OOIR: Observatory of International Research

Papers

(The TQCC of Review of Financial Studies is 21. 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.)

Article	Citations
Credit Building or Credit Crumbling? A Credit Builder Loan’s Effects on Consumer Behavior and Market Efficiency in the United States	539
Missing Data in Asset Pricing Panels	355
Payment for Order Flow and Option Internalization	272
Collateral Effects: The Role of FinTech in Small Business Lending	255
Duration-Based Valuation of Corporate Bonds	251
Valuing Financial Data	243
Bank Debt, Mutual Fund Equity, and Swing Pricing in Liquidity Provision	176
How ETFs Amplify the Global Financial Cycle in Emerging Markets	162
Macroprudential Regulation, Quantitative Easing, and Bank Lending	159
Bail-Ins, Optimal Regulation, and Crisis Resolution	157
Bond Price Fragility and the Structure of the Mutual Fund Industry	135
Tuition, Debt, and Human Capital	133
Private Renegotiations and Government Interventions in Credit Chains	130
Human Capital Portability and Careers in Finance	126
The Coholding Puzzle: New Evidence from Transaction-Level Data	103
The Pace of Change: Socially Responsible Investing in Private Markets	100
Tax Policy and Abnormal Investment Behavior	96
Factor Momentum	96
The Broader Role of Venture Capital Due Diligence	94
Digital Payments and Consumption: Evidence from the 2016 Demonetization in India	90
Using Social Media to Identify the Effects of Congressional Viewpoints on Asset Prices	89
Investor Memory	86
Banking on Carbon: Corporate Lending and Cap-and-Trade Policy	85
In Safe Hands: The Financial and Real Impact of Investor Composition over the Credit Cycle	84
Risking or Derisking: How Management Fees Affect Hedge Fund Risk-Taking Choices	77

Estimating Discount Functions with Consumption Choices over the Lifecycle	72
Who Mismanages Student Loans, and Why?	72
The Response of Mortgage Supply to Expected Flood Insurance Lapses	64
The Rise of Star Firms: Intangible Capital and Competition	63
Counterparty Risk: Implications for Network Linkages and Asset Prices	62
The Gender Gap in Household Bargaining Power: A Revealed-Preference Approach	61
Should the Government Be Paying Investment Fees on $3 Trillion of Tax-Deferred Retirement Assets?	58
Price and Volume Divergence in China’s Real Estate Markets: The Role of Local Governments	57
Nonbank Lending and Credit Cyclicality	56
Firm Networks and Asset Returns	55
Insurers as Asset Managers and Systemic Risk	55
Failure to Share Natural Disaster Risk	54
Size Discount and Size Penalty: Trading Costs in Bond Markets	53
The Present Value of Future Market Power	52
Horizon Bias and the Term Structure of Equity Returns	51
Bank Bonus Pay as a Risk Sharing Contract	50
Holding Period Effects in Dividend Strip Returns	50
Are Bankruptcy Professional Fees Excessively High?	49
Monetary Policy through Production Networks: Evidence from the Stock Market	44
Deconstructing the Yield Curve	44
Owner Incentives and Performance in Healthcare: Private Equity Investment in Nursing Homes	43
Conflicts of Interest in Municipal Bond Advising and Underwriting	43
Fast and Slow Arbitrage: The Predictive Power of (Persistent) Capital Flows for Factor Returns	42
Can Human Capital Explain Income-Based Disparities in Financial Services?	42
Cross-Subsidization of Bad Credit in a Lending Crisis	40
Is Capital Structure Irrelevant with ESG Investors?	39
The Cost of Bank Regulatory Capital	39
Racial Disparities in the Auto Loan Market	39
SPACs	39
Smokestacks and the Swamp	38
Beliefs and Portfolios: Causal Evidence	38
Equity Return Expectations and Portfolios: Evidence from Large Asset Managers	38
An Intermediation-Based Model of Exchange Rates	36
The Financial Channel of the Exchange Rate and Global Trade	36
Financial Disruptions and the Organization of Innovation: Evidence from the Great Depression	36
Technological Progress and Rent Seeking	35
Institutional Brokerage Networks: Facilitating Liquidity Provision	35
Continuous-Time Fama-MacBeth Regressions	34
What Drives Firms’ Hiring Decisions? An Asset Pricing Perspective	33
Machine Learning and the Implementable Efficient Frontier	33
Regulatory Intensity and Firm-Specific Exposure	33
Dynamics of Asset Demands with Confidence Heterogeneity†	32
The Incidence of Student Loan Subsidies: Evidence from the PLUS Program	31
Political Sentiment and Innovation: Evidence from Patenters	31
Health Care Costs and Corporate Investment	31
Institutional Corporate Bond Pricing	30
Competition for Attention in the ETF Space	30
Credit Cycles, Expectations, and Corporate Investment	29
Investor Sentiment and the Pricing of Characteristics-Based Factors	29
Identifying Price Informativeness	29

Bond Market Resiliency: The Role of Insurers	29
The Fed and the Secular Decline in Interest Rates	29
Price Discovery on Decentralized Exchanges	29
Financial Crises and the Transmission of Monetary Policy to Consumer Credit Markets	28
What Determines Consumer Financial Distress? Place- and Person-Based Factors	28
Trade Credit and the Transmission of Unconventional Monetary Policy	28
Do Temporary Demand Shocks Have Long-Term Effects for Startups?	28
International Portfolio Choice with Frictions: Evidence from Mutual Funds	27
Hedging, Contract Enforceability, and Competition	26
Unmasking Mutual Fund Derivative Use	26
Do Corporate Disclosures Constrain Strategic Analyst Behavior?	26
A Comprehensive 2022 Look at the Empirical Performance of Equity Premium Prediction	25
Deposit Insurance and Depositor Behavior: Evidence from Colombia	25
Dynamic Coordination and Bankruptcy Regulations	25
Are Analyst “Top Picks” Informative?	25
The Effects of Going Public on Firm Profitability and Strategy	24
Investor-Driven Corporate Finance: Evidence from Insurance Markets	24
Syndicated Lending, Competition, and Relative Performance Evaluation	24
Neglected Peers in Merger Valuations	23
The Psychological Externalities of Investing: Evidence from Stock Returns and Crime	22
Are All ESG Funds Created Equal? Only Some Funds Are Committed	22
Connected Funds	22
Income Shifting out of the United States by Foreign Multinational Firms	22
Adverse Selection and Climate Risk: A Response to	22
Mandatory Financial Disclosure and M&A Activity	22
The Value of Differing Points of View: Evidence from Financial Analysts’ Geographic Diversity	21
Heterogeneous Real Estate Agents and the Housing Cycle	21
The Effect of Principal Reduction on Household Distress: Evidence from Mortgage Cramdown	21
Making the House a Home: The Stimulative Effect of Home Purchases on Consumption and Investment	21
Π-CAPM: The Classical CAPM with Probability Weighting and Skewed Assets	21