OOIR: Observatory of International Research

Papers

(The TQCC of Quarterly Review of Economics and Finance is 8. 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 2021-12-01 to 2025-12-01.)

Article	Citations
Rigidity in public contracts: Implications for renewal dynamics	103
Quantifying endogenous and exogenous shocks to financial sector systemic risk: A comparison of GFC and COVID-19	86
Trading strategies and the frequency of time-series	81
Irregularities in forward-looking volatility	80
Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity	70
The role of the COVID-19 pandemic in US market volatility: Evidence from the VIX index	61
Readability of asset securitization reporting and bank holding company’s credit risk	56
FoMO in the Bitcoin market: Revisiting and factors	55
ESG rating, rating divergence and investment efficiency: International evidence	50
Quality differentiation and optimal pricing strategy in multi-sided markets	43
Examining the impact of natural gas price volatility on Euro zone inflation expectations	40
Permanent inequality versus earnings instability and transmission of income shocks to consumption expenditure in India	40
Term structure of equity risk premia in rough terrain: 150 years of the French stock market	39
Access-for-all to financial services: Non-resources tax revenue-harnessing opportunities in developing countries	38
Do board size, institutional ownership and external auditors matter to market discipline in Indonesian banking?	38
Firm valuation with state dependent COD taxation	37
The effect of financial distress on capital structure: The case of Brazilian banks	36
News-based economic policy uncertainty and financial contagion: An international evidence	36
Navigating the storm: Time-frequency quantile dependence and non-linear causality between crypto-currency market volatility and financial instability	36
Moderating role of ESG disclosures and its impact on firm financial performance	35
The positive impact of investment subsidies on the economy with present-biased consumers	34
Do geopolitical risks and global market factors influence the dynamic dependence among regional sustainable investments and major commodities?	32
Decomposition of non-performing loans dynamics into a debt-servicing capacity and a risk taking indicators	32
Capital requirements and banks performance under Basel-III: A comparative analysis of Australian and British banks	31
Risk assessment of equity-based conventional and islamic stock portfolios	31

The capital ratio and the interest rate spread: A panel threshold regression approach	31
The sustainability factor in asset pricing: Empirical evidence from the Indian market	30
Editorial Board	29
Time-frequency co-movement and cross-quantile connectedness of exchange rates: Evidence from ASEAN+3 Countries	27
Are bond markets and bank credits complementary or substitutable? Evidence based on the rule of law and countries’ legal origins	26
Moderating effect of credit growth for financial development on economic growth: Considering banking crises and endogeneity	26
The equity premium and the disconnect between uncertainty and volatility: A global perspective	26
Optimal taxation, minimum wage constraint in a model of capital-skill complementarity	26
The decline in stock exchange listed firms	26
US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries	25
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
Applications of fixed effect models to managerial risk-taking incentives	24
The forward premium anomaly and the currency carry trade hypothesis	23
Systemic importance of Chinese financial institutions based on the QC-ISAM-ARMA temporal network with coupling	23
A local volatility correction to mean-reverting stochastic volatility model for pricing derivatives	23
Firm-level business uncertainty and the predictability of the aggregate U.S. stock market volatility during the COVID-19 pandemic	23
The sum of all SCARES COVID-19 sentiment and asset return	22
Frequency domain quantile dependence and connectedness between crude oil and exchange rates: Evidence from oil-importing and exporting countries	22
The COVID-19 pandemic and the degree of persistence of US stock prices and bond yields	22
Bank geographic diversification and market competition	20
Tax clientele and share repurchase execution	19
Editorial Board	19
Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil	19
Capital requirements and banks’ behavior: Evidence from bank stress tests	19
Nationalization of the private sector labor force, quotas, matching and public jobs, an illustration with Saudi Arabia	19
Genetic diversity and income inequality: The case for Y-chromosome DNA diversity	18
Signaling through tests	18
On the time-varying responses of Fintech stock returns to geopolitical, financial and market sentiment shocks	18
Do influencers pay? Evidence from the Internet celebrity economy in China	17
Does profitability explain the low-risk anomaly in India?	17
Corporate diversification, financial flexibility and firm performance during the Covid-19 pandemic	17
Mean--variance portfolio selection problem: Asset reduction via nondominated sorting	17
Executive and non-executive employee ownership and bank risk: Evidence from European banks	16
Asymmetric effects of oil price shocks on the demand for money in Algeria	16
The relationship between investment determinants and environmental sustainability: Evidence through meta-analysis	16
Gender differences and time allocation: A comparative analysis of Egypt and Tunisia	16
A new measure of fund window dressing and its application to Chinese mutual fund market	16
Forecasting intraday volatility and densities using deep learning	16
Geopolitical risks and tourism stocks: New evidence from causality-in-quantile approach	15
Does monetary policy favor the skilled? − Distributional role of monetary policy	15
Are dividend changes exploited in the equity market?	15
Editorial Board	15
Credit booms and crisis-emergent asset comovement: The problem of latent correlation	15
Social pension insurance and household risky asset investment: Evidence from China	15
Predicting abnormal capital flow episodes with machine learning methods	15
Macro-prudential policy, its alignment with monetary policy and house price growth: A cross-country study	15
In search of hedges and safe havens during the COVID─19 pandemic: Gold versus Bitcoin, oil, and oil uncertainty	14
Party direct control and corporate fraud: Evidence from China	14
The effect of the evergrande bankruptcy on Chinese real estate listed firms	14

