Journal of Financial Stability

Papers
(The median citation count of Journal of Financial Stability is 4. 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.)
ArticleCitations
Regional bank failures and volatility transmission183
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice114
Lender individualism and monitoring: Evidence from syndicated loans107
Diversification or distortion? The role of ETFs in retail investor portfolios and performance106
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India101
Does headquarters location matter in corporate tax avoidance?84
Monetary policy uncertainty and corporate cash holdings: Evidence from China61
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer60
Dating housing booms fueled by credit: A Markov switching approach58
Non-blockholder dissatisfaction and firm performance volatility: A groupthink perspective56
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength53
Trade reforms and firm value: Worldwide evidence48
The leverage of hedge funds and the risk of their prime brokers46
Too big to fail? Asymmetric effects of quantitative easing45
Euro area banking and monetary policy shocks in the QE era45
Zero-risk weights and capital misallocation44
Bank competition and credit risk: The case of Peru35
Editorial Board35
Bank resolution mechanisms revisited: Towards a new era of restructuring34
Disclosure of financial items in 10-Ks and stock price informativeness33
Dollar denominated sovereign debt risk and restructuring in emerging markets32
Asset fire sales in an incomplete market economy31
Stock price crash risk and firms’ operating leverage31
Deposit insurance and market discipline30
Lending standards and output growth30
Editorial Board30
The unintended consequences of environmental regulation on financial misconduct29
“Thank me later”: Why is (macro)prudence desirable?29
The demand for central clearing: To clear or not to clear, that is the question!29
Sudden yield reversals and financial intermediation in emerging markets28
Digital payments and bank competition28
Sovereign portfolio composition and bank risk: The case of European banks26
Understanding central bank responses to geopolitical risks: Evidence from the Fed and ECB26
Asset class liquidity risk indicators. Timing the risk in the European and US equity and bond markets25
Editorial Board23
Effectiveness of FX intervention and the flimsiness of exchange rate expectations22
Modeling the procyclical impact of monetary policy on bank leverage: A stochastic macroprudential approach22
Bubbles, banking and monetary policy22
Release of a liquidity regulation: What do we learn for credit and house prices?22
Contagion, interdependence and global crisis: Evidence from equity markets22
Ancestors and corporate performance: Evidence from the Italian Mass Migration21
Assessing the systemic risk impact of bank bail-ins21
Editorial Board20
Stock liquidity and corporate climate performance: evidence from China20
Risk shocks, due loans, and policy options: When less is more!20
Floods and firms: Vulnerabilities and resilience to natural disasters in Europe20
Debt maturity, creditor rights, and capital allocation efficiency: Evidence from quasi-natural experiments in India19
The spillover effect of constituency statutes along supply chains: Evidence from supplier commitment19
The regulatory dialectic in bank-sponsored money market funds19
Climate policy and international capital reallocation19
Systemic risk measures and macroeconomic shocks: An update of empirical evidence18
Generative AI and labour productivity: A quasi experiment on coding18
Expected bail-in costs, bank risk-taking and real effects18
Financial stability through the lens of complex systems17
Shock amplification in an interconnected financial system of banks and investment funds17
Bank opacity, systemic risk and financial stability17
Learning, externality, and optimal financial regulation16
The impact of CBDC on a deposit-dependent banking system16
Rapid bank runs and delayed policy responses16
Climate risk news and banking industry: A natural language processing approach16
Bank runs, prudential tools and social welfare in a global game general equilibrium model15
Dissecting capital flows: Do capital controls shield against foreign shocks?15
Bridging the information gap: How digitalization shapes stock price informativeness15
Distance lending & social connectedness15
Climate risks and financial stability: Evidence from the European financial system14
In Memoriam Dr. Chris Tsoumas (25 December 1964-1 April 2021)14
Stimulating credit through banks’ unsecured debt purchases: Insights from a non-traditional measure14
Bank diversity and financial contagion14
Optimal CBDC design: A model with two access mechanisms and the role of anonymity14
Climate risk and bank capital structure13
Market reaction to the expected loss model in banks13
Hierarchical contagions in the interdependent financial network13
Do sovereign-bond issuers learn from peers?13
Editorial Board13
Sowing the seeds of financial imbalances: The role of macroeconomic performance13
International transmission of monetary policy shocks and the bank lending channel: Evidence from Australia13
When banks become pure creditors: The effects of declining shareholding by Japanese banks on bank lending and firms’ risk-taking13
Systemic risk and oil price volatility shocks13
Do banks price environmental risk? Only when local beliefs are binding!12
ESG activities and stock liquidity12
Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls12
When opinions collide:Investor sentiment divergence and stock liquidity12
Contagious zombies12
A Bayesian approach for more reliable tail risk forecasts11
Investor flows, performance, and fragility of U.S. municipal bond mutual funds11
Predictive multiplicity, procedural multiplicity, and heterogeneous machine learning ensembles in recovery rate forecasting11
Balancing returns and responsibility: Evidence from shrinkage-based portfolios11
In Memoriam - Phil Molyneux11
Bank runs and media freedom: What you don’t know won’t hurt you?11
Designing credit-spread driven macroprudential rules11
Reinforcement learning policy recommendation for interbank network stability11
The paradox of macroprudential policy and sovereign risk11
Investor information and bank instability during the European debt crisis11
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers11
A perfect storm in the financial market10
Bank regulations and surges and stops in credit: Panel evidence10
Investment deregulation and innovation performance of Chinese private firms10
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries10
Do municipalities pay more to issue unrated bonds?10
Interest rate pass-through and bank risk-taking under negative-rate policies with tiered remuneration of central bank reserves10
