Journal of International Money and Finance

Article	Citations
Adjusting toward long-run purchasing power parity	324
Editorial Board	244
Understanding the use of unconventional monetary policy for portfolio decarbonisation in Europe	143
Prices and returns: Role of inflation	90
DeFi: Mirage or reality? Unveiling wealth centralization risk in Decentralized Finance	90
International macroeconomic vulnerability	82
A primer on bitcoin cross-border flows: Measurement and drivers	79
An empirical inquiry into the distributional consequences of energy price shocks	77
Oil price volatility forecasts: What do investors need to know?	72
Inflation and income inequality in an open-economy growth model with liquidity constraints on R&D	69
Prime money market funds regulation, global liquidity, and the crude oil market	62
Public debt and state-dependent effects of fiscal policy in the euro area	61
Prudential policies and systemic risk: The role of interconnections	59
Stock return comovement when investors are distracted: More, and more homogeneous	49
Can exchange rate pass-throughs be perverse? A robust multiple-prior Bayesian SVAR approach*	47
Shadow banking and the bank lending channel of monetary policy in China	45
What keeps stablecoins stable?	42
Does US financial uncertainty spill over through the (asymmetric) international credit channel? The role of market expectations	35
Financial integration and hedging and safe haven properties of metals for sovereign bonds	35
Editorial Board	34
Editorial Board	33
The low-magnitude and high-magnitude asymmetries in tail dependence structures in international equity markets and the role of bilateral exchange rate	32
The currency channel of the global bank leverage cycle	31
2023 Asia economic policy Conference: Global Linkages in a Post-Pandemic World conference summary	31
Exchange rates and information about future fundamentals	29

Editorial Board	28
Climate change uncertainty and corporate debt relationship: A quantile panel data analysis	28
Taxation and the external wealth of nations: Evidence from bilateral portfolio holdings	27
Editorial Board	27
What type of information calls the attention of forecasters? Evidence from survey data in an emerging market	27
The impact of financial stress shocks on commodity prices	26
Exchange rate dependence and economic fundamentals: A Copula-MIDAS approach	25
How does central bank independence influence the relationship between inflation, income inequality and poverty?	25
Perceived monetary policy uncertainty	24
Mind the tone: Responses of inflation expectations to central bankers’ speeches	24
Media sentiment on monetary policy: Determinants and relevance for inflation expectations	24
Economic policy uncertainty and foreign exchange market implied volatility: A complex partial wavelet coherence approach	24
Corporate investment decisions amid climate risks: Relocate or stay?	24
Diversification strategies and investment opportunities in the international banking industry	23
Challenges in promoting local currency corporate bonds in Asia: Evidence from international business relationships	23
Optimal credit development regimes and impact of foreign capital flows	23
Reconciling contrasting views on the growth effect of currency misalignments	22
Price diffusion across international private commercial real estate markets	22
Compass guided: Northbound capital flow and investment clustering in China	22
Technology and the geography of the foreign exchange market	22
Do central banks rebalance their currency shares?	21
Exchange rate dynamics and the central bank's balance sheet	21
Does the uncovered interest parity hold better in korea?	21
Follow the money: Does the financial sector intermediate natural resource windfalls?	21
Yes! uncovered interest parity does hold in the long run	21
Shifting risk preferences of foreign institutional investors on corporate social responsibility amidst the U.S.-China trade war	21
Prospect theory preferences and global mutual fund flows	20
Production structure, tradability and fiscal spending multipliers	20
Monetary policy, threshold of profitability and dynamics of private investment in the West African Economic and Monetary Union	20
Firm-level climate change risk and corporate debt maturity	20
Are R&D-intensive firms more resilient to trade shocks? Evidence from the U.S.–China trade war	19
The path to currency internationalization: Insights from the Chinese renminbi	19
Life cycle performance of hedge fund managers	19
The influence of maritime freight cost tail risk on publicly traded industrial and transport companies	19
Time-varying exchange rate pass-through into terms of trade	19
Cooling the mortgage loan market: The effect of borrower-based limits on new mortgage lending	18
