Journal of Finance

Papers
(The median citation count of Journal of Finance is 5. 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 2021-06-01 to 2025-06-01.)
ArticleCitations
ANNOUNCEMENTS565
378
ISSUE INFORMATION FM357
ANNOUNCEMENTS330
Information Aggregation via Contracting281
Is the United States a Lucky Survivor? A Hierarchical Bayesian Approach252
Is COVID Revealing a Virus in CMBS 2.0?230
ISSUE INFORMATION FM197
Entrepreneurial Wealth and Employment: Tracing Out the Effects of a Stock Market Crash171
A q$q$ Theory of Internal Capital Markets146
Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect145
AMERICAN FINANCE ASSOCIATION141
AMERICAN FINANCE ASSOCIATION141
Report of the Executive Secretary and Treasurer for the Fiscal Year Ending June 30, 2021135
ANNOUNCEMENTS123
123
Is Long‐Run Risk Really Priced? Revisiting Liu and Matthies (2022)117
The Cross Section of MBS Returns109
ISSUE INFORMATION FM108
Informational Black Holes in Financial Markets105
Disclosing a Random Walk99
Macroeconomic News in Asset Pricing and Reality93
AMERICAN FINANCE ASSOCIATION93
Excess Capacity, Marginal q, and Corporate Investment89
Scope, Scale, and Concentration: The 21st‐Century Firm86
Insensitive Investors84
Equilibrium Bitcoin Pricing83
Quantifying Reduced‐Form Evidence on Collateral Constraints82
Financial Crises and Political Radicalization: How Failing Banks Paved Hitler's Path to Power80
ANNOUNCEMENTS77
Countercyclical Income Risk and Portfolio Choices: Evidence from Sweden76
ISSUE INFORMATION75
ANNOUNCEMENTS75
ISSUE INFORMATION73
Banks, Low Interest Rates, and Monetary Policy Transmission72
The Mortgage‐Cash Premium Puzzle70
Lender Automation and Racial Disparities in Credit Access70
Late to Recessions: Stocks and the Business Cycle69
Attention Spillover in Asset Pricing68
Fire‐Sale Spillovers in Debt Markets68
The Loan Covenant Channel: How Bank Health Transmits to the Real Economy65
Presidential Address: Macrofinance and Resilience65
AMERICAN FINANCE ASSOCIATION61
ANNOUNCEMENTS61
AMERICAN FINANCE ASSOCIATION57
AMERICAN FINANCE ASSOCIATION56
ISSUE INFORMATION FM54
Participant Schedule for the AFA 2022 Preliminary Program January 7–9, 2022: January 7–9, 202254
Bailout Stigma52
Barter Credit: Warehouses as a Contracting Technology50
ISSUE INFORMATION50
Naïve Buying Diversification and Narrow Framing by Individual Investors50
Wealth and Insurance Choices: Evidence from U.S. Households49
Beliefs Aggregation and Return Predictability48
Due Diligence47
Model Comparison with Transaction Costs47
Choosing to Disagree: Endogenous Dismissiveness and Overconfidence in Financial Markets47
Legal Risk and Insider Trading47
Are Analyst Short‐Term Trade Ideas Valuable?46
FinTech Credit and Entrepreneurial Growth46
Investor Tax Credits and Entrepreneurship: Evidence from U.S. States46
Stock Market and No‐Dividend Stocks45
44
The Economics of Deferral and Clawback Requirements44
AMERICAN FINANCE ASSOCIATION43
ISSUE INFORMATION43
Clients' Connections: Measuring the Role of Private Information in Decentralized Markets42
Preliminary Program AFA 2022 ANNUAL MEETING EIGHTY‐SECOND ANNUAL MEETING AMERICAN FINANCE ASSOCIATION42
Female Representation in the Academic Finance Profession42
A Horizon‐Based Decomposition of Mutual Fund Value Added Using Transactions42
Intermediation Variety41
The Price of Higher Order Catastrophe Insurance: The Case of VIX Options40
(Re‐)Imag(in)ing Price Trends40
AMERICAN FINANCE ASSOCIATION39