Surety bonds and moral hazard in banking10
ESG performance and bond return volatility10
Stock repurchasing and corporate social responsibility10
FinTech small business lending: Do FinTechs provide business loans to under-banked groups?10
Spillovers in Europe: The role of ESG9
The role of loan loss provisions in income inequality: Evidence from a sample of banking institutions9
A second-order finite difference method for the Black–Scholes model without far-field boundary conditions9
Poverty and seeking bank advice: Evidence from a survey experiment9
Over with carbon? Investors’ reaction to the Paris Agreement and the US withdrawal9
It takes more than two to tango: Multiple bank lending, asset commonality and risk9
Firm-level political risk and distance-to-default9
ESG activity and bank lending during financial crises9
Editorial Board9
Climate policy uncertainty and bank systemic risk: A creative destruction perspective9
Culture as a catalyst: The impact of corporate culture on strategic alliances and equity market response9
Macroeconomic stability or financial stability: How are capital controls used? Insights from a new database9
The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A9
Leadership vacuum and corporate investment8
Funding innovation and bank systemic risk: Evidence from Wealth Management Products8
Banks, freedom, and political connections: New evidence from around the world8
What charge-off rates are predictable by macroeconomic latent factors?8
Corporate social responsibility misconduct and formation of board interlocks8
Addressing Spillovers from Prolonged U.S. Monetary Policy Easing8
Taxes, home equity, and household mobility8
Political connections and zombie firms: The role of the 2008 stimulus plan in China8
Blessing or curse? Government funding of deposit insurance and corporate lending8
A stablecoin that’s actually stable: A portfolio optimization approach7
Capital and liquidity interaction in banking7
Modelling fire sale contagion across banks and non-banks7
Bank risk-taking in emerging economies: Empirical evidence and theory7
Firm-level political risk and stock price crashes7
Editorial Board7
Leaving the darkness: The emergence of shadow banks7
Loan guarantees in a crisis: An antidote to a credit crunch?7
Does climate risk influence analyst forecast accuracy?7
Automatic versus manual investing: Role of past performance7
Decomposing systemic risk: The roles of contagion and common exposures7
Bank safety-oriented culture and lending decisions7
Real estate transaction taxes and credit supply7
Bank solvency stress tests with fire sales7
Comparable but is it informative?Accounting information comparability and price synchronicity7
Banking and macro risks7
Real effects of bank shocks7
Low-carbon city initiatives and analyst behaviour: A quasi-natural experiment7
Editorial Board6
Asset securitization, cross holdings, and systemic risk in banking6
Volatile safe-haven asset: Evidence from Bitcoin6
Climate change and financial systemic risk: Evidence from US banks and insurers6
Unobserved components model estimates of credit cycles: Tests and predictions6
Editorial Board6
Distrust or speculation? The socioeconomic drivers of U.S. cryptocurrency investments6
Banks' complexity and risk: Agency problems and diversification benefits6
Bank capital regulation and risk after the Global Financial Crisis6
International financial stress spillovers during times of unconventional monetary policy interventions6
Liquidity and bank capital structure6
A simple model of a central bank digital currency6
Price exuberance episodes in private real estate6
Isolating defensive corporate ESG effects: Evidence from purely domestic anti-COVID-19 measures6
Easy cleanups or forbearing improvements: The effect of CEO tenure on successor’s performance6
Negative nominal rates6
Milton Friedman on bailouts6
An investigation into feedback and spatial relationships between banks’ share prices and sovereign bond spreads during the euro crisis6
The impact of CSR-engagement, board gender, and stock price synchronicity on female analyst stock coverage decisions6
Forecasting Stock Market Crashes via Machine Learning6
Output floors in setting bank capital requirements6
Editorial Board6
The performance of FDIC-identified community banks5
CFO social networks and corporation taxation5
Bank lending to fossil fuel firms5
Employee lawsuits and business downsizing: Evidence from labor unions5
COVID-19 as a stress test: Assessing the bank regulatory framework5
Banking deregulation, macroeconomic dynamics and monetary policy5
The flight home effect during the COVID-19 pandemic: Evidence from syndicated loans5
Gender diversity in leadership: Empirical evidence on firm credit risk5
Green-adjusted share prices: A comparison between standard investors and investors with green preferences5
The eurozone: What is to be done to maintain macro and financial stability?5
Editorial Board5
Corporate lobbying and US federal grants: Information in exchange for compensation5
Banks’ stock market reaction to prudential policy announcements: The role of central bank independence and financial stability sentiment5
Geopolitical risk and corporate maturity mismatch5
Do small bank deposits run more than large ones? Three event studies of contagion and financial inclusion5
Lending relationships and boom–bust cycles5
Sovereign credit spreads, banking fragility, and global factors5
Social capital and dividend policies in US corporations5
Who consumes the credit union subsidies?4
Financial contracting as behavior towards risk: The corporate finance of business cycles4
Societal trust and corporate bankruptcy4
Regulatory oversight and bank risk4
The dynamic effects of debtor bankruptcy on unsecured creditors' stock liquidity4
Financial contagion within the interbank network4
Editorial Board4
Auditor certification and long-run performance of IPO stocks4
Funding deposit insurance4
Funding liquidity creation by banks4
Central bank digital currencies and financial stability in a modern monetary system4
CEO-employee pay disparity, risk-taking incentives, and financial reporting choices4
The role of credit lines and multiple lending in financial contagion and systemic events4
Artificial intelligence and firm resilience4
Financial intermediation and the supply of liquidity4
Strategic alliances and shared auditors4
Biases in investor-paid credit ratings4
Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks4
Digital currency and banking-sector stability4
Irrelevant answers in customers’ earnings communication conferences and suppliers’ cash holdings4
Floods and financial stability: Scenario-based evidence from below sea level4
Optimal capital ratios for banks in the euro area4
The macroeconomic costs of the bank tax4
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