Quarterly Review of Economics and Finance

Article	Citations
Irregularities in forward-looking volatility	105
Trading strategies and the frequency of time-series	104
Rigidity in public contracts: Implications for renewal dynamics	97
ESG rating, rating divergence and investment efficiency: International evidence	74
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	72
Hedging extreme risks in US stocks caused by the shortage of US dollar liquidity: Evidence from the COVID-19 outbreak	53
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	51
Readability of asset securitization reporting and bank holding company’s credit risk	47
FoMO in the Bitcoin market: Revisiting and factors	47
Are safe-haven assets really safe? Heterogeneity under economic, political and climate risks	44
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	44
The capital ratio and the interest rate spread: A panel threshold regression approach	42
The effect of financial distress on capital structure: The case of Brazilian banks	41
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	41
Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	40
Examining the impact of natural gas price volatility on Euro zone inflation expectations	40
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	40
Managerial risk aversion and corporate risk-taking	38
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	38
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	37
News-based economic policy uncertainty and financial contagion: An international evidence	37
Quality differentiation and optimal pricing strategy in multi-sided markets	35
The sustainability factor in asset pricing: Empirical evidence from the Indian market	34
The positive impact of investment subsidies on the economy with present-biased consumers	33
Risk assessment of equity-based conventional and islamic stock portfolios	33

Moderating role of ESG disclosures and its impact on firm financial performance	32
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	31
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	30
The equity premium and the disconnect between uncertainty and volatility: A global perspective	28
Editorial Board	26
Optimal taxation, minimum wage constraint in a model of capital-skill complementarity	26
Systemic importance of Chinese financial institutions based on the QC-ISAM-ARMA temporal network with coupling	25
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	25
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	25
The decline in stock exchange listed firms	25
Applications of fixed effect models to managerial risk-taking incentives	24
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	24
Trade liberalization, destination-specific export expansion and product quality upgrading: New evidence from export quota removal of textile and clothing industries in China	23
(De)Centralized Debt Financing and Project Selection under imperfect Bank Competition	22
Moderating effect of credit growth for financial development on economic growth: Considering banking crises and endogeneity	22
Sentiment, uncertainty, and bond return predictability	22
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	21
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	21
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	21
Signaling through tests	20
The forward premium anomaly and the currency carry trade hypothesis	20
Tax clientele and share repurchase execution	19
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	19
Editorial Board	19
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	18
Do influencers pay? Evidence from the Internet celebrity economy in China	18
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	18
Does profitability explain the low-risk anomaly in India?	18
A new measure of fund window dressing and its application to Chinese mutual fund market	18
Asymmetric effects of oil price shocks on the demand for money in Algeria	18
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	17
The sum of all SCARES COVID-19 sentiment and asset return	17
Capital requirements and banks’ behavior: Evidence from bank stress tests	17
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	17
Social pension insurance and household risky asset investment: Evidence from China	17
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	17
Executive and non-executive employee ownership and bank risk: Evidence from European banks	16
Bank geographic diversification and market competition	16
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	16
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	16
Forecasting intraday volatility and densities using deep learning	16
Corporate diversification, financial flexibility and firm performance during the Covid-19 pandemic	16
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	16
Editorial Board	15
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	15
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	15
Are dividend changes exploited in the equity market?	15
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	15
Shaken, stirred and indebted: Firm-level effects of earthquakes	14
Trading activity and fund performance - Evidence from corporate bond mutual funds	14

Does monetary policy favor the skilled? − Distributional role of monetary policy	14
Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	14
Predicting abnormal capital flow episodes with machine learning methods	14
Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	14
The effect of the evergrande bankruptcy on Chinese real estate listed firms	13
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	13
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	13
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	13
Party direct control and corporate fraud: Evidence from China	13
Family ties and firm performance empirical evidence from East Asia	12
Do emerging stock markets offer an illiquidity premium for local or global investors?	12
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	12
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	12
Short- and long-term effects of ESG pillars on credit risk	12
