OOIR: Observatory of International Research

Papers

(The TQCC of Journal of Empirical Finance is 7. 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.)

Article	Citations
Persistent and transient variance components in option pricing models with variance-dependent Kernel	105
Mispricing and Anomalies: An Exogenous Shock to Short Selling from JGTRRA	102
Uncovered interest rate parity redux: Non-uniform effects	86
Estimation and inference in low frequency factor model regressions with overlapping observations	46
The effect of venture capital backing on innovation in newly public firms	41
Dynamic relationship between Stock and Bond returns: A GAS MIDAS copula approach	40
House price bubbles under the COVID-19 pandemic	37
Timing is money: The factor timing ability of hedge fund managers	35
Characteristic-sorted portfolios and macroeconomic risks—An orthogonal decomposition	34
Using, taming or avoiding the factor zoo? A double-shrinkage estimator for covariance matrices	33
Stock price movements: Evidence from global equity markets	31
Are cryptocurrencies a safe haven for stock investors? A regime-switching approach	31
Bear factor and hedge fund performance	31
The stock market tips	30
In search of retail investors: The effect of retail investor attention on odd lot trades	30
A revisit to bias-adjusted predictive regression	29
Forecasting Bitcoin realized volatility by exploiting measurement error under model uncertainty	27
Changes in the electorate and firm values: Evidence from the introduction of female suffrage in Switzerland	26
Executive compensation and aspirational peer benchmarking	25
Exploring risk premium factors for country equity returns	25
Climate change risk and green bond pricing	23
Tariff uncertainty and firm innovation: Evidence from the U.S.–China Permanent Normal Trade Relation	23
Customer–supplier relationships and non-linear financial policy response	22
Tone or term: Machine-learning text analysis, featured vocabulary extraction, and evidence from bond pricing in China	21
Partial moments and indexation investment strategies	20

Forecasting stock returns with large dimensional factor models	20
Is machine learning a necessity? A regression-based approach for stock return prediction	19
Identifying the underlying components of high-frequency data: Pure vs jump diffusion processes	19
The correlated trading and investment performance of individual investors	19
Decision-based trades: An analysis of institutional investors’ information advantages	18
Caught in the crossfire: How the threat of hedge fund activism affects creditors	18
Modeling and forecasting dynamic conditional correlations with opening, high, low, and closing prices	18
Regulatory fragmentation and corporate innovation	17
Diversification in lottery-like features and portfolio pricing discount: Evidence from closed-end funds	16
The transformed Gram Charlier distribution: Parametric properties and financial risk applications	16
Estimation with mixed data frequencies: A bias-correction approach	16
Are stablecoins the money market mutual funds of the future?	15
The anatomy of a fee change — evidence from cryptocurrency markets	15
The impact of liquidity risk in the Chinese banking system on the global commodity markets	15
Is idiosyncratic risk priced? The international evidence	14
Smart beta, “smarter” flows	14
Equity issues, creditor control and market timing patterns: Evidence from leverage decreasing recapitalizations	14
Easy money and competitive industries’ booms and busts	13
Firm-level political risk and corporate R&D investment	12
The commodity risk premium and neural networks	12
Machine learning loss given default for corporate debt	11
Portfolio homogeneity and systemic risk of financial networks	11
Is gold a hedge or a safe haven against stock markets? Evidence from conditional comoments	11
Social connectedness and cross-border mergers and acquisitions	10
Depositor responses to a banking crisis: Are finance professionals special?	10
International comovement of r	10
Short-term institutional investors and the diffusion of supply chain information	10
Managerial ability and financial statement disaggregation decisions	10
Forecasting financial volatility: An approach based on Parkinson volatility measure with long memory stochastic range model	10
Trading activity and price discovery in Bitcoin futures markets	10
City goes dark: Dark trading and adverse selection in aggregate markets	10
Technological shocks and stock market volatility over a century	10
Margin-buying, short-selling, and stock valuation: Why is the effect reversed over time in China?	10
Bitcoin unchained: Determinants of cryptocurrency exchange liquidity	10
Ownership structure and the cost of debt: Evidence from the Chinese corporate bond market	10
Do fees matter? Investor’s sensitivity to active management fees	10
Information in unexpected bonus cuts: Firm performance and CEO firings	9
Peer influence and the value of cash holdings	9
Why Do U.S. Firms Invest Less over Time?	9
What drives the TIPS–Treasury bond mispricing?	9
Do firms use credit lines to support investment opportunities?: Evidence from success in R&D	9
The AH premium: A tale of “siamese twin” stocks	9
Deciphering big data in consumer credit evaluation	8
Editorial Board	8
Betting on success: Unveiling the role of local gambling culture in equity crowdfunding	8
Editorial Board	8
Multiple testing of the forward rate unbiasedness hypothesis across currencies	8
The influence of long-term managerial orientation on pay inequality	8
Certainty of uncertainty for asset pricing	8
CEO personality traits and corporate value implication of acquisitions	8

Financial statement disaggregation and bank loan pricing	7
The protective role of saving: Bayesian analysis of British panel data	7
The value of risk-taking in mergers: Role of ownership and country legal institutions	7
Unveiling the villain: Credit supply and the debt trap	7
It is not just What you say, but How you say it: Why tonality matters in central bank communication	7
Technology spillover, corporate investment, and stock returns	7
Market neutrality and beta crashes	7
Stock return prediction: Stacking a variety of models	7
Option gamma and stock returns	7
Small is beautiful? How the introduction of mini futures contracts affects the regular contracts	7
Tail risks and private equity performance	7
Coskewness and reversal of momentum returns: The US and international evidence	7
Managerial commitment and heterogeneity in target-date funds	7
Reserve holding and bank lending	7
An adaptive long memory conditional correlation model	7
Acute illness symptoms among investment professionals and stock market dynamics: Evidence from New York City	7
Director optimism and CEO equity compensation	7