OOIR: Observatory of International Research

Papers

(The TQCC of Review of Financial Studies is 24. 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 2021-04-01 to 2025-04-01.)

Article	Citations
The Real Effects of Secondary Market Trading Structure: Evidence from the Mortgage Market	302
Disloyal Managers and Shareholders’ Wealth	280
Publisher's Note	273
Teams and Bankruptcy	266
New Perspectives on Insurance	261
Do Corporations Retain Too Much Cash? Evidence from a Natural Experiment	186
Duration-Based Valuation of Corporate Bonds	174
Corporate Capture of Blockchain Governance	166
Volatility Risk Pass-Through	145
Monetary Policy Risk: Rules versus Discretion	129
The Leading Premium	124
Erratum to: Investors’ Attention to Corporate Governance	123
Credit Building or Credit Crumbling? A Credit Builder Loan’s Effects on Consumer Behavior and Market Efficiency in the United States	121
The Dynamics of Loan Sales and Lender Incentives	121
Can Risk Be Shared across Investor Cohorts? Evidence from a Popular Savings Product	121
Field of Study and Financial Problems: How Economics Reduces the Risk of Default	112
Fractional Trading	104
Missing Data in Asset Pricing Panels	99
Valuing Financial Data	97
Health Care Costs and Corporate Investment	94
Bail-Ins, Optimal Regulation, and Crisis Resolution	93
The Fed and the Secular Decline in Interest Rates	92
High Inflation: Low Default Risk and Low Equity Valuations	90
Noise in Expectations: Evidence from Analyst Forecasts	90
The Incidence of Student Loan Subsidies: Evidence from the PLUS Program	87

Long-Term Investors, Demand Shifts, and Yields	80
Real Consequences of Shocks to Intermediaries Supplying Corporate Hedging Instruments	75
Competition and Innovation Revisited: A Project-Level View	74
Housing Consumption and Investment: Evidence from Shared Equity Mortgages	73
Macroprudential Regulation, Quantitative Easing, and Bank Lending	73
A Fistful of Dollars: Financial Incentives, Peer Information, and Retirement Savings	72
A Theory of the Term Structure of Interest Rates under Limited Household Risk Sharing	71
Digitalization and Retirement Contribution Behavior: Evidence from Administrative Data	70
Student Loans, Access to Credit, and Consumer Credit Demand	68
Designing Securities for Scrutiny	68
Pay, Stay, or Delay? How to Settle a Run	67
Credit Cycles, Expectations, and Corporate Investment	66
How ETFs Amplify the Global Financial Cycle in Emerging Markets	66
Labor Force Demographics and Corporate Innovation	59
The Human Factor in Acquisitions: Cross-industry Labor Mobility and Corporate Diversification	59
Gendered Prices	55
Machine Learning for Continuous-Time Finance	55
Illiquidity and Higher Cumulants	54
The Total Return and Risk to Residential Real Estate	53
Institutional Investors and Infrastructure Investing	51
Stock Market Stimulus	51
What Moves Stock Prices? The Roles of News, Noise, and Information	51
Mutual Fund Liquidity Transformation and Reverse Flight to Liquidity	51
Opioid Crisis Effects on Municipal Finance	48
Trade Credit and the Transmission of Unconventional Monetary Policy	47
Asset Pricing with Fading Memory	47
Narrative Asset Pricing: Interpretable Systematic Risk Factors from News Text	46
OTC Intermediaries	46
Flight to Safety: How Economic Downturns Affect Talent Flows to Startups	45
Monetary Policy, Business Liquidity and Survival: Evidence from the Refinancing Channel	45
RETRACTED: Mortgage Finance and Climate Change: Securitization Dynamics in the Aftermath of Natural Disasters	44
Competition for Attention in the ETF Space	43
Do Temporary Demand Shocks Have Long-Term Effects for Startups?	43
What Do Mutual Fund Investors Really Care About?	42
Bond Price Fragility and the Structure of the Mutual Fund Industry	40
Persistent Crises and Levered Asset Prices	40
Import Penetration and Executive Compensation	40
Markets versus Mechanisms	39
Moving the Goalposts? Mutual Fund Benchmark Changes and Relative Performance Manipulation	38
Unmasking Mutual Fund Derivative Use	38
Banks as Liquidity Multipliers	37
Proxy Advisory Firms and Corporate Shareholder Engagement	37
Adjusting to Macroprudential Policies: Loan-to-Value Limits and Housing Choice	36
The Good, the Bad, and the Missed Boom	36
House Prices and Rents	36
Financial Crises and the Transmission of Monetary Policy to Consumer Credit Markets	36
Regulatory Forbearance in the U.S. Insurance Industry: The Effects of Removing Capital Requirements for an Asset Class	36
Private Information, Securities Lending, and Asset Prices	35
Human Capital Portability and Careers in Finance	35
Short-Termism Spillovers from the Financial Industry	33

Are Analyst “Top Picks” Informative?	33
When Do Low-Frequency Measures Really Measure Effective Spreads? Evidence from Equity and Foreign Exchange Markets	32
Do Cash Windfalls Affect Wages? Evidence from R&D Grants to Small Firms	32
Rating Agency Fees: Pay to Play in Public Finance?	32
Fiscal Cyclicality and Currency Risk Premia	32
International Portfolio Choice with Frictions: Evidence from Mutual Funds	32
Zombies at Large? Corporate Debt Overhang and the Macroeconomy	30
Asset Price Dynamics with Limited Attention	30
Selection, Leverage, and Default in the Mortgage Market	28
Can Environmental Policy Encourage Technical Change? Emissions Taxes and R&D Investment in Polluting Firms	28
The Coholding Puzzle: New Evidence from Transaction-Level Data	27
Do Wall Street Landlords Undermine Renters’ Welfare?	27
The Next Chapter of Big Data in Finance	27
Digital Payments and Consumption: Evidence from the 2016 Demonetization in India	27
Liquidity Restrictions, Runs, and Central Bank Interventions: Evidence from Money Market Funds	27
A Comprehensive 2022 Look at the Empirical Performance of Equity Premium Prediction	27
The Market Inside the Market: Odd-Lot Quotes	27
The Missing Homebuyers: Regional Heterogeneity and Credit Contractions	26
Financial Market Ethics	26
Common Pricing of Decentralized Risk: A Linear Option Pricing Model	25
Investor Memory	25
Real Effects of Search Frictions in Consumer Credit Markets	25
Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices	25
Corporate Bond Liquidity during the COVID-19 Crisis	25
How Global Is Your Mutual Fund? International Diversification from Multinationals	25
Estimating General Equilibrium Spillovers of Large-Scale Shocks	24
Disagreement in the Equity Options Market and Stock Returns	24
What Determines Consumer Financial Distress? Place- and Person-Based Factors	24
Deposit Insurance and Depositor Behavior: Evidence from Colombia	24