Fundamentals, regimes and exchange rate forecasts: Insights from a meta exchange rate model	18
Too much is too bad: The effect of media coverage on the price volatility of cryptocurrencies	18
Can Firms’ ESG initiatives deter hostile Takeovers?	18
Union debt management	18
Is the road to hell paved with good intentions? An empirical analysis of budgetary follow-up in the EU	18
Catching up by ‘Deglobalizing’: Capital account policy and economic growth	18
Price comovement and market segmentation of Chinese A- and H-shares: Evidence from a panel latent-factor model	17
Domestic lending and the pandemic: How does banks’ exposure to COVID-19 abroad affect their lending in the United States?	17
Globalisation and the efficiency-equity trade-off	17
Risk, financial stability and FDI	17
Testing competing world trade models against the facts of world trade	16
Editorial Board	16
Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals	16
Mandatory versus voluntary: The real effect of ESG disclosures on corporate earnings management	16

Bond supply expectations and the term structure of interest rates	16
Optimal monetary policy and the time-dependent price and wage Phillips curves: An international comparison	16
Effects of monetary policy uncertainty on debt financing: Evidence from Korean heterogeneous firms	16
Monetary policy and inequality: Distributional effects of asset purchase programs	15
Fragmentation in the European Monetary Union: Is it really over?	15
Global and local drivers of Bitcoin trading vis-à-vis fiat currencies	15
The rich, poor, and middle class: Banking crises and income distribution	15
ECB communication policies: An overview and comparison with the Federal Reserve	15
Exchange rate forecasting with macroeconomic data: Evidence from a novel comprehensive ensemble approach	15
Central bank mandates: How differences can influence the content and tone of central bank communication	15
Transmission of natural disasters to the banking sector: Evidence from thirty years of tropical storms in the Caribbean	15
An unconventional FX tail risk story	15
What is real and what is not in the global FDI network?	14
Spillovers between cryptocurrencies and financial markets in a global framework	14
When banks punch back: Macrofinancial feedback loops in stress tests	14
Editorial Board	14
Central bank communication of uncertainty	14
Cross-border capital flows and information spillovers across the equity and currency markets in emerging economies	14
The lasting effect of yen-buying interventions: Two cases of Japanese FX interventions in 1997–98 and 2022	14
Financial market linkages and the sovereign debt crisis	14
Dynamic interactions between trade globalization and financial globalization: A heterogeneous panel VAR approach	14
Assessing the effects of borrower-based macroprudential policy on credit in the EU using intensity-based indices	14
Is disagreement beneficial for market efficiency? Evidence from ESG ratings	14
Global economic policy Uncertainty, gross capital Inflows, and the mitigating role of Macroprudential policies	14
Global mispricing matters	14
Potential growth and natural yield curve in Japan	14
FDI and firm productivity in host countries: The role of financial constraints	13
How large and persistent is the response of inflation to changes in retail energy prices?	13
Fiscal spillovers through informal financial channels	13
Signal in the noise: Trump tweets and the currency market	13
Monetary and fiscal policy in a two-country model with behavioral expectations	13
Shadow of the colossus: Euro area spillovers and monetary policy in Central and Eastern Europe	13
Blowing against the Wind? a narrative approach to central Bank foreign exchange intervention	13
The economic consequences of fiscal rules	13
The effects of inflation uncertainty on firms and the macroeconomy	13
A global assessment of banks’ capacity to support the energy transition: Evidence from developed and emerging markets	13
The choice of flotation methods: Evidence from Chinese seasoned equity offerings	13
Evolution of the exchange rate pass-through into prices in Peru: An empirical application using TVP-VAR-SV models	13
Monetary policy surprise shocks under different fiscal regimes: A panel analysis of the Euro Area	13
UK monetary policy in an estimated DSGE model with state-dependent price and wage contracts	13
Cryptocurrency price discrepancies under uncertainty: Evidence from COVID-19 and lockdown nexus	13
The dynamic trade and welfare effects of RCEP	13
The investment implications of sustainable investing	13
The effects of financial integration during crises	12
How do institutions affect output recovery after financial crises?	12
