Quarterly Review of Economics and Finance

Article	Citations
Bitcoin, gold, and commodities as safe havens for stocks: New insight through wavelet analysis	280
EMU risk-synchronisation and financial fragility through the prism of dynamic connectedness	109
Hedge and safe haven properties during COVID-19: Evidence from Bitcoin and gold	104
Geopolitical risk and volatility spillovers in oil and stock markets	102
Impact of Covid-19 on corporate solvency and possible policy responses in the EU	94
Fractal dynamics and wavelet analysis: Deep volatility and return properties of Bitcoin, Ethereum and Ripple	69
Do Bitcoin and other cryptocurrencies jump together?	68
Panel vector autoregression in R with the package panelvar	64
Access to finance – Mind the gender gap	58
Effects of economic policy uncertainty shocks on the interdependence between Bitcoin and traditional financial markets	52
Financial development curse in resource-rich countries: The role of commodity price shocks	49
The COVID-19 pandemic and stock liquidity: Evidence from S&P 500	47
Volatility and return spillovers between stock markets and cryptocurrencies	42
Macroeconomic variables and stock market indices: Asymmetric dynamics in the US and Canada	40
Loan loss provisions and audit quality: Evidence from MENA Islamic and conventional banks	40
Spillovers in Higher-Order Moments of Crude Oil, Gold, and Bitcoin	40
When, where, and how economic policy uncertainty predicts Bitcoin returns and volatility? A quantiles-based analysis	39
Is bitcoin money? And what that means	39
Financial inclusion, bank market structure, and financial stability: International evidence	38
COVID-19 pandemic and the safe haven property of Bitcoin	37
Implied volatility indices – A review	37
Asymmetric volatility structure of equity returns: Evidence from an emerging market	35
Bank diversification and systemic risk	34
Long and short-term impacts of regulation in the cryptocurrency market	33
Economic policy uncertainty and industry innovation: Cross country evidence	32

Crude oil and stock markets in the COVID-19 crisis: Evidence from oil exporters and importers	31
Corruption, agency costs and dividend policy: International evidence	30
Dynamic dependence and causality between crude oil, green bonds, commodities, geopolitical risks, and policy uncertainty	29
On the dynamic equicorrelations in cryptocurrency market	28
The impact of corporate strategy on capital structure: evidence from Italian listed firms	26
Spillovers and connectedness in foreign exchange markets: The role of trade policy uncertainty	25
Correlations and volatility spillovers between China and Southeast Asian stock markets	25
Covid-19 and monetary–fiscal policy interactions in Canada	24
The asymmetric relationship between the oil price and the US-Canada exchange rate	24
Tail dependence risk and spillovers between oil and food prices	24
Constructing a composite financial inclusion index for developing economies	24
Foreign aid, institutional quality and government fiscal behavior in emerging economies: An empirical investigation	24
Time-frequency dependencies of financial and economic risks in South American countries	22
Quantitative easing in the Euro Area – An event study approach	22
Does Corporate Social Responsibility reporting improve financial performance? The moderating role of board diversity and gender composition	22
Bank liquidity creation: Does ownership structure matter?	21
On the higher-order moment interdependence of stock and commodity markets: A wavelet coherence analysis	21
Are Cryptocurrencies and African stock markets integrated?	21
Dynamic integration and transmission channels among interest rates and oil price shocks	20
Remittances, real exchange rate and the Dutch disease in Asian developing countries	20
Do oil and gas prices influence economic policy uncertainty differently: Multi-country evidence using time-frequency approach	19
Exchange rate pass-through: A comparative analysis of inflation targeting & non-targeting ASEAN-5 countries	19
Exploring asymmetries in the effects of El Niño-Southern Oscillation on U.S. food and agricultural stock prices	19
Fed’s unconventional monetary policy and risk spillover in the US financial markets	19
The financial literacy gender gap and the role of culture	18
Credit ratings and predictability of stock return dynamics of the BRICS and the PIIGS: Evidence from a nonparametric causality-in-quantiles approach	18
Top management inside debt and corporate social responsibility? Evidence from the US	18
Do news sentiment and the economic uncertainty caused by public health events impact macroeconomic indicators? Evidence from a TVP-VAR decomposition approach	17
Microfinance institutions, banking, growth and transmission channel: A GMM panel data analysis from developing countries	16
Forecasting equity premium in a panel of OECD countries: The role of economic policy uncertainty	16
ECB language and stock returns – A textual analysis of ECB press conferences	16
Trade credit, cash holdings, and product market competition	16
The Fama-French five-factor model and emerging market equity returns	16
Fluctuation in the global oil market, stock market volatility, and economic policy uncertainty: A study of the US and China	16
