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 2022-08-01 to 2026-08-01.)

Article	Citations
Trading strategies and the frequency of time-series	111
Rigidity in public contracts: Implications for renewal dynamics	108
Are safe-haven assets really safe? Heterogeneity under economic, political and climate risks	100
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	79
Hedging extreme risks in US stocks caused by the shortage of US dollar liquidity: Evidence from the COVID-19 outbreak	78
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	61
ESG rating, rating divergence and investment efficiency: International evidence	55
Irregularities in forward-looking volatility	50
FoMO in the Bitcoin market: Revisiting and factors	49
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	45
Readability of asset securitization reporting and bank holding company’s credit risk	45
The effect of financial distress on capital structure: The case of Brazilian banks	44
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	44
The capital ratio and the interest rate spread: A panel threshold regression approach	44
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	44
Quality differentiation and optimal pricing strategy in multi-sided markets	42
News-based economic policy uncertainty and financial contagion: An international evidence	42
The sustainability factor in asset pricing: Empirical evidence from the Indian market	41
The positive impact of investment subsidies on the economy with present-biased consumers	40
Risk assessment of equity-based conventional and islamic stock portfolios	39
Managerial risk aversion and corporate risk-taking	38
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	37
Examining the impact of natural gas price volatility on Euro zone inflation expectations	37
Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	35
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	35

Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	35
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	34
Moderating role of ESG disclosures and its impact on firm financial performance	31
The decline in stock exchange listed firms	29
Market reactions to legal risk in banks: Evidence from the Swiss franc mortgage crisis in Poland	28
Editorial Board	27
The equity premium and the disconnect between uncertainty and volatility: A global perspective	27
Applications of fixed effect models to managerial risk-taking incentives	26
Cross border flows, financial intermediation and interactions of policy rules in a small open economy	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
(De)Centralized Debt Financing and Project Selection under imperfect Bank Competition	25
Moderating effect of credit growth for financial development on economic growth: Considering banking crises and endogeneity	24
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	24
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	24
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	24
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	23
Trade liberalization, destination-specific export expansion and product quality upgrading: New evidence from export quota removal of textile and clothing industries in China	23
Dissecting performance gains from export-induced marketing and technological investments: Revisiting learning by exporting in Indian manufacturing	23
Sentiment, uncertainty, and bond return predictability	22
Tax clientele and share repurchase execution	21
The forward premium anomaly and the currency carry trade hypothesis	21
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	20
Does profitability explain the low-risk anomaly in India?	20
Do influencers pay? Evidence from the Internet celebrity economy in China	20
Editorial Board	20
Asymmetric effects of oil price shocks on the demand for money in Algeria	20
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	19
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	19
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	19
Forecasting intraday volatility and densities using deep learning	19
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	19
The sum of all SCARES COVID-19 sentiment and asset return	18
Bank geographic diversification and market competition	18
Executive and non-executive employee ownership and bank risk: Evidence from European banks	18
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	18
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	18
Corporate venture capital and CEO risk incentives: Evidence from venture capital-backed initial public offerings	17
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	17
Oil price shocks and stock market bubble-risk indicators	17
Corporate diversification, financial flexibility and firm performance during the Covid-19 pandemic	17
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	17
Social pension insurance and household risky asset investment: Evidence from China	17
A new measure of fund window dressing and its application to Chinese mutual fund market	16
Editorial Board	16
Capital requirements and banks’ behavior: Evidence from bank stress tests	16
Are dividend changes exploited in the equity market?	16
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	16
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	16
Signaling through tests	16

Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	15
Does monetary policy favor the skilled? − Distributional role of monetary policy	15
Trading activity and fund performance - Evidence from corporate bond mutual funds	15
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	15
Shaken, stirred and indebted: Firm-level effects of earthquakes	15
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	14
Predicting abnormal capital flow episodes with machine learning methods	14
Party direct control and corporate fraud: Evidence from China	14
Buy-sell imbalances on and around round numbers in cryptocurrencies	14
The effect of the evergrande bankruptcy on Chinese real estate listed firms	14
The windfall-income donation norm	14
Do emerging stock markets offer an illiquidity premium for local or global investors?	13
Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	13
Family ties and firm performance empirical evidence from East Asia	13
Robbing a robber is not robbing	13
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	13
Who needs cash? Digital finance and income inequality	13
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	12
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	12
Information disclosure and bidding structure: Evidence from the London bus market	12
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	12
Price of greenness: Classifications and green bond premiums	12
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	12
Forecasting intraday risk incorporating the higher-order moments	12
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	12
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	12
How does credit information sharing shape bank loans?	12
Recessions and flattening of the yield curve (1960–2021): A two-way road under a regime switching approach	12
Short- and long-term effects of ESG pillars on credit risk	12
Uncertainty and gender inequality: A global investigation	12
Revisiting the nexus between house pricing and money demand: Power spectrum and wavelet coherence based approach	12
Duration of membership in the world trade organization and investment-oriented remittances inflows	12
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	11
Asset redeployability and dividend payout policy	11
Political connections, investment inefficiency, and the Indian banking crisis	11
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	11
Financial inclusion and income distribution revisited: New findings	11
Decomposing the yield curve with linear regressions and survey information	11
The bank lending channel of monetary policy transmission in South Africa	11
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	11
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	11
Optimal inflation rate and fair wage	11
Customer concentration, managerial risk aversion, and hostile takeover threats	11
Persistence and long run co-movements across stock market prices	11
Competition, ratings shopping, and yield spread: Evidence from China’s enterprise bond market	10
The role of international currency spillovers in shaping exchange rate dynamics in Latin America	10
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	10
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	10
On the benefits of active stock selection strategies for diversified investors	10
Narrow stablecoins: Redemption, runs, and risk	10
When are busy boards beneficial?	9
Pathways to self-sufficiency in the microfinance ecosystem	9
The transmission of targeted monetary policy to bank credit supply	9
The effects of countercyclical leverage buffers on macroeconomic and financial stability	9
Make or buy for public services: Culture matters for efficiency considerations	9
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	9
Green bonds: A demographic study of Retail Investors in India	9
Import penetration and workplace safety	9
Democratic governance and equity valuations	9
Sentiment-return relation and stock price synchronicity: Firm-level versus market-level sentiment	9
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	9