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 2021-08-01 to 2025-08-01.)

Article	Citations
Persistent and transient variance components in option pricing models with variance-dependent Kernel	110
Mispricing and Anomalies: An Exogenous Shock to Short Selling from JGTRRA	104
Uncovered interest rate parity redux: Non-uniform effects	93
Estimation and inference in low frequency factor model regressions with overlapping observations	41
The effect of venture capital backing on innovation in newly public firms	38
Using, taming or avoiding the factor zoo? A double-shrinkage estimator for covariance matrices	35
Characteristic-sorted portfolios and macroeconomic risks—An orthogonal decomposition	35
House price bubbles under the COVID-19 pandemic	33
Bear factor and hedge fund performance	33
Dynamic relationship between Stock and Bond returns: A GAS MIDAS copula approach	32
On the profitability of influential carry-trade strategies: Data-snooping bias and post-publication performance	31
Are cryptocurrencies a safe haven for stock investors? A regime-switching approach	30
The stock market tips	29
Stock price movements: Evidence from global equity markets	29
Climate change risk and green bond pricing	28
A revisit to bias-adjusted predictive regression	25
Changes in the electorate and firm values: Evidence from the introduction of female suffrage in Switzerland	24
Customer–supplier relationships and non-linear financial policy response	24
Exploring risk premium factors for country equity returns	24
Partial moments and indexation investment strategies	23
Identifying the underlying components of high-frequency data: Pure vs jump diffusion processes	22
Forecasting stock returns with large dimensional factor models	20
Tone or term: Machine-learning text analysis, featured vocabulary extraction, and evidence from bond pricing in China	19
Caught in the crossfire: How the threat of hedge fund activism affects creditors	18
The correlated trading and investment performance of individual investors	18

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

Director optimism and CEO equity compensation	7
Small is beautiful? How the introduction of mini futures contracts affects the regular contracts	7
Editorial Board	7
Effects of customer unionization on supplier relationships and supplier value	7
Option gamma and stock returns	7
An adaptive long memory conditional correlation model	7
Coskewness and reversal of momentum returns: The US and international evidence	7
Forecasting realized betas using predictors indicating structural breaks and asymmetric risk effects	7
The aftermath of covenant violations: Evidence from China's corporate debt securities	7
Market neutrality and beta crashes	7
The protective role of saving: Bayesian analysis of British panel data	7
It is not just What you say, but How you say it: Why tonality matters in central bank communication	7
Stock return prediction: Stacking a variety of models	7
Skilled active liquidity management: Evidence from shocks to fund flows	7
The value of risk-taking in mergers: Role of ownership and country legal institutions	7