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 2022-06-01 to 2026-06-01.)
ArticleCitations
Regional bank failures and volatility transmission170
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice110
Dating housing booms fueled by credit: A Markov switching approach102
Lender individualism and monitoring: Evidence from syndicated loans100
Diversification or distortion? The role of ETFs in retail investor portfolios and performance96
CAFR 1999–2021, the past two decades and a look ahead92
The impact of gender diversity on shareholder wealth: Evidence from European bank M&A85
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India79
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer56
Monetary policy uncertainty and corporate cash holdings: Evidence from China54
Does headquarters location matter in corporate tax avoidance?53
Non-blockholder dissatisfaction and firm performance volatility: A groupthink perspective52
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength51
Stock price crash risk and firms’ operating leverage49
Bank competition and credit risk: The case of Peru43
Trade reforms and firm value: Worldwide evidence43
The leverage of hedge funds and the risk of their prime brokers42
The contribution of (shadow) banks and real estate to systemic risk in China41
Euro area banking and monetary policy shocks in the QE era40
Too big to fail? Asymmetric effects of quantitative easing34
Zero-risk weights and capital misallocation32
Bank resolution mechanisms revisited: Towards a new era of restructuring31
Disclosure of financial items in 10-Ks and stock price informativeness30
Editorial Board29
Editorial Board28
Editorial Board28
“Thank me later”: Why is (macro)prudence desirable?28
Sudden yield reversals and financial intermediation in emerging markets28
Sovereign portfolio composition and bank risk: The case of European banks27
Understanding central bank responses to geopolitical risks: Evidence from the Fed and ECB27
Lending standards and output growth27
The demand for central clearing: To clear or not to clear, that is the question!25
The unintended consequences of environmental regulation on financial misconduct25
Deposit insurance and market discipline25
Digital payments and bank competition25
Asset fire sales in an incomplete market economy25
Asset class liquidity risk indicators. Timing the risk in the European and US equity and bond markets24
Modeling the procyclical impact of monetary policy on bank leverage: A stochastic macroprudential approach24
Editorial Board24
Release of a liquidity regulation: What do we learn for credit and house prices?23
Stock liquidity and corporate climate performance: evidence from China23
Bubbles, banking and monetary policy21
Assessing the systemic risk impact of bank bail-ins21
Contagion, interdependence and global crisis: Evidence from equity markets21
Ancestors and corporate performance: Evidence from the Italian Mass Migration21
Effectiveness of FX intervention and the flimsiness of exchange rate expectations21
Risk shocks, due loans, and policy options: When less is more!20
Climate policy and international capital reallocation20
The spillover effect of constituency statutes along supply chains: Evidence from supplier commitment20
The impact of CBDC on a deposit-dependent banking system19
Shock amplification in an interconnected financial system of banks and investment funds19
The regulatory dialectic in bank-sponsored money market funds19
Debt maturity, creditor rights, and capital allocation efficiency: Evidence from quasi-natural experiments in India19
Bank opacity, systemic risk and financial stability19
Financial stability through the lens of complex systems19
Climate risk news and banking industry: A natural language processing approach18
Expected bail-in costs, bank risk-taking and real effects18
Generative AI and labour productivity: A quasi experiment on coding18
Systemic risk measures and macroeconomic shocks: An update of empirical evidence17
Distance lending & social connectedness17
Learning, externality, and optimal financial regulation17
Bank runs, prudential tools and social welfare in a global game general equilibrium model17
Bridging the information gap: How digitalization shapes stock price informativeness17
Climate risks and financial stability: Evidence from the European financial system16
Dissecting capital flows: Do capital controls shield against foreign shocks?16
Rapid bank runs and delayed policy responses16
International transmission of monetary policy shocks and the bank lending channel: Evidence from Australia15
Sovereign risk spillovers: A network approach15
