Journal of Financial Stability

Papers
(The median citation count of Journal of Financial Stability is 3. 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 2021-09-01 to 2025-09-01.)
ArticleCitations
The impact of gender diversity on shareholder wealth: Evidence from European bank M&A118
Editorial Board106
CAFR 1999–2021, the past two decades and a look ahead103
Does headquarters location matter in corporate tax avoidance?86
Regional bank failures and volatility transmission79
Dating housing booms fueled by credit: A Markov switching approach72
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India71
Lender individualism and monitoring: Evidence from syndicated loans69
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice65
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer63
Monetary policy uncertainty and corporate cash holdings: Evidence from China58
Stock price crash risk and firms’ operating leverage51
Bank competition and credit risk: The case of Peru44
Too big to fail? Asymmetric effects of quantitative easing43
Non-blockholder dissatisfaction and firm performance volatility: A groupthink perspective43
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength42
Zero-risk weights and capital misallocation42
Bank resolution mechanisms revisited: Towards a new era of restructuring42
The pass-through of bank capital requirements to corporate lending spreads38
Euro area banking and monetary policy shocks in the QE era37
Does lending relationship help or alleviate the transmission of liquidity shocks? Evidence from a liquidity crunch in China37
The contribution of (shadow) banks and real estate to systemic risk in China35
Economic uncertainty and bank stability: Conventional vs. Islamic banking33
The demand for central clearing: To clear or not to clear, that is the question!32
Editorial Board31
Editorial Board31
Sudden yield reversals and financial intermediation in emerging markets30
Deposit insurance and market discipline27
Sovereign portfolio composition and bank risk: The case of European banks27
Lending standards and output growth27
Economic policy uncertainty and cross-border mergers and acquisitions27
Digital payments and bank competition26
“Thank me later”: Why is (macro)prudence desirable?25
Understanding central bank responses to geopolitical risks: Evidence from the Fed and ECB24
Editorial Board24
Effectiveness of FX intervention and the flimsiness of exchange rate expectations23
Ancestors and corporate performance: Evidence from the Italian Mass Migration22
Bubbles, banking and monetary policy22
Modeling the procyclical impact of monetary policy on bank leverage: A stochastic macroprudential approach21
Asset class liquidity risk indicators. Timing the risk in the European and US equity and bond markets21
Risk shocks, due loans, and policy options: When less is more!20
Release of a liquidity regulation: What do we learn for credit and house prices?20
Assessing the systemic risk impact of bank bail-ins20
Connected banks and economic policy uncertainty19
Stock liquidity and corporate climate performance: evidence from China19
The spillover effect of constituency statutes along supply chains: Evidence from supplier commitment18
Shock amplification in an interconnected financial system of banks and investment funds18
Financial stability through the lens of complex systems17
Bank runs, prudential tools and social welfare in a global game general equilibrium model17
The impact of CBDC on a deposit-dependent banking system17
Low-carbon city initiatives and firm risk: A quasi-natural experiment in China17
Bank opacity, systemic risk and financial stability17
The regulatory dialectic in bank-sponsored money market funds17
Bridging the information gap: How digitalization shapes stock price informativeness16
The implications of dependence, tail dependence, and bounds’ measures for counterparty credit risk pricing16
The power of sentiment: Irrational beliefs of households and consumer loan dynamics16
Supervisory shocks to banks' credit standards and their macroeconomic impact16
Distance lending & social connectedness16
Climate risks and financial stability: Evidence from the European financial system15
Rapid bank runs and delayed policy responses15
Common ownership and bank stability: Evidence from the U.S. banking industry15
Dissecting capital flows: Do capital controls shield against foreign shocks?15
Editorial Board15
Editorial Board14
International transmission of monetary policy shocks and the bank lending channel: Evidence from Australia14
Do sovereign-bond issuers learn from peers?14
Bank diversity and financial contagion14
Sovereign risk spillovers: A network approach14
In Memoriam Dr. Chris Tsoumas (25 December 1964-1 April 2021)14
Liquidity risk and bank performance during financial crises13
Political uncertainty and analysts’ forecasts: International evidence13
Editorial Board13
Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls13
Sowing the seeds of financial imbalances: The role of macroeconomic performance12
The paradox of macroprudential policy and sovereign risk12
Market reaction to the expected loss model in banks11
Uncertainty of uncertainty and firm cash holdings11
Early warning systems using dynamic factor models: An application to Asian economies11
When banks become pure creditors: The effects of declining shareholding by Japanese banks on bank lending and firms’ risk-taking11
In Memoriam - Phil Molyneux11
Systemic risk and oil price volatility shocks11
Investor information and bank instability during the European debt crisis11
Hierarchical contagions in the interdependent financial network11
High liquidity creation and bank failures10
Reinforcement learning policy recommendation for interbank network stability10
Designing credit-spread driven macroprudential rules10
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers10
Bank runs and media freedom: What you don’t know won’t hurt you?10
Investor flows, performance, and fragility of U.S. municipal bond mutual funds10
An integrated macroprudential stress test of bank liquidity and solvency9
A perfect storm in the financial market9
Stock repurchasing and corporate social responsibility9
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries9
ESG performance and bond return volatility9
Economic policy uncertainty and earnings management: Evidence from Japan9
When bad news is good news: Geopolitical risk and the cross-section of emerging market stock returns9
A Bayesian approach for more reliable tail risk forecasts9
Surety bonds and moral hazard in banking9
Poverty and seeking bank advice: Evidence from a survey experiment8
The role of loan loss provisions in income inequality: Evidence from a sample of banking institutions8
Bank regulations and surges and stops in credit: Panel evidence8