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	12
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	12
Price of greenness: Classifications and green bond premiums	12
Who needs cash? Digital finance and income inequality	12
Robbing a robber is not robbing	12
Recessions and flattening of the yield curve (1960–2021): A two-way road under a regime switching approach	12
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	11
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	11
The bank lending channel of monetary policy transmission in South Africa	11
Optimal inflation rate and fair wage	11
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	11
How does credit information sharing shape bank loans?	11
Asset redeployability and dividend payout policy	11
Financial inclusion and income distribution revisited: New findings	11
Uncertainty and gender inequality: A global investigation	11
Information disclosure and bidding structure: Evidence from the London bus market	11
Persistence and long run co-movements across stock market prices	11
Decomposing the yield curve with linear regressions and survey information	11
Duration of membership in the world trade organization and investment-oriented remittances inflows	11
Forecasting intraday risk incorporating the higher-order moments	11
The role of international currency spillovers in shaping exchange rate dynamics in Latin America	10
Political connections, investment inefficiency, and the Indian banking crisis	10
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	10
Narrow stablecoins: Redemption, runs, and risk	10
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	10
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	10
On the benefits of active stock selection strategies for diversified investors	10
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	10
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	10
Customer concentration, managerial risk aversion, and hostile takeover threats	10
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	10
Democratic governance and equity valuations	9
Competition, ratings shopping, and yield spread: Evidence from China’s enterprise bond market	9
Green bonds: A demographic study of Retail Investors in India	9
Pathways to self-sufficiency in the microfinance ecosystem	9
Import penetration and workplace safety	9
Markowitz portfolios under transaction costs	9
The transmission of targeted monetary policy to bank credit supply	9
When are busy boards beneficial?	9
Make or buy for public services: Culture matters for efficiency considerations	9
The effects of countercyclical leverage buffers on macroeconomic and financial stability	9
The asymmetric impact of oil price shocks on China stock market: Evidence from quantile-on-quantile regression	8
Asymmetry in inflation persistence under inflation targeting	8
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	8
Dynamic dependence and causality between crude oil, green bonds, commodities, geopolitical risks, and policy uncertainty	8
Energy-related uncertainty and international stock market volatility	8
Seasonal patterns of earnings releases and post-earnings announcement drift	8
Money demand function with time-varying coefficients	8
Does AI contribute to systemic risk reduction in non-financial corporations?	8
Customer concentration, managerial risk aversion, and independent directors: A quasi-natural experiment	8
Time-varying dependence of Bitcoin	8
Sentiment-return relation and stock price synchronicity: Firm-level versus market-level sentiment	8
Does CEO general managerial ability matter in M&A voting?	8
Oil shocks and investor attention	7
Natural disasters and bank liquidity creation in Sub-Saharan African countries: Evidence from banks panel data	7
The role of the central bank in managing expectations, backing up public debt, and controlling public deficits	7
The macroeconomic stabilisation and welfare implications of alternative strategic and fiscal regimes in a monetary union	7
Informality, rule-of-thumb consumers, and the effectiveness of monetary policy in emerging economies	7
Housing purchase restriction and corporate employment: Evidence from China	6
Banking efficiency, ownership types, and operations: A quasi-natural experiment of conventional and Islamic banks	6
Exchange rate driven balance sheet effect and capital flows to emerging market economies	6
Editorial Board	6
The value of international standards certification: Evidence on export and firm performance from a security enforcement on borders	6
Language barriers, corporate site visit, and analyst forecast accuracy	6
The impact of (social) anchors on Prospect Theory’s value function	6
Cloning mutual fund returns	6

Do economic uncertainty and persistence in housing prices matter on mortgage insurance?	6
Satiation, habit formation, and other temporal anomalies: Extending the choice theory to multiple neighborhoods of time	6
Editorial Board	6
Meet-or-beat streak heterogeneity and equity prices	6
Financial trading versus entrepreneurship: Competition for talent and negative feedback effects	6
The impact of perceived uncertainty on corporate financial asset allocation: Evidence from China	6
On-chain flows, off-chain volatility: Tokenized real assets in financial markets	6
The mediating effect of institutional governance on banking depth and economic performance	6
Local government responses to procurement centralization: Evidence from Italy	6
Disclosure in corporate pension plans using a regression discontinuity design	6
Exploring financial and governance drivers of environmental noncompliance	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
Uncertainty in long-term macroeconomic forecasts: Ex post evaluation of forecasts by economics researchers	6
Language as a trade barrier in public procurement: Evidence from Georgia's policies on English language documentation	6
Taxation and corporate investment efficiency in common prosperity	6
Do natural resources determine energy consumption in Pakistan? The importance of quantile asymmetries	6
Heterogeneity and time-varying efficiency in the Ecuadorian banking sector. An output distance stochastic frontier approach	5