Does happiness forecast implied volatility? Evidence from nonparametric wave-based Granger causality testing	16
How do market power and industry competition influence the effect of corporate governance on earnings management?	16
Volatility spillover between exchange rate and stock returns under volatility shifts	15
Energy based estimation of the shadow economy: The role of governance quality	15
Competition, cost efficiency and stability of banks in the MENA region	15
The differential influence of social media sentiment on cryptocurrency returns and volatility during COVID-19	15
The drivers of Bitcoin trading volume in selected emerging countries	15
Is the shadow economy procyclical or countercyclical over the business cycle? International evidence	15
Do co-opted directors influence corporate risk-taking and credit ratings?	15
Economic convergence among the world’s top-income economies	15
What’s holding back blockchain finance? On the possibility of decentralized autonomous finance	15
Analysis of connectivity between the world’s banking markets: The COVID-19 global pandemic shock	14
Conditional correlation between exchange rates and stock prices	14
Do conventional currencies hedge cryptocurrencies?	14
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	14
Cryptocurrency in context of fiat money functions	14

Effect of poverty on financial development: Does trade openness matter?	13
Does infrastructure stimulate total factor productivity? A dynamic heterogeneous panel analysis for Indian manufacturing industries	13
Bank profitability and economic growth	13
Extreme risk spillovers among traditional financial and FinTech institutions: A complex network perspective	13
Self-attribution bias and overconfidence among nonprofessional traders	13
Do labor remittance outflows retard economic growth in Qatar? Evidence from nonlinear cointegration	13
The trade credit channel and monetary policy transmission: Empirical evidence from U.S. panel data	13
Financial vulnerability, fiscal procyclicality and inflation targeting in developing commodity exporting economies	12
Dynamics of the global fine art market prices	12
Size-threshold effect in debt-firm performance nexus in the sub-Saharan region: A Panel Smooth Transition Regression approach	12
Insurance and geopolitical risk: Fresh empirical evidence	12
Cash, crime, and cryptocurrencies	12
US quantitative easing and firm’s default risk: The role of Corporate Social Responsibility (CSR)	12
The origin, ownership and use of cash flows in leveraged buyouts	11
Is too much liquidity harmful to economic growth?	11
Liquidity risk in the Saudi banking system: Is there any Islamic banking specificity?	11
Family control, external governance mechanisms, and dividend payouts	11
Measuring co-dependencies of economic policy uncertainty in Latin American countries using vine copulas	11
Quantile causality between banking stock and real estate securities returns in the US	11
Another look at calendar anomalies	11
Unconventional monetary policies and the macroeconomy: The impact of the UK's QE2 and funding for lending scheme	11
The clinical and economic value of a successful shutdown during the SARS-CoV-2 pandemic in Germany	11
Drivers of Turkish inflation	11
Time-varying linkages among gold, stocks, bonds and real estate	11
Do asymmetric information and leverage affect investment decisions?	11
Impact of US policy uncertainty on Mexico: Evidence from linear and nonlinear tests	11
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	10
Autoregressive Distributed Lag (ARDL) analysis of U.S.-China commodity trade dynamics	10
Does the CEO elite education affect firm hedging policies?	10
Financial stability and monetary policy reaction: Evidence from the GCC countries	10
How does carbon regulatory policy affect debt financing costs? Empirical evidence from China	10
The sum of all SCARES COVID-19 sentiment and asset return	10
Oil price dynamics and fiscal policy cyclicality in Saudi Arabia: New evidence from partial and multiple wavelet coherences	10
Directional predictability and time-frequency spillovers among clean energy sectors and oil price uncertainty	10
The study of the shadow economy in modern conditions: Theory, methodology, practice	10
Investors' sentiments and the dynamic connectedness between cryptocurrency and precious metals markets	10
Bank profitability under uncertainty	10
Do markets value ESG risks in sovereign credit curves?	9
Heterogeneous effects of foreign exchange appreciation on industrial output: Evidence from disaggregated manufacturing data	9
Why did inflation targeting fail in Argentina?	9
Examining the effects of news and media sentiments on volatility and correlation: Evidence from the UK	9
Global and local banking crises and risk-adjusted efficiency of Indian banks: Are the impacts really perspective-dependent?	9
Analyzing the risks of an illiquid and global asset: The case of fine wine	9
Momentum, asymmetric volatility and idiosyncratic risk-momentum relation: Does technology-sector matter?	9
An empirical comparison between a regression framework and the Synthetic Control Method	9
The determinants of capital ratios in Islamic banking	8
When and why do stock and bond markets predict US economic growth?	8