Investment deregulation and innovation performance of Chinese private firms8
The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A8
Macroeconomic stability or financial stability: How are capital controls used? Insights from a new database8
Double leverage cycle, interest rate, and financial crisis8
Interest rate pass-through and bank risk-taking under negative-rate policies with tiered remuneration of central bank reserves8
Risk spillovers and interconnectedness between systemically important institutions8
Climate policy uncertainty and bank systemic risk: A creative destruction perspective7
Over with carbon? Investors’ reaction to the Paris Agreement and the US withdrawal7
Money, privacy, anonymity: What do experiments tell us?7
Banks, freedom, and political connections: New evidence from around the world7
Bank safety-oriented culture and lending decisions7
Leadership vacuum and corporate investment7
Firm-level political risk and distance-to-default7
ESG activity and bank lending during financial crises7
Automatic versus manual investing: Role of past performance7
Addressing Spillovers from Prolonged U.S. Monetary Policy Easing7
Cross country linkages and transmission of sovereign risk: Evidence from China’s credit default swaps7
It takes more than two to tango: Multiple bank lending, asset commonality and risk7
Spillovers in Europe: The role of ESG7
Comparable but is it informative?Accounting information comparability and price synchronicity7
Political connections and zombie firms: The role of the 2008 stimulus plan in China7
Corporate social responsibility misconduct and formation of board interlocks7
Decomposing systemic risk: The roles of contagion and common exposures6
Asset securitization, cross holdings, and systemic risk in banking6
Modelling fire sale contagion across banks and non-banks6
Bank risk-taking in emerging economies: Empirical evidence and theory6
Does climate risk influence analyst forecast accuracy?6
Bank solvency stress tests with fire sales6
What charge-off rates are predictable by macroeconomic latent factors?6
Credit policy and its heterogeneous effects on green innovations6
Low-carbon city initiatives and analyst behaviour: A quasi-natural experiment6
Firm-level political risk and stock price crashes6
Loan guarantees in a crisis: An antidote to a credit crunch?6
Blessing or curse? Government funding of deposit insurance and corporate lending6
Banking and macro risks6
Real estate transaction taxes and credit supply5
Crises, lending and regulations5
An investigation into feedback and spatial relationships between banks’ share prices and sovereign bond spreads during the euro crisis5
A Stablecoin That’s Actually Stable: A Portfolio Optimization Approach5
Editorial Board5
Leaving the darkness: The emergence of shadow banks5
Volatile safe-haven asset: Evidence from Bitcoin5
Negative nominal rates5
Risk shifting and regulatory arbitrage: Evidence from operational risk5
Banking research in the time of COVID-195
Bank capital regulation and risk after the Global Financial Crisis5
International financial stress spillovers during times of unconventional monetary policy interventions5
Doing good in periods of high uncertainty: Economic policy uncertainty, corporate social responsibility, and analyst forecast error5
Easy cleanups or forbearing improvements: The effect of CEO tenure on successor’s performance5
Economic policy uncertainty and allocative distortions5
The performance of FDIC-identified community banks4
Price exuberance episodes in private real estate4
Sovereign credit spreads, banking fragility, and global factors4
Editorial Board4
Forecasting Stock Market Crashes via Machine Learning4
Editorial Board4
Milton Friedman on bailouts4
Am I riskier if I rescue my banks? Beyond the effects of bailouts4
Distrust or speculation? The socioeconomic drivers of U.S. cryptocurrency investments4
Employee lawsuits and business downsizing: Evidence from labor unions4
The impact of CSR-engagement, board gender, and stock price synchronicity on female analyst stock coverage decisions4
Bank lending to fossil fuel firms4
The eurozone: What is to be done to maintain macro and financial stability?4
The dynamic effects of debtor bankruptcy on unsecured creditors' stock liquidity4
Gender diversity in leadership: Empirical evidence on firm credit risk4
A simple model of a central bank digital currency4
CFO social networks and corporation taxation4
Unobserved components model estimates of credit cycles: Tests and predictions4
Banking deregulation, macroeconomic dynamics and monetary policy4
Isolating defensive corporate ESG effects: Evidence from purely domestic anti-COVID-19 measures4
Geopolitical risk and corporate maturity mismatch4
Do small bank deposits run more than large ones? Three event studies of contagion and financial inclusion4
COVID-19 as a stress test: Assessing the bank regulatory framework4
Green-adjusted share prices: A comparison between standard investors and investors with green preferences4
Climate change and financial systemic risk: Evidence from US banks and insurers4
Liquidity and bank capital structure4
Editorial Board4
The flight home effect during the COVID-19 pandemic: Evidence from syndicated loans4
Who consumes the credit union subsidies?3
Regulatory oversight and bank risk3
Irrelevant answers in customers’ earnings communication conferences and suppliers’ cash holdings3
Social capital and dividend policies in US corporations3
A dealer’s funding liquidity risk and its money market trades in the 2007/08 crisis3
A note on regulatory responses to COVID-19 pandemic: Balancing banks’ solvency and contribution to recovery3
The macroeconomic costs of the bank tax3
Political spending, related voluntary disclosure, and the cost of public debt3
Optimal capital ratios for banks in the euro area3
Digital currency and banking-sector stability3
The role of credit lines and multiple lending in financial contagion and systemic events3
Societal trust and corporate bankruptcy3
Funding liquidity creation by banks3
Strategic alliances and shared auditors3
The drivers of cyber risk3
CEO power, bank risk-taking and national culture: International evidence3
Auditor certification and long-run performance of IPO stocks3
Central bank digital currencies and financial stability in a modern monetary system3
Skin-in-the-game in ABS transactions: A critical review of policy options3
Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks3
Financial contracting as behavior towards risk: The corporate finance of business cycles3
Economic uncertainty and corruption: Evidence from public and private firms3
Editorial Board3
Financial intermediation and the supply of liquidity3
Funding deposit insurance3
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