Hedging uncertainty: Bitcoin's asymmetric diversification benefits in factor-based portfolios	14
Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?	14
Shaken, stirred and indebted: Firm-level effects of earthquakes	14
Asymmetric cyclical connectedness on the commodity markets: Further insights from bull and bear markets	13
Political patronage and banks’ leverage in the Middle Eastern and North African region: A new neural panel regression analysis	13
Unveiling dynamics: Financial performance determinants in the Ghanaian insurance industry	13
How does credit information sharing shape bank loans?	13
Credit constraints and spillover effects of financial market liberalization: Case of Colombia	13
How does central bank transparency affect systemic risk? Evidence from developed and developing countries	12
Deviating from full rationality but not from theoretical consistency: The behavior of inflation expectations in Brazil	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
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
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
Short- and long-term effects of ESG pillars on credit risk	11
Do geopolitical risk, economic policy uncertainty, and oil implied volatility drive assets across quantiles and time-horizons?	11
The bank lending channel of monetary policy transmission in South Africa	11
Financial contagion dynamics from the US to the PIIGS amidst the global financial crisis	11
Do foreign investors deter corporate fraud? Evidence from China	11
Who needs cash? Digital finance and income inequality	11
The performance of bidding companies in merger and acquisition deals: An empirical study of domestic acquisitions in Hong Kong and Mainland China	11
Customer concentration, managerial risk aversion, and hostile takeover threats	11
Segmentation, business environment and global informational efficiency of emerging financial markets	11
Price of greenness: Classifications and green bond premiums	11
Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels	11
Political connections, investment inefficiency, and the Indian banking crisis	10
Decomposing the yield curve with linear regressions and survey information	10
Uncertainty matters in US financial information spillovers: Evidence from a directed acyclic graph approach	10
Do more harm than good? The optional reverse charge mechanism against cross-border tax fraud	10
Financial inclusion and income distribution revisited: New findings	10
Duration of membership in the world trade organization and investment-oriented remittances inflows	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
Does Corporate Social Responsibility reporting improve financial performance? The moderating role of board diversity and gender composition	10
Optimal inflation rate and fair wage	10
Asset redeployability and dividend payout policy	10
Persistence and long run co-movements across stock market prices	10
Green bonds: A demographic study of Retail Investors in India	10
NFTs versus conventional cryptocurrencies: A comparative analysis of market efficiency around COVID-19 and the Russia-Ukraine conflict	10
The transmission of targeted monetary policy to bank credit supply	9
Pathways to self-sufficiency in the microfinance ecosystem	9
Markowitz portfolios under transaction costs	9
On the benefits of active stock selection strategies for diversified investors	9
Impact of a new regulatory policy on thematic and monthly distribution funds in Japan	9
When are busy boards beneficial?	9
Import penetration and workplace safety	9
Make or buy for public services: Culture matters for efficiency considerations	9
Hedging demand and near-zero swap spreads: Evidence from the Chinese interest rate swap market	9
Sentiment-return relation and stock price synchronicity: Firm-level versus market-level sentiment	9
The effects of countercyclical leverage buffers on macroeconomic and financial stability	9
Nexus of Corporate Social Responsibility Expenditure (CSR) and financial performance: Indian banks	8
Political influence and banking performance: Evidence from the African countries	8
Natural disasters and bank liquidity creation in Sub-Saharan African countries: Evidence from banks panel data	8
Agriculture and inflation: Expected and unexpected shocks	8
Money demand function with time-varying coefficients	8
Oil shocks and investor attention	8
Does AI contribute to systemic risk reduction in non-financial corporations?	8
Asymmetry in inflation persistence under inflation targeting	8
Customer concentration, managerial risk aversion, and independent directors: A quasi-natural experiment	8
Time-varying dependence of Bitcoin	8