ISSUE INFORMATION39
Sending Out an SMS: Automatic Enrollment Experiments for Overdraft Alerts38
Crisis Interventions in Corporate Insolvency38
Anomaly Time36
Dynamic Banking and the Value of Deposits35
Carbon Returns across the Globe35
Luck versus Skill in the Cross Section of Mutual Fund Returns: Reexamining the Evidence34
Zombie Credit and (Dis‐)Inflation: Evidence from Europe33
How Much Does Racial Bias Affect Mortgage Lending? Evidence from Human and Algorithmic Credit Decisions33
Neglected Risks in the Communication of Residential Mortgage‐Backed Securities Offerings32
When Should Bankruptcy Law Be Creditor‐ or Debtor‐Friendly? Theory and Evidence32
BRATTLE GROUP AND DIMENSIONAL FUND ADVISORS PRIZES FOR 202331
Political Polarization Affects Households' Financial Decisions: Evidence from Home Sales31
AMERICAN FINANCE ASSOCIATION31
Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation31
Asset Pricing and Sports Betting29
Booms, Busts, and Common Risk Exposures29
Time‐Consistent Individuals, Time‐Inconsistent Households28
AMERICAN FINANCE ASSOCIATION28
CEO Political Leanings and Store‐Level Economic Activity during the COVID‐19 Crisis: Effects on Shareholder Value and Public Health28
ISSUE INFORMATION28
Intermediary Leverage Shocks and Funding Conditions28
Did FinTech Lenders Facilitate PPP Fraud?28
Institutional Investors and Corporate Governance: The Incentive to Be Engaged28
Auctions with Endogenous Initiation27
ISSUE INFORMATION27
How Credit Cycles across a Financial Crisis27
Rare Disasters, Financial Development, and Sovereign Debt27
Founder‐CEO Compensation and Selection into Venture Capital‐Backed Entrepreneurship26
The Cost of Capital for Banks: Evidence from Analyst Earnings Forecasts26
The Working Capital Credit Multiplier26
Presidential Address: How Much “Rationality” Is There in Bond‐Market Risk Premiums?26
Financing the Gig Economy26
Asset Pricing with Cohort‐Based Trading in MBS Markets26
Test Assets and Weak Factors25
Attention‐Induced Trading and Returns: Evidence from Robinhood Users25
Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect24
Very Noisy Option Prices and Inference Regarding the Volatility Risk Premium24
Global Pricing of Carbon‐Transition Risk23
Nonstandard Errors23
23
ANNOUNCEMENTS22
Stealth Acquisitions and Product Market Competition22
Report of the Editor of TheJournal of Finance for the Year 202222
ANNOUNCEMENTS22
Treasury Richness21
ISSUE INFORMATION21
Structuring Mortgages for Macroeconomic Stability21
Equity Term Structures without Dividend Strips Data21
Property Rights to Client Relationships and Financial Advisor Incentives21
The Global Credit Spread Puzzle20
20
Do Women Receive Worse Financial Advice?20
19
Optimal Financial Transaction Taxes19
Worker Runs19
Overconfidence and Preferences for Competition19
Option Momentum18
Payment System Externalities18
Andrew W. Lo18
Unobserved Performance of Hedge Funds18
ISSUE INFORMATION FM18
17
Report of the 2022 Annual Membership Meeting17
ANNOUNCEMENTS17
AMERICAN FINANCE ASSOCIATION17
Pricing Poseidon: Extreme Weather Uncertainty and Firm Return Dynamics16
Firm Performance Pay as Insurance against Promotion Risk16
16
Long‐Run Risk: Is It There?16
Equilibrium Data Mining and Data Abundance16
How Do Financial Constraints Affect Product Pricing? Evidence from Weather and Life Insurance Premiums15
Bayesian Solutions for the Factor Zoo: We Just Ran Two Quadrillion Models15
Capital Commitment15
