainty caused by public health events impact macroeconomic indicators? Evidence from a TVP-VAR decomposition approach	19
Volatility spillover between exchange rate and stock returns under volatility shifts	18
The Fama-French five-factor model and emerging market equity returns	18
Bank profitability and economic growth	18
Drivers of Turkish inflation	18
Do asymmetric information and leverage affect investment decisions?	17
Economic convergence among the world’s top-income economies	17
How does carbon regulatory policy affect debt financing costs? Empirical evidence from China	17
Does infrastructure stimulate total factor productivity? A dynamic heterogeneous panel analysis for Indian manufacturing industries	17
Does happiness forecast implied volatility? Evidence from nonparametric wave-based Granger causality testing	17
Analysis of connectivity between the world’s banking markets: The COVID-19 global pandemic shock	16
Competition, cost efficiency and stability of banks in the MENA region	16
Do markets value ESG risks in sovereign credit curves?	16
Cryptocurrency in context of fiat money functions	16
Volatility spillovers and other dynamics between cryptocurrencies and the energy and bond markets	16
Energy based estimation of the shadow economy: The role of governance quality	16
Investors' sentiments and the dynamic connectedness between cryptocurrency and precious metals markets	15
Is the shadow economy procyclical or countercyclical over the business cycle? International evidence	15
Insurance and geopolitical risk: Fresh empirical evidence	15
Another look at calendar anomalies	15
Do conventional currencies hedge cryptocurrencies?	15
Conditional correlation between exchange rates and stock prices	15
Effect of poverty on financial development: Does trade openness matter?	14
US quantitative easing and firm’s default risk: The role of Corporate Social Responsibility (CSR)	14
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	14
Cash, crime, and cryptocurrencies	14

Self-attribution bias and overconfidence among nonprofessional traders	14
Family control, external governance mechanisms, and dividend payouts	14
Bank profitability under uncertainty	14
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	13
Financial stability and monetary policy reaction: Evidence from the GCC countries	13
Does the yield curve signal recessions? New evidence from an international panel data analysis	13
The trade credit channel and monetary policy transmission: Empirical evidence from U.S. panel data	13
Competition, securitization, and efficiency in US banks	13
Directional predictability and time-frequency spillovers among clean energy sectors and oil price uncertainty	13
Examining the effects of news and media sentiments on volatility and correlation: Evidence from the UK	12
Cross hedging with stock index futures	12
Quantile causality between banking stock and real estate securities returns in the US	12
Interest rate and the social performance of microfinance institutions	12
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	12
The sum of all SCARES COVID-19 sentiment and asset return	11
Global and local banking crises and risk-adjusted efficiency of Indian banks: Are the impacts really perspective-dependent?	11
Inflation persistence in Turkey: A TVP-estimation approach	11
Revisiting the accuracy of standard VaR methods for risk assessment: Using the Copula–EVT multidimensional approach for stock markets in the MENA region	11
Momentum, asymmetric volatility and idiosyncratic risk-momentum relation: Does technology-sector matter?	11
Households' investments in socially responsible mutual funds	10
Political risk and financial flexibility in BRICS countries	10
Unconventional monetary policies and the macroeconomy: The impact of the UK's QE2 and funding for lending scheme	10
The clinical and economic value of a successful shutdown during the SARS-CoV-2 pandemic in Germany	10
Impact of internet use on value and diversity of risky financial asset portfolios	10
Why did inflation targeting fail in Argentina?	10
Autoregressive Distributed Lag (ARDL) analysis of U.S.-China commodity trade dynamics	10
The asymmetric impact of oil price shocks on China stock market: Evidence from quantile-on-quantile regression	10
Oil price dynamics and fiscal policy cyclicality in Saudi Arabia: New evidence from partial and multiple wavelet coherences	10
Prospect theory and narrow framing bias: Evidence from emerging markets	10
On the link between the shadow economy and stock market development: An asymmetry analysis	10
The study of the shadow economy in modern conditions: Theory, methodology, practice	10
Culture, intellectual property rights, and technology adoption	10
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	9
Analyzing the risks of an illiquid and global asset: The case of fine wine	9
The role of investor behavior in emerging stock markets: Evidence from Vietnam	9
Heterogeneous effects of foreign exchange appreciation on industrial output: Evidence from disaggregated manufacturing data	9
Further evidence on long-run abnormal returns after corporate events	9
An empirical comparison between a regression framework and the Synthetic Control Method	9
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	9
Do foreign investors deter corporate fraud? Evidence from China	9
The price and cost of bitcoin	9
“Theoretical Model on CEO Overconfidence Impact on Corporate Investments”	9
Gender diversity on corporate boards: Evaluating the effectiveness of shareholder activism	9