Revisiting the accuracy of standard VaR methods for risk assessment: Using the Copula–EVT multidimensional approach for stock markets in the MENA region	8
On the link between the shadow economy and stock market development: An asymmetry analysis	8
Segmentation, business environment and global informational efficiency of emerging financial markets	8
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	8
Inflation persistence in Turkey: A TVP-estimation approach	8
Persistence, non-linearities and structural breaks in European stock market indices	8
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
Interest rate and the social performance of microfinance institutions	8
Nominal GDP targeting, real economic activity and inflation stabilization in a new Keynesian framework	8
The price and cost of bitcoin	8
Causal nexus between crude oil and US corporate bonds	8
The asymmetric impact of oil price shocks on China stock market: Evidence from quantile-on-quantile regression	8
Are NPL-backed securities an investment opportunity?	8
Armageddon and the stock market: US, Canadian and Mexican market responses to the 1962 Cuban Missile Crisis	8
Prospect theory and narrow framing bias: Evidence from emerging markets	8
How informative are variance risk premium and implied volatility for Value-at-Risk prediction? International evidence	8
Structural vector error correction modelling of Bitcoin price	8
“Theoretical Model on CEO Overconfidence Impact on Corporate Investments”	8
Culture, intellectual property rights, and technology adoption	8
Natural gas price, market fundamentals and hedging effectiveness	7
Does the yield curve signal recessions? New evidence from an international panel data analysis	7
Housing price dynamics: The impact of stock market sentiment and the spillover effect	7
An evaluation of Chinese securities investment fund performance	7
Impact of internet use on value and diversity of risky financial asset portfolios	7
Further evidence on long-run abnormal returns after corporate events	7
Bullish and Bearish Engulfing Japanese Candlestick patterns: A statistical analysis on the S&P 500 index	7
Easing economic vulnerability: Multidimensional evidence of financial development	7
Financial institutions, asymmetric information and capital structure adjustments	7
Analysis of the five-factor asset pricing model with wavelet multiscaling approach	7
Reliable factors of Capital structure: Stability selection approach	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
Competition, securitization, and efficiency in US banks	7
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	7

Trading leveraged Exchange-Traded products is hazardous to your wealth	7
Political risk and financial flexibility in BRICS countries	7
Are impact and financial returns mutually exclusive? Evidence from publicly-listed impact investments	7
Do external quality certifications improve firms’ conduct? International evidence from manufacturing and service industries	7
Cross hedging with stock index futures	7
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	6
Covid-19 impact on Cryptocurrencies market using Multivariate Time Series Models	6
Capital expenditures, corporate hedging and firm value	6
On the effect of full-fledged IT adoption on stock returns and their conditional volatility: Evidence from propensity score matching	6
Gender diversity on corporate boards: Evaluating the effectiveness of shareholder activism	6
Drivers of genuine FDI inflows in advanced economies	6
Investors and dividend yields	6
Volatility spillovers and other dynamics between cryptocurrencies and the energy and bond markets	6
Bank response to policy-related changes in capital requirements	6
Predicting stock returns from the pricing and mispricing of accounting fundamentals	6
Central bank independence and the Federal Reserve's new operating regime	6
Climate disasters, carbon dioxide, and financial fundamentals	6
Bank stocks inform higher growth—A System GMM analysis of ten emerging markets in Asia	6
Fiscal credibility, target revisions and disagreement in expectations about fiscal results	6
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	6
Total productivity and cost efficiency dynamics of US merging banks: A non-parametric bootstrapped analysis of the fifth merger wave	6
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	6
Does short selling affect the clustering of stock prices?	6
Investigating the spillovers between energy, food, and agricultural commodity markets: New insights from the quantile coherency approach	6
Regulation, welfare, and the risk of asset stranding	6
Foreign exchange market efficiency and the global financial crisis: Fundamental versus technical information	6
Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries	6
Share repurchases and wealth transfer among shareholders	6
Using multivariate stochastic dominance to enhance portfolio selection and warn of financial crises	6
Cross-border spillovers of macroprudential policy in the Euro area	6
Political connections, investment inefficiency, and the Indian banking crisis	6
Political risk and financial development in Nigeria: Can credit buy social peace?	6
