Journal of Financial Economics

Papers
(The TQCC of Journal of Financial Economics is 30. 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 2022-05-01 to 2026-05-01.)
ArticleCitations
Editorial Board2819
Equity duration and predictability1040
Editorial Board990
Editorial Board913
Monetary policy expectation errors861
Momentum turning points502
Retail option traders and the implied volatility surface370
Financial factors and the propagation of the Great Depression369
What matters in a characteristic?226
Arbitrage-based recovery218
Set it and forget it? Financing retirement in an age of defaults199
The incentives of SPAC sponsors198
CEO compensation: Evidence from the field189
Institutional investors, heterogeneous benchmarks and the comovement of asset prices186
Bank heterogeneity and financial stability186
The secular decline in interest rates and the rise of shadow banks173
News as sources of jumps in stock returns: Evidence from 21 million news articles for 9000 companies172
Stakes and investor behaviors167
Sovereign risk premia and global macroeconomic conditions167
Conditional risk161
Direct lenders in the U.S. middle market156
Implicit extrapolation and the beliefs channel of investment demand142
The invention of corporate governance138
Voting and trading: The shareholder’s dilemma130
Bitcoin’s limited adoption problem129
Machine-learning the skill of mutual fund managers126
Loan spreads and credit cycles: The role of lenders’ personal economic experiences123
Racial disparities in the Paycheck Protection Program123
The return of return dominance: Decomposing the cross-section of prices115
Price regulation in two-sided markets: Empirical evidence from debit cards114
Finance without exotic risk110
Gig labor: Trading safety nets for steering wheels109
The risk and return of impact investing funds108
Insurance and portfolio decisions: Two sides of the same coin?108
Aspirational utility and investment behavior106
Defunding controversial industries: Can targeted credit rationing choke firms?105
Democracy and the pricing of initial public offerings around the world103
Financing breakthroughs under failure risk101
Corporate culture: Evidence from the field101
Have risk premia vanished?100
Asset life, leverage, and debt maturity matching100
Bank liquidity provision across the firm size distribution99
Market efficiency in the age of big data98
Pricing and constructing international government bond portfolios96
Editorial Board92
Employee output response to stock market wealth shocks92
Shale shocked: Cash windfalls and household debt repayment91
Micro uncertainty and asset prices89
Heterogeneous liquidity providers and night-minus-day return predictability88
The value of intermediation in the stock market88
Peer selection and valuation in mergers and acquisitions88
Independent regulators and financial stability evidence from gubernatorial election campaigns in the Progressive Era87
Manufacturing risk-free government debt86
Evergreening85
Discrimination in the payments chain84
Priced risk in corporate bonds83
Financial education affects financial knowledge and downstream behaviors83
Self-Declared benchmarks and fund manager intent: “Cheating” or competing?82
The death of a regulator: Strict supervision, bank lending, and business activity81
Macroeconomic drivers and the pricing of uncertainty, inflation, and bonds80
Intermediary balance sheets and the treasury yield curve73
Gravity, counterparties, and foreign investment72
Editorial Board71
Editorial Board70
Editorial Board70
Editorial Board70
Regulatory leakage among financial advisors: Evidence from FINRA regulation of “bad” brokers69
Financing the litigation arms race69
Asymmetric information, disagreement, and the valuation of debt and equity65
Reaching for yield: Evidence from households64
Intermediary financing without commitment64
Skill versus reliability in venture capital63
Machine learning and fund characteristics help to select mutual funds with positive alpha61
Flattening the curve: Pandemic-Induced revaluation of urban real estate61
The short- and long-run effects of remote work on U.S. housing markets60
What are the events that shake our world? Measuring and hedging global COVOL59
Count (and count-like) data in finance59
Editorial Board58
Editorial Board57
Warp speed price moves: Jumps after earnings announcements57
ESG lending55
Refinancing cross-subsidies in the mortgage market53
Understanding the strength of the dollar53
The negativity bias and perceived return distributions: Evidence from a pandemic53
Fintech entry, lending market competition, and welfare52
Endogenous inattention and risk-specific price underreaction in corporate bonds52
Dynamic asset (mis)pricing: Build-up versus resolution anomalies51
Editorial Board50
Sustainable investing with ESG rating uncertainty50
The fundamental-to-market ratio and the value premium decline50
Market power in wholesale funding: A structural perspective from the triparty repo market48
Competition, Product differentiation and Crises: Evidence from 18 million securitized loans47
Expected idiosyncratic volatility47
Signals and stigmas from banking interventions: Lessons from the Bank Holiday of 193347
Asset holders’ consumption risk and tests of conditional CCAPM46
Borrow now, pay even later: A quantitative analysis of student debt payment plans46
Honoring Michael C. Jensen46
Strategic arbitrage in segmented markets44
In-sample and out-of-sample Sharpe ratios of multi-factor asset pricing models44
Fire-sale risk in the leveraged loan market44
Salience theory and the cross-section of stock returns: International and further evidence43
Expansionary yet different: Credit supply and real effects of negative interest rate policy43
Let the rich be flooded: The distribution of financial aid and distress after hurricane harvey43
Inflation and Trading43
Validity, tightness, and forecasting power of risk premium bounds42
Rules versus discretion in capital regulation42
Dissecting green returns42
Missing values handling for machine learning portfolios41
Editorial Board41
International trade and the risk in bilateral exchange rates41
What do outside CEOs really do? Evidence from plant-level data40
A quantitative analysis of bank lending relationships40
Editorial Board39
How valuable is corporate adaptation to crisis? Estimates from Covid-19 work-from-home announcements38
Picking partners: Manager selection in private markets38
Empirical evaluation of overspecified asset pricing models38
The cross-section of investment and profitability: Implications for asset pricing38
Taking sides on return predictability37
Financial constraints and the racial housing gap37
Learning by lending securities37
Treasury option returns and models with unspanned risks37
Persistent and transitory components of firm characteristics: Implications for asset pricing36
Appropriated growth35
Efficient estimation of bid–ask spreads from open, high, low, and close prices35
Value creation in shareholder activism34
Overvaluing simple bets: Evidence from the options market33
Editorial Board33
Editorial Board33
Fed information effects: Evidence from the equity term structure33
What moves treasury yields?32
How monetary policy shaped the housing boom32
Do the right firms survive bankruptcy?32
Sequential credit markets32
Too Levered for Pigou: Carbon pricing, financial constraints, and leverage regulation32
Global Business Networks31
Can the changes in fundamentals explain the attenuation of anomalies?31
Social interactions and households’ flood insurance decisions31
Strategic digitization in currency and payment competition31
Social media as a bank run catalyst31
LTCM Redux? Hedge fund Treasury trading, funding fragility, and risk constraints31
The economics of “Buy Now, Pay Later”: A merchant’s perspective30
Editorial Board30
Causal effects of closing businesses in a pandemic30
Price ceilings, market structure, and payout policies30
Do teams alleviate or exacerbate overreaction in beliefs?30
Geographic clustering of institutional investors30
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