In Memoriam Dr. Chris Tsoumas (25 December 1964-1 April 2021)15
Stimulating credit through banks’ unsecured debt purchases: Insights from a non-traditional measure15
Climate risk and bank capital structure15
Bank diversity and financial contagion14
Optimal CBDC design: A model with two access mechanisms and the role of anonymity14
Editorial Board14
Sowing the seeds of financial imbalances: The role of macroeconomic performance13
When opinions collide:Investor sentiment divergence and stock liquidity13
When banks become pure creditors: The effects of declining shareholding by Japanese banks on bank lending and firms’ risk-taking13
Market reaction to the expected loss model in banks13
The paradox of macroprudential policy and sovereign risk13
Do sovereign-bond issuers learn from peers?13
Systemic risk and oil price volatility shocks13
Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls12
Contagious zombies12
In Memoriam - Phil Molyneux12
Hierarchical contagions in the interdependent financial network12
A Bayesian approach for more reliable tail risk forecasts12
ESG activities and stock liquidity12
Designing credit-spread driven macroprudential rules11
Investor information and bank instability during the European debt crisis11
Reinforcement learning policy recommendation for interbank network stability11
Investor flows, performance, and fragility of U.S. municipal bond mutual funds11
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries11
Predictive multiplicity, procedural multiplicity, and heterogeneous machine learning ensembles in recovery rate forecasting11
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers11
FinTech small business lending: Do FinTechs provide business loans to under-banked groups?10
Do municipalities pay more to issue unrated bonds?10
The role of loan loss provisions in income inequality: Evidence from a sample of banking institutions10
Bank runs and media freedom: What you don’t know won’t hurt you?10
A perfect storm in the financial market10
An integrated macroprudential stress test of bank liquidity and solvency10
Bank regulations and surges and stops in credit: Panel evidence10
It takes more than two to tango: Multiple bank lending, asset commonality and risk10
ESG performance and bond return volatility10
Stock repurchasing and corporate social responsibility10
Interest rate pass-through and bank risk-taking under negative-rate policies with tiered remuneration of central bank reserves10
Editorial Board10
Culture as a catalyst: The impact of corporate culture on strategic alliances and equity market response10
Investment deregulation and innovation performance of Chinese private firms10
Surety bonds and moral hazard in banking10
A second-order finite difference method for the Black–Scholes model without far-field boundary conditions9
Firm-level political risk and distance-to-default9
Macroeconomic stability or financial stability: How are capital controls used? Insights from a new database9
Taxes, home equity, and household mobility9
The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A9
Leadership vacuum and corporate investment8
Modelling fire sale contagion across banks and non-banks8
ESG activity and bank lending during financial crises8
Automatic versus manual investing: Role of past performance8
Bank safety-oriented culture and lending decisions8
Bank risk-taking in emerging economies: Empirical evidence and theory8
Addressing Spillovers from Prolonged U.S. Monetary Policy Easing8
Climate policy uncertainty and bank systemic risk: A creative destruction perspective8
Poverty and seeking bank advice: Evidence from a survey experiment8
Corporate social responsibility misconduct and formation of board interlocks8
Blessing or curse? Government funding of deposit insurance and corporate lending8
Comparable but is it informative?Accounting information comparability and price synchronicity8
Decomposing systemic risk: The roles of contagion and common exposures8
What charge-off rates are predictable by macroeconomic latent factors?8
Over with carbon? Investors’ reaction to the Paris Agreement and the US withdrawal8
Spillovers in Europe: The role of ESG8
Political connections and zombie firms: The role of the 2008 stimulus plan in China8
Banks, freedom, and political connections: New evidence from around the world8
Banking and macro risks8
Real effects of bank shocks8
Asset securitization, cross holdings, and systemic risk in banking7
Does climate risk influence analyst forecast accuracy?7
Editorial Board7
International financial stress spillovers during times of unconventional monetary policy interventions7