The drivers of the financial integration of microfinance Institutions: Do financial development, agency costs and microfinance performance matter?	6
The impact of employee relations on the reputation of the board of directors and CEO	6
Trust-formation processes in financial advisors: A structural equation model	5
The role of investor behavior in emerging stock markets: Evidence from Vietnam	5
Stress testing household balance sheets in Luxembourg	5
Discretionary fiscal policy, fiscal credibility and inflation risk premium	5
Earnings management under different ownership and corporate governance structure: A natural experiment with master limited partnerships	5
Independent directors’ dissensions and firm value	5
Window dressing in equity mutual funds	5
Risk allocation through securitization: Evidence from non-performing loans	5
Gold, silver, and the US dollar as harbingers of financial calm and distress	5
The Effects of Government Spending Over the Business Cycle: A Disaggregated Analysis for OECD and Non-OECD Countries	5
Price stabilization, short selling, and IPO secondary market liquidity	5
Measuring enterprise risk management implementation: A multifaceted approach for the banking sector	5
Okun's law in the US: New insights in time and frequency	5
Features of overreactions in the cryptocurrency market	5
The value premium puzzle, behavior versus risk: New evidence from China	5
The Bitcoin: to be or not to be a Real Currency?	5
The valuation of deposit insurance allowing for the interest rate spread and early-bankruptcy risk	5
Why must it always be so Real with tax evasion?	5
The Impact of COVID-19 pandemic on Islamic and conventional financial markets: International empirical evidence	5
Testing the forecasting power of global economic conditions for the volatility of international REITs using a GARCH-MIDAS approach	5
A new approach to portfolio management in the Brazilian equity market: Does assets efficiency level improve performance?	5
Exploring economic anomalies in the S&P500 index	5
Investment in financial literacy and financial advice-seeking: Substitutes or complements?	5
Empirical evidence of the lending channel of monetary policy under negative interest rates	5
Global policy uncertainty and cross-border acquisitions	5
Households' investments in socially responsible mutual funds	5
Privatization and state ownership of natural advantage industries	5
Do words affect expectations? The effect of central banks communication on consumer inflation expectations	5
Does sub-Saharan Africa overinvest? Evidence from a panel of non-financial firms	5
Discernible differences in the building façades, but not in the productivity numbers: A comparison between domestic and foreign banks in North Africa	5
Frequency connectedness between DeFi and cryptocurrency markets	5
Impacts of the sovereign risk perception on financial stability: Evidence from Brazil	5
Feedback trading strategies and long-term volatility	4
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	4
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	4
Dynamic impact of the U.S. monetary policy on oil market returns and volatility	4
Oil shocks and investor attention	4
Parameter behavioral finance model of investor groups based on statistical approaches	4
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	4
The implications of liquidity ratios: Evidence from Pakistan stock exchange limited	4
Share pledge transactions as an investor sentiment indicator - Evidence from China	4
Framing and the disposition effect in a scopic regime	4
Investor horizon and managerial short-termism	4
The empirical properties of euro area M3, 1980-2017	4
Export agglomeration economies in Sub-Saharan Africa manufacturing and service sectors	4
Time-varying dependence of Bitcoin	4
The relationship between monetary policy and uncertainty in advanced economies: Evidence from time- and frequency-domains	4
Banks' off-balance sheet manipulations	4
Dynamic connectedness between the U.S. financial market and Euro-Asian financial markets: Testing transmission of uncertainty through spatial regressions models	4
Speculative trading in Bitcoin: A Brazilian market evidence	4
Corporate debt and cash decisions: A nonlinear panel data analysis	4
Does inflation targeting weaken financial stability? Assessing the role of institutional quality	4
The Effect of Bilateral Investment Treaties (BITs) on the extensive and intensive margins of exports	4
Detecting periodically collapsing bubbles in the S&P 500	4
Commodity money, free banking, and nominal income targeting: Lessons for monetary policy reform	4
Political influence and banking performance: Evidence from the African countries	4
Capacity utilization in emerging economy firms: Some new insights related to the role of infrastructure and institutions	4
Financial contagion in the futures markets amidst global geo-economic events	4
Capital regulation, market power and bank risk-taking in the MENA region: New evidence for Islamic and conventional banks	4
Uncertainty and daily predictability of housing returns and volatility of the United States: Evidence from a higher-order nonparametric causality-in-quantiles test	4
A generalised seasonality test and applications for cryptocurrency and stock market seasonality	4