Is There a Risk Premium in the Stock Lending Market? Evidence from Equity Options15
Auctions versus Negotiations: The Role of the Payment Structure15
The Global Impact of Brexit Uncertainty15
Venture Capital and Startup Agglomeration14
ISSUE INFORMATION FM14
Dissecting Conglomerate Valuations14
Feedback Effects and Systematic Risk Exposures14
Mortgage Lock‐In, Mobility, and Labor Reallocation14
AMERICAN FINANCE ASSOCIATION14
Predictable Financial Crises13
Visibility Bias in the Transmission of Consumption Beliefs and Undersaving13
Designing Stress Scenarios13
ANNOUNCEMENTS13
(Why) Do Central Banks Care about Their Profits?12
AMERICAN FINANCE ASSOCIATION12
Model Secrecy and Stress Tests12
International Yield Curves and Currency Puzzles12
Trading and Shareholder Democracy11
Rent or Buy? Inflation Experiences and Homeownership within and across Countries11
Borrowing to Save? The Impact of Automatic Enrollment on Debt11
Monetary Stimulus amidst the Infrastructure Investment Spree: Evidence from China's Loan‐Level Data10
Report of the Editor of The Journal of Finance for the Year 202410
How Integrated are Credit and Equity Markets? Evidence from Index Options10
The SOE Premium and Government Support in China's Credit Market10
Personal Communication in an Automated World: Evidence from Loan Repayments10
Working More to Pay the Mortgage: Household Debt, Interest Rates, and Family Labor Supply10
Report of the 2023 Annual Membership Meeting10
Leverage Regulation and Market Structure: A Structural Model of the U.K. Mortgage Market10
AMERICAN FINANCE ASSOCIATION10
Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors10
Negative Home Equity and Household Labor Supply10
Modeling Conditional Factor Risk Premia Implied by Index Option Returns9
Competition and Misconduct9
ANNOUNCEMENTS9
Discount Rates, Debt Maturity, and the Fiscal Theory9
Employee Costs of Corporate Bankruptcy9
What Drives Variation in the U.S. Debt‐to‐Output Ratio? The Dogs that Did not Bark9
ISSUE INFORMATION FM8
AMERICAN FINANCE ASSOCIATION8
Participant Schedule for the AFA 2023 Preliminary Program January 6–8, 20238
Participant Schedule for the AFA 2024 Preliminary Program January 5–7, 20248
7
Skill, Scale, and Value Creation in the Mutual Fund Industry7
The Virtue of Complexity in Return Prediction7
Out‐of‐Town Home Buyers and City Welfare7
ANNOUNCEMENTS7
Specialization in Bank Lending: Evidence from Exporting Firms7
The Limits of Model‐Based Regulation7
7
Withdrawal: Xu, Qiping, Zwick, E. “Tax Policy and Abnormal Investment Behavior.” The Journal of Finance. 30 May 20226
Going the Extra Mile: Distant Lending and Credit Cycles6
The Pollution Premium6
The Anatomy of the Transmission of Macroprudential Policies6
ANNOUNCEMENTS6
6
6
Is There a Replication Crisis in Finance?6
Liquidity Transformation and Fragility in the U.S. Banking Sector6
Can the Market Multiply and Divide? Non‐Proportional Thinking in Financial Markets6
Matteo Maggiori: Winner of the 2021 Fischer Black Prize6
5
Steven N. Kaplan5
Regulation of Charlatans in High‐Skill Professions5
Tracing the International Transmission of a Crisis through Multinational Firms5
AMERICAN FINANCE ASSOCIATION5
Would Order‐By‐Order Auctions Be Competitive?5
Decentralized Exchange: The Uniswap Automated Market Maker5
Disclosing to Informed Traders5
Report of the 2024 Annual Membership Meeting5
5
Fee Variation in Private Equity5
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