Gold, silver, and the US dollar as harbingers of financial calm and distress	5
Independent institution or cooperative institution? China’s deposit insurance institution model and the Honey Badger Algorithm	5
Control contestability, large shareholder identity, and corporate risk-taking: International evidence	5
The impact of corporate debt maturity dispersion on corporate credit spreads: Evidence from China	5
Market reactions to the Basel reforms: Implications for shareholders, creditors, and taxpayers	5
Political connections of executives and directors: Relevant facts to understand the impact of politicians on firm valuation	5
Can corporate social performance mitigate the risk of extreme stock returns?	5
On the predictive ability of conditional market skewness	5
Monetary policy with non-Ricardian households	5
Editorial Board	5
Pandemic, inequality and public health: A quantitative analysis	5
Does fiscal sentiment matter for sovereign risk?	5
Editorial Board	5
Bank homogeneity and risk-taking: Evidence from China	5
Credit ratings and corporate ESG behavior	5
Shades of social mobility: Colorism, ethnic origin and intergenerational social mobility	5
Dynamic spillovers in higher moments and jumps across ETFs and economic and financial uncertainty factors in the context of successive shocks	5
The effectiveness of board independence in high-discretion firms	5
Does import competition from China discipline overconfident CEOs in U.S. firms?	5
Dissecting value-growth strategies conditioned on expectation errors	4
Editorial Board	4
Systemic risk and financial networks	4
Dynamics of asymmetric connectedness among magnificent seven technology giants: Insights from QVAR analysis	4
Do prudential regulations affect banking inclusion?	4
Beyond financial wealth: The experienced utility of collectibles	4
Timing commonality in stock market misvaluation – Evidence from hedge funds	4
An empirical nexus between exchange rate and China's outward foreign direct investment: Implications for Pakistan under the China Pakistan economic corridor project	4
Directional predictability and time-frequency spillovers among clean energy sectors and oil price uncertainty	4
Do environmental courts break collusion in environmental governance? Evidence from corporate green innovation in China	4
Editorial Board	4
Attention-driven reaction to extreme earnings surprises	4
Informational efficiency and GICS classification: Evidence from REITs	4
Debtholder responses to controlling shareholders’ share pledging	4
Tug of war with noise traders? Evidence from the G7 stock markets	4
The impact of wildfires on US insurance firms: Evidence for the costliest wildfire in California	4
Commodity futures markets under stress and stress-free periods: Further insights from a quantile connectedness approach	4
Does soft shareholder activism hold hard consequences?	4
Money, output, and prices: 1967-2022	4
Stock price informativeness of risk disclosure: Does time orientation matter?	4
Bank lending channel under high policy rate volatility: Evidence from Türkiye	4
Local environmental organizations and employee directors on the board	4
A novel credit model risk measure: Do more data lead to lower model risk?	4
Discrimination and subjective player ratings: Evidence from China	4
Information disclosure strategies and bank interest rates pricing decisions	4
Testing the neo-fisherian hypothesis in Brazil	4
Does peers’ valuation matter? Evidence from corporate cash holdings	4
The economic effects of fiscal policy: Further evidence for Spain	4
Do financial technology and financial development lessen shadow economy? Evidence from BRICST economies using heterogenous bootstrap panel causality	4
Extreme frequency connectedness, determinants and portfolio analysis of major cryptocurrencies: Insights from quantile time-frequency approach	4
Predicting carbon futures volatility: New evidence based on topological features of crude oil, natural gas and climate risk indicators	4
Does e-procurement matter for economic growth? Subnational evidence from Australia	4
From the Fringe to the front-stage. European immigration and the Far-Right vote: An IV approach	4
Optimal fiscal policy in incomplete market business cycle economies	4
Antitrust regulation, innovation and industry dynamics	4
Impact of customer loyalty and differing firm costs on price discrimination in an infinite horizon setting	3
Do Muslim economies need insurance to grow? Answer from rigorous empirical evidence	3
Volatility spillovers and other dynamics between cryptocurrencies and the energy and bond markets	3
Asymmetric volatility structure of equity returns: Evidence from an emerging market	3
Asymmetric nexus between economic policy uncertainty and the Indian stock market: Evidence using NARDL approach	3
Procyclicality of loan loss provisions in China and the US	3
Extension of marginal conditional stochastic dominance to prospect and Markowitz stochastic dominance rules	3
A pairs trading strategy based on mixed copulas	3
The more you know, the better: A Heckman repeat-sales price index	3
How does carbon regulatory policy affect debt financing costs? Empirical evidence from China	3
Mortgage risk and bank runs	3
The impact of political freedoms on cross-border M&A abandonment likelihood	3
Bank insolvency risk, Z-score measures and unimodal returns: A refinement	3
Firm location quality, founding family firms, and management team expertise	3
Regime switching and the responsiveness of prices to supply: The case of the Irish housing market	3
Quantile volatility connectedness among themes and sectors: Novel evidence from China	3
A century and a half of the monetary base-stock market relationship	3
The long run effects of military service on localities: Evidence from 9/11 attacks	3
Vulnerable options with regime switching and stochastic liquidity	3
Testing monetary neutrality with respect to relative price of oil using divisia	3
Dynamic inflation hedging performance and downside risk: A comparison between Islamic and conventional stock indices	3
Credit risk contagion across China’s real-estate industrial chain	3
From algorithms to invention: AI’s impact on corporate innovation output and efficiency	3