Do adjustment costs influence firms’ target adjustment speeds? International evidence from share repurchase legalization	12
Capital controls and foreign reserves against external shocks: Combined or alone?	12
Breaking badly: The currency union effect on trade	12
Labor and product market reforms and external Imbalances: Evidence from advanced economies	12
Investigating the dynamics of crisis transmission channels: A comparative analysis	12
A comprehensive MacroEconomic uncertainty measure for the euro area and its implications to COVID-19	12
Stablecoin price dynamics under a peg-stabilising mechanism	12
The trend effect of foreign exchange intervention	12
Editorial Board	12
Moving closer? Comparing regional adjustments to shocks in EMU and the United States	12
Real business cycles in emerging countries: Are Asian business cycles different from Latin American business cycles?	11
Can you hear me now? Identifying the effect of Chinese monetary policy announcements	11
U.S. monetary policy shock spillovers: evidence from firm-level data	11
Just do IT? An assessment of inflation targeting in a global comparative case study	11
The Fed and the stock market: A tale of sentiment states	11
The sudden stops of international capital flows and corporate financing constraints——An empirical analysis based on global listed companies	11
Exchange rate predictability: Fact or fiction?	11
Riding the FinTech innovation wave: FinTech, patents and bank performance	11
Current account dynamics and saving-investment nexus in a changing and uncertain world	11
The rewards of fiscal consolidations: Sovereign spreads and confidence effects	11
Is high debt Constraining monetary policy? evidence from inflation expectations	11
Inflation, interest rate, and firm efficiency: The impact of policy uncertainty	11
Fintech, Cryptocurrencies, and CBDC: Financial Structural Transformation in China	11
Quantifying spillovers among regions	11
Editorial Board	10
Fluctuations in global output volatility	10
Pandemic and containment policies in open economy	10
A cross-country database of fiscal space	10
Monetary and fiscal policy impacts under alternative trilemma regimes	10
Gross capital inflows, the U.S. economy, and the response of the Federal Reserve	10
China’s GDP-at-Risk: Real-Time Monitoring, Risk Tracing, and Macroeconomic Policy Effects	10
The medium-term effects of fiscal policy rules	10
Procyclicality of fiscal policy in European Union countries	10
Risk-on/risk-off: Measuring shifts in investor risk bearing capacity	10
Post-pandemic monetary policy in Korea: toward an Integrated Policy Framework	10

Not only green: Sustainability and debt capital markets	10
Climate change and U.S. Corporate bond market activity: A machine learning approach	10
Corporate debt Regime under Political, Economic, and climate uncertainties	10
The effects of U.S. monetary policy shocks on mutual fund investing	9
Spillovers from US monetary policy: Role of policy drivers and cyclical conditions	9
The time-varying risk price of currency portfolios	9
Early-Life currency crises and exchange rate pass-through: Understanding the impact of central Bankers’ formative years in Africa	9
International risk sharing with heterogeneous firms	9
A panel VAR analysis of macro-financial imbalances in the EU	9
Liquidity shocks and the negative premium of liquidity volatility around the world	9
Inspecting cross-border macro-financial mechanisms	9
Capital inflow liberalization and bank credit risk	9
From independence to interdependence: The global connectedness of central banks’ balance sheet total assets	9
Trade wars and asset prices	9
How U.S. tariffs impact China’s domestic sourcing: Evidence from firm-to-firm transactions	9
Dollar not so dominant: Dollar invoicing has only a small effect on trade prices	9
Editorial Board	9
Samuelson hypothesis and carry arbitrage: U.S. and China	9
Heterogeneous international monetary transmissions: The role of inflation	9
ECOWAS single currency: Prospective effects on trade	9
COVID-19 and redemptions from Irish-resident bond funds	9
Commodity returns co-movement, uncertainty shocks, and the US dollar exchange rate	9
Financial contagion and networks among the oil and BRICS stock markets during seven episodes of crisis events	9
Protectionism, bilateral integration, and the cross section of exchange rate returns in US presidential debates	9
Economic policy uncertainty in OFDI host countries and the cross-section of stock returns	8
Capital flows and growth across developing countries	8
The information content of capital controls	8
Economic uncertainty measures, experts and large language models	8
Multinationals' profits in China: Impact of tax avoidance	8
Exploring the informativeness and drivers of tone during committee meetings: The case of the Federal Reserve	8