The drivers of the financial integration of microfinance Institutions: Do financial development, agency costs and microfinance performance matter?	9
Bullish and Bearish Engulfing Japanese Candlestick patterns: A statistical analysis on the S&P 500 index	9
Easing economic vulnerability: Multidimensional evidence of financial development	9
Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries	9
Capital expenditures, corporate hedging and firm value	9
When and why do stock and bond markets predict US economic growth?	9
Political connections, investment inefficiency, and the Indian banking crisis	9
Can high trading volume and volatility switch boost momentum to show greater inefficiency and avoid crashes in emerging markets? The economic relationship in factor investing in emerging markets	8
Do words affect expectations? The effect of central banks communication on consumer inflation expectations	8
Trading leveraged Exchange-Traded products is hazardous to your wealth	8
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	8
Investigating the spillovers between energy, food, and agricultural commodity markets: New insights from the quantile coherency approach	8
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	8
Causal nexus between crude oil and US corporate bonds	8
Capacity utilization in emerging economy firms: Some new insights related to the role of infrastructure and institutions	8
Armageddon and the stock market: US, Canadian and Mexican market responses to the 1962 Cuban Missile Crisis	8
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	8
Segmentation, business environment and global informational efficiency of emerging financial markets	8
Impacts of the sovereign risk perception on financial stability: Evidence from Brazil	8
Covid-19 impact on Cryptocurrencies market using Multivariate Time Series Models	8
Oil shocks and investor attention	8
Features of overreactions in the cryptocurrency market	8
Dynamic connectedness between the U.S. financial market and Euro-Asian financial markets: Testing transmission of uncertainty through spatial regressions models	8
Drivers of genuine FDI inflows in advanced economies	8
Nominal GDP targeting, real economic activity and inflation stabilization in a new Keynesian framework	8
Structural vector error correction modelling of Bitcoin price	8
Measuring enterprise risk management implementation: A multifaceted approach for the banking sector	8
Discretionary fiscal policy, fiscal credibility and inflation risk premium	8
The impact of employee relations on the reputation of the board of directors and CEO	7
A pairs trading strategy based on mixed copulas	7
Bank stocks inform higher growth—A System GMM analysis of ten emerging markets in Asia	7
Are impact and financial returns mutually exclusive? Evidence from publicly-listed impact investments	7
An empirical nexus between exchange rate and China's outward foreign direct investment: Implications for Pakistan under the China Pakistan economic corridor project	7
Natural gas price, market fundamentals and hedging effectiveness	7
Frequency connectedness between DeFi and cryptocurrency markets	7
Framing and the disposition effect in a scopic regime	7
Detecting periodically collapsing bubbles in the S&P 500	7

Global policy uncertainty and cross-border acquisitions	7
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	7
Capital regulation, market power and bank risk-taking in the MENA region: New evidence for Islamic and conventional banks	7
The Impact of COVID-19 pandemic on Islamic and conventional financial markets: International empirical evidence	7
Political risk and financial development in Nigeria: Can credit buy social peace?	7
Housing price dynamics: The impact of stock market sentiment and the spillover effect	7
Foreign exchange market efficiency and the global financial crisis: Fundamental versus technical information	7
Financial contagion in the futures markets amidst global geo-economic events	7
Bank response to policy-related changes in capital requirements	7
Risk allocation through securitization: Evidence from non-performing loans	7
Okun's law: Copula-based evidence from G7 countries	7
Testing the forecasting power of global economic conditions for the volatility of international REITs using a GARCH-MIDAS approach	7
Climate disasters, carbon dioxide, and financial fundamentals	6
Central bank independence and the Federal Reserve's new operating regime	6
Asymmetric nexus between economic policy uncertainty and the Indian stock market: Evidence using NARDL approach	6
The economic effects of fiscal policy: Further evidence for Spain	6
Independent directors’ dissensions and firm value	6
Do financial technology and financial development lessen shadow economy? Evidence from BRICST economies using heterogenous bootstrap panel causality	6
A generalised seasonality test and applications for cryptocurrency and stock market seasonality	6
Asymmetric effects of oil price shocks on the demand for money in Algeria	6
Economic policy uncertainty and bank stability: Size, capital, and liquidity matter	6
Dynamic impact of the U.S. monetary policy on oil market returns and volatility	6
Using multivariate stochastic dominance to enhance portfolio selection and warn of financial crises	6
Total productivity and cost efficiency dynamics of US merging banks: A non-parametric bootstrapped analysis of the fifth merger wave	6
Banking competition, convergence and growth across macro-regions of MENA	6
The effect of the disposal of non-performing loans on interbank liquidity risk in China: A cash flow network-based analysis	6
Corporate debt and cash decisions: A nonlinear panel data analysis	6
