OOIR: Observatory of International Research

Papers

(The TQCC of Journal of Financial Stability is 10. 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
Regional bank failures and volatility transmission	183
The ECB’s APP’s impact on non-financial firms’ cost of borrowing and debt choice	114
Lender individualism and monitoring: Evidence from syndicated loans	107
Diversification or distortion? The role of ETFs in retail investor portfolios and performance	106
The impact of country- and firm-level governance on capital allocation efficiency: New evidence from India	101
Does headquarters location matter in corporate tax avoidance?	84
Monetary policy uncertainty and corporate cash holdings: Evidence from China	61
Bank credit risk and macro-prudential policies: Role of counter-cyclical capital buffer	60
Dating housing booms fueled by credit: A Markov switching approach	58
Non-blockholder dissatisfaction and firm performance volatility: A groupthink perspective	56
The sale of failed banks: The importance of their branch networks and of the acquirers’ financial strength	53
Trade reforms and firm value: Worldwide evidence	48
The leverage of hedge funds and the risk of their prime brokers	46
Euro area banking and monetary policy shocks in the QE era	45
Too big to fail? Asymmetric effects of quantitative easing	45
Zero-risk weights and capital misallocation	44
Editorial Board	35
Bank competition and credit risk: The case of Peru	35
Bank resolution mechanisms revisited: Towards a new era of restructuring	34
Disclosure of financial items in 10-Ks and stock price informativeness	33
Dollar denominated sovereign debt risk and restructuring in emerging markets	32
Asset fire sales in an incomplete market economy	31
Stock price crash risk and firms’ operating leverage	31
Editorial Board	30
Deposit insurance and market discipline	30

Lending standards and output growth	30
The demand for central clearing: To clear or not to clear, that is the question!	29
The unintended consequences of environmental regulation on financial misconduct	29
“Thank me later”: Why is (macro)prudence desirable?	29
Digital payments and bank competition	28
Sudden yield reversals and financial intermediation in emerging markets	28
Sovereign portfolio composition and bank risk: The case of European banks	26
Understanding central bank responses to geopolitical risks: Evidence from the Fed and ECB	26
Asset class liquidity risk indicators. Timing the risk in the European and US equity and bond markets	25
Editorial Board	23
Modeling the procyclical impact of monetary policy on bank leverage: A stochastic macroprudential approach	22
Bubbles, banking and monetary policy	22
Release of a liquidity regulation: What do we learn for credit and house prices?	22
Contagion, interdependence and global crisis: Evidence from equity markets	22
Effectiveness of FX intervention and the flimsiness of exchange rate expectations	22
Assessing the systemic risk impact of bank bail-ins	21
Ancestors and corporate performance: Evidence from the Italian Mass Migration	21
Stock liquidity and corporate climate performance: evidence from China	20
Risk shocks, due loans, and policy options: When less is more!	20
Floods and firms: Vulnerabilities and resilience to natural disasters in Europe	20
Editorial Board	20
The regulatory dialectic in bank-sponsored money market funds	19
Climate policy and international capital reallocation	19
Debt maturity, creditor rights, and capital allocation efficiency: Evidence from quasi-natural experiments in India	19
The spillover effect of constituency statutes along supply chains: Evidence from supplier commitment	19
Generative AI and labour productivity: A quasi experiment on coding	18
Expected bail-in costs, bank risk-taking and real effects	18
Systemic risk measures and macroeconomic shocks: An update of empirical evidence	18
Shock amplification in an interconnected financial system of banks and investment funds	17
Bank opacity, systemic risk and financial stability	17
Financial stability through the lens of complex systems	17
Rapid bank runs and delayed policy responses	16
Climate risk news and banking industry: A natural language processing approach	16
Learning, externality, and optimal financial regulation	16
The impact of CBDC on a deposit-dependent banking system	16
Distance lending & social connectedness	15
Bank runs, prudential tools and social welfare in a global game general equilibrium model	15
Dissecting capital flows: Do capital controls shield against foreign shocks?	15
Bridging the information gap: How digitalization shapes stock price informativeness	15
Stimulating credit through banks’ unsecured debt purchases: Insights from a non-traditional measure	14
Bank diversity and financial contagion	14
Optimal CBDC design: A model with two access mechanisms and the role of anonymity	14
Climate risks and financial stability: Evidence from the European financial system	14
In Memoriam Dr. Chris Tsoumas (25 December 1964-1 April 2021)	14
Do sovereign-bond issuers learn from peers?	13
Editorial Board	13
Sowing the seeds of financial imbalances: The role of macroeconomic performance	13
International transmission of monetary policy shocks and the bank lending channel: Evidence from Australia	13
When banks become pure creditors: The effects of declining shareholding by Japanese banks on bank lending and firms’ risk-taking	13
Systemic risk and oil price volatility shocks	13

Climate risk and bank capital structure	13
Market reaction to the expected loss model in banks	13
Hierarchical contagions in the interdependent financial network	13
Decentralization illusion in Decentralized Finance: Evidence from tokenized voting in MakerDAO polls	12
When opinions collide：Investor sentiment divergence and stock liquidity	12
Contagious zombies	12
Do banks price environmental risk? Only when local beliefs are binding!	12
ESG activities and stock liquidity	12
Designing credit-spread driven macroprudential rules	11
Reinforcement learning policy recommendation for interbank network stability	11
The paradox of macroprudential policy and sovereign risk	11
Investor information and bank instability during the European debt crisis	11
Macroprudential policy in central banks: Integrated or separate? Survey among academics and central bankers	11
A Bayesian approach for more reliable tail risk forecasts	11
Investor flows, performance, and fragility of U.S. municipal bond mutual funds	11
Predictive multiplicity, procedural multiplicity, and heterogeneous machine learning ensembles in recovery rate forecasting	11
Balancing returns and responsibility: Evidence from shrinkage-based portfolios	11
In Memoriam - Phil Molyneux	11
Bank runs and media freedom: What you don’t know won’t hurt you?	11
Surety bonds and moral hazard in banking	10
ESG performance and bond return volatility	10
Stock repurchasing and corporate social responsibility	10
FinTech small business lending: Do FinTechs provide business loans to under-banked groups?	10
A perfect storm in the financial market	10
Bank regulations and surges and stops in credit: Panel evidence	10
Investment deregulation and innovation performance of Chinese private firms	10
Climate change exposure, financial development, and the cost of debt: Evidence from EU countries	10
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 reserves	10