Metal and energy price uncertainties and the global economy	8
Debt shocks and the dynamics of output and inflation in emerging economies	8
Federal policy announcements and capital reallocation: Insights from inflow and outflow trends in the U.S.	8
Extrapolation beyond peers: An asset pricing perspective	8
Data transparency and GDP growth forecast errors	8
Can structural loan policy promote low-carbon transition of manufacturing enterprises? New evidence from China	8
The firm-level and aggregate effects of corporate payout policy	8
The market stabilization role of central bank asset purchases: High-frequency evidence from the COVID-19 crisis	8
Exchange rate regime and optimal policy: The case of China	8
Monetary policy when export revenues drop	8
A finance approach to climate stress testing	8
Global risk and portfolio flows to emerging markets: Evidence from irish-resident investment funds	8
RMB exchange rate volatility and the cross-section of Chinese A-share returns	8
Green lending and stock price crash risk: Evidence from the green credit reform in China	8
A Markov-switching dynamic factor framework for dating global economic cycles	8
How has COVID-19 affected the performance of green investment funds?	8
Rounding the corners of the trilemma: A simple framework	8
Trust in the central bank, financial literacy, and personal beliefs	7
Divine dividends: How religious traditions shape corporate payout policies	7
Original sin redux and deviations from covered interest parity	7
The origin of the law of one price deviations: Insights from the good-level real exchange rate volatility	7
Cross-border portfolio flows and news media coverage	7
One-stop source: A global database of inflation	7
Misaligned currencies and economic growth: The role of global value chains	7
Asymmetric inflation target credibility	7
Systemic risk in global FX markets: Measurement and determinants	7
Editorial Board	7
SDG performance and stock returns: Fresh insights from China	7
National development banks and loan contract terms: Evidence from syndicated loans	7
Does risk aversion predict the future real economy?	7
Industry growth at the lower bound	7
Lessons from low interest rate policy: How did euro area banks respond?	7
Access to overseas information and domestic value added: Evidence from China	7
Euro area current account imbalances: A tale of two financial liberalizations	7
Commodity prices and international Inflation, 1851–1913	7
The reinvestment by multinationals as a capital flow: Crises, imbalances, and the cash-based current account	7
The credit spread curve distribution and economic fluctuations in Japan	7
Fiscal and Monetary Policies for Inclusive Growth in Developing and Emerging Markets	7
Political risk and corporate international supply chain	7
Can participation in IMF programs facilitate sovereign debt rescheduling? The role of program size	7
Exchange rate in emerging markets: Shock absorber or source of shock?	7
Modelling the trade balance between the northern and southern eurozone using an intertemporal approach	6
What difference do new factor models make in portfolio allocation?	6
Cross-country variation in patience, persistent current account imbalances and the external wealth of nations	6
Maximally predictable currency portfolios	6
Grey zones in global finance: The distorted geography of cross-border investments	6
Editorial Board	6
Primary market demand for German government bonds	6
Local labor market and the cross section of stock returns	6
Banks, deposit rigidity and negative rates	6
News of disinflation and firms’ expectations: New causal evidence	6
From depegs to jumps: The role of stablecoin instabilities in crypto market dynamics	6
Public debt and r-g risks in advanced economies: Eurozone versus stand-alone	6
Financial transparency and anomalous portfolio investment flows: A gravity analysis	6
Central bank swap arrangements in the COVID-19 crisis	6
Editorial Board	6
Historical performance of rule-like monetary policy	6
A model of international currency with private information	6
SMEs’ financing in the aftermath of the financial and sovereign debt crises: A comparison across euro area countries	6
Cyclical drivers of euro area consumption: What can we learn from durable goods?	6
External financing risks: How important is the composition of the international investment position?	6
Do foreign firms cater to American investors’ dividend desires?	6
Central bank communication and public trust: The case of ECB speeches	6
Dynamic asset allocation strategy using a state-dependent Markov model: Applications to international equity markets	6
Nominal exchange rates and net foreign assets' dynamics: The stabilization role of valuation effects	6