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	6
Investment in financial literacy and financial advice-seeking: Substitutes or complements?	6
On the effect of full-fledged IT adoption on stock returns and their conditional volatility: Evidence from propensity score matching	6
The Bitcoin: to be or not to be a Real Currency?	6
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	6
Education and financial literacy: Evidence from compulsory schooling law in China	6
Predicting stock returns from the pricing and mispricing of accounting fundamentals	6
Regulation, welfare, and the risk of asset stranding	6
Uncertainty in long-term macroeconomic forecasts: Ex post evaluation of forecasts by economics researchers	5
Investor horizon and managerial short-termism	5
Export agglomeration economies in Sub-Saharan Africa manufacturing and service sectors	5
Empirical evidence of the lending channel of monetary policy under negative interest rates	5
The relationship between monetary policy and uncertainty in advanced economies: Evidence from time- and frequency-domains	5
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	5
Uncertainty matters in US financial information spillovers: Evidence from a directed acyclic graph approach	5
Joint analysis of the non-linear debt-growth nexus and capital account liberalization: New evidence from sub-Saharan region	5
Discernible differences in the building façades, but not in the productivity numbers: A comparison between domestic and foreign banks in North Africa	5
Doubts on natural rate of unemployment: Evidence and policy implications	5
Who needs cash? Digital finance and income inequality	5
Trust-formation processes in financial advisors: A structural equation model	5
Does inflation targeting weaken financial stability? Assessing the role of institutional quality	5
The Effect of Bilateral Investment Treaties (BITs) on the extensive and intensive margins of exports	5
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	5
Time-varying dependence of Bitcoin	5
Commodity money, free banking, and nominal income targeting: Lessons for monetary policy reform	5
Outliers and momentum in the corporate bond market	5
FoMO in the Bitcoin market: Revisiting and factors	5
Window dressing in equity mutual funds	5
Gold, silver, and the US dollar as harbingers of financial calm and distress	5
Share pledge transactions as an investor sentiment indicator - Evidence from China	5
A new approach to portfolio management in the Brazilian equity market: Does assets efficiency level improve performance?	5
The Effects of Government Spending Over the Business Cycle: A Disaggregated Analysis for OECD and Non-OECD Countries	5
Okun's law in the US: New insights in time and frequency	5
Investment network and stock’s systemic risk contribution: Evidence from China	5
Agriculture and inflation: Expected and unexpected shocks	5
Parameter behavioral finance model of investor groups based on statistical approaches	5
The impact of financial development on innovation-based exports: Do all firms benefit equally?	5
The implications of liquidity ratios: Evidence from Pakistan stock exchange limited	5
Uncertainty and gender inequality: A global investigation	5
Why must it always be so Real with tax evasion?	5
Uncertainty and daily predictability of housing returns and volatility of the United States: Evidence from a higher-order nonparametric causality-in-quantiles test	5
COVID-19 and information flow between cryptocurrencies, and conventional financial assets	5
Stock earnings and bond yields in the US 1871–2017: The story of a changing relationship	4
Banking regulation and banks’ risk-taking behavior: The role of investors’ protection	4
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	4
Do we really need heterogeneous agent models?	4
Venture capital and corporate financialization: Evidence from China	4
Effects of a development bank on the profitability of commercial banks: Evidence for Brazil	4
High-frequency trading, stock volatility, and intraday crashes	4
An extended regularized Kalman filter based on Genetic Algorithm: Application to dynamic asset pricing models	4
Absolute intragenerational income mobility in Iran	4
Excess cash holdings and firm performance in new and old economy firms	4
An examination of the NYSE’s retail liquidity program	4
Dynamic inflation hedging performance and downside risk: A comparison between Islamic and conventional stock indices	4
News-based economic policy uncertainty and financial contagion: An international evidence	4
The effects of countercyclical leverage buffers on macroeconomic and financial stability	4
Does inter-region portfolio diversification pay more than the international diversification?	4
Shades of social mobility: Colorism, ethnic origin and intergenerational social mobility	4
Speculative trading in Bitcoin: A Brazilian market evidence	4
A century and a half of the monetary base-stock market relationship	4
Oil, gold and international stock markets: Extreme spillovers, connectedness and its determinants	4
Political influence and banking performance: Evidence from the African countries	4
Banks' off-balance sheet manipulations	4
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	4
Price bubbles in commodity market – A single time series and panel data analysis	3
Does environmental information disclosure promote or prohibit financialization of non-financial firms? Evidence from China	3
Do environmental courts break collusion in environmental governance? Evidence from corporate green innovation in China	3
Irregularities in forward-looking volatility	3