Volatile safe-haven asset: Evidence from Bitcoin7
Negative nominal rates7
Capital and liquidity interaction in banking7
Loan guarantees in a crisis: An antidote to a credit crunch?7
Real estate transaction taxes and credit supply7
A stablecoin that’s actually stable: A portfolio optimization approach7
Easy cleanups or forbearing improvements: The effect of CEO tenure on successor’s performance7
An investigation into feedback and spatial relationships between banks’ share prices and sovereign bond spreads during the euro crisis7
Low-carbon city initiatives and analyst behaviour: A quasi-natural experiment7
Firm-level political risk and stock price crashes7
Bank solvency stress tests with fire sales7
Bank capital regulation and risk after the Global Financial Crisis7
Leaving the darkness: The emergence of shadow banks7
Editorial Board6
A simple model of a central bank digital currency6
Climate change and financial systemic risk: Evidence from US banks and insurers6
CFO social networks and corporation taxation6
Isolating defensive corporate ESG effects: Evidence from purely domestic anti-COVID-19 measures6
Forecasting Stock Market Crashes via Machine Learning6
Editorial Board6
Milton Friedman on bailouts6
Distrust or speculation? The socioeconomic drivers of U.S. cryptocurrency investments6
The impact of CSR-engagement, board gender, and stock price synchronicity on female analyst stock coverage decisions6
Unobserved components model estimates of credit cycles: Tests and predictions6
Editorial Board6
Liquidity and bank capital structure6
Output floors in setting bank capital requirements6
Price exuberance episodes in private real estate6
Gender diversity in leadership: Empirical evidence on firm credit risk6
Lending relationships and boom–bust cycles5
Employee lawsuits and business downsizing: Evidence from labor unions5
Bank lending to fossil fuel firms5
Green-adjusted share prices: A comparison between standard investors and investors with green preferences5
COVID-19 as a stress test: Assessing the bank regulatory framework5
Central bank digital currencies and financial stability in a modern monetary system5
The role of credit lines and multiple lending in financial contagion and systemic events5
Sovereign credit spreads, banking fragility, and global factors5
The flight home effect during the COVID-19 pandemic: Evidence from syndicated loans5
Geopolitical risk and corporate maturity mismatch5
Irrelevant answers in customers’ earnings communication conferences and suppliers’ cash holdings5
Financial contagion within the interbank network5
The performance of FDIC-identified community banks5
Banks’ stock market reaction to prudential policy announcements: The role of central bank independence and financial stability sentiment5
The eurozone: What is to be done to maintain macro and financial stability?5
Do small bank deposits run more than large ones? Three event studies of contagion and financial inclusion5
Banking deregulation, macroeconomic dynamics and monetary policy5
Editorial Board5
Corporate lobbying and US federal grants: Information in exchange for compensation5
Social capital and dividend policies in US corporations5
Financial intermediation and the supply of liquidity4
Deep hedging 0DTE options4
Auditor certification and long-run performance of IPO stocks4
Artificial intelligence and firm resilience4
Optimal capital ratios for banks in the euro area4
CEO-employee pay disparity, risk-taking incentives, and financial reporting choices4
Digital currency and banking-sector stability4
Funding deposit insurance4
Political spending, related voluntary disclosure, and the cost of public debt4
The drivers of cyber risk4
Biases in investor-paid credit ratings4
The macroeconomic costs of the bank tax4
Financial contracting as behavior towards risk: The corporate finance of business cycles4
Editorial Board4
Skin-in-the-game in ABS transactions: A critical review of policy options4
Funding liquidity creation by banks4
Strategic alliances and shared auditors4
A dealer’s funding liquidity risk and its money market trades in the 2007/08 crisis4
Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks4
A note on regulatory responses to COVID-19 pandemic: Balancing banks’ solvency and contribution to recovery4
Societal trust and corporate bankruptcy4
Floods and financial stability: Scenario-based evidence from below sea level4
The dynamic effects of debtor bankruptcy on unsecured creditors' stock liquidity4
Regulatory oversight and bank risk4
Who consumes the credit union subsidies?4
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