OOIR: Observatory of International Research

Papers

(The TQCC of Quarterly Review of Economics and Finance is 9. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2021-11-01 to 2025-11-01.)

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
Risk assessment of equity-based conventional and islamic stock portfolios	39
The sustainability factor in asset pricing: Empirical evidence from the Indian market	39
News-based economic policy uncertainty and financial contagion: An international evidence	37
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	36
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
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	35
The positive impact of investment subsidies on the economy with present-biased consumers	35
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	34
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	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
The decline in stock exchange listed firms	26
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
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	25
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	24
Editorial Board	24
Applications of fixed effect models to managerial risk-taking incentives	24
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	23
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
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	22
Tax clientele and share repurchase execution	21
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
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	20
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	19
Signaling through tests	19
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	18
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
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
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
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	16
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
Party direct control and corporate fraud: Evidence from China	15
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
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
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
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
Uncertainty and daily predictability of housing returns and volatility of the United States: Evidence from a higher-order nonparametric causality-in-quantiles test	13
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	13
Family ties and firm performance empirical evidence from East Asia	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
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	13
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
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
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
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
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
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
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
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