North American Journal of Economics and Finance

Article	Citations
US structural drivers of international portfolio returns	94
Editorial Board	85
A non-zero-sum investment and reinsurance game between two mean–variance insurers with dynamic CVaR constraints	83
Trade friction and price discovery in the USD–CAD spot and forward markets	81
The impact of the shutdown policy on the asymmetric interdependence structure and risk transmission of cryptocurrency and China’s financial market	73
Monetary policy and bank performance: The role of business models	73
Which uncertainty measure better predicts gold prices? New evidence from a CNN-LSTM approach	61
Unveiling the gold-oil whirl amidst market uncertainty shocks in China	58
Modeling the unintended consequences of short selling for innovation investment	57
Multi-step barrier products and static hedging	55
On the connectedness between the uncertainty of central bank digital currency adoption and stablecoins	54
The impact of audit fees and auditor tenure on company valuation: An analysis of large U.S. audit firms	53
Hand in hand or left behind: The dual impact of leading firms’ digital technologies on industry digital transformation	50
The influence and predictive powers of mixed-frequency individual stock sentiment on stock returns	49
An analytical solution for the robust investment-reinsurance strategy with general utilities	47
Clustering effects and evolution of the global major 10-year government bond market structure: A network perspective	47
The transition of the global financial markets' connectedness during the COVID-19 pandemic	46
Cross-region risk spillover between the stock and stock index futures markets under exogenous shocks	46
Recent evidence on the short-term and long-term performance persistence of emerging-market mutual fund returns	44
Exploring the dynamic spillover of cryptocurrency environmental attention across the commodities, green bonds, and environment-related stocks	42
The impact of Twitter-based sentiment on US sectoral returns	42
Tail risk and investors’ concerns: Evidence from Brazil	41
Asymmetric dynamics between the Baltic Dry Index and financial markets during major global economic events	40
Investor co-attention and stock return co-movement: Evidence from China’s A-share stock market	39
Legal shifts and corporate strategy: The impact of China’s New Securities Law on earnings management	39

Dissecting returns of non-fungible tokens (NFTs): Evidence from CryptoPunks	39
Dynamics of market power and stability in GCC banking: econometric analysis and policy implications	39
Geopolitical risk and stock market volatility in emerging markets: A GARCH – MIDAS approach	38
Deregulation of short selling and corporate cash dividend policy: A quasi-natural experiment from China	37
Determinants of CDS in core and peripheral European countries: A comparative study during crisis and calm periods	36
Impact of Off-Balance-Sheet Activities on the Effectiveness of Monetary Policy	36
Can monthly-return rank order reveal a hidden dimension of momentum? The post-cost evidence from the U.S. stock markets	35
International oil shocks and the volatility forecasting of Chinese stock market based on machine learning combination models	34
Can real-time investor sentiment help predict the high-frequency stock returns? Evidence from a mixed-frequency-rolling decomposition forecasting method	34
Editorial Board	33
Editorial Board	33
Extreme risk spillovers between crude palm oil prices and exchange rates	32
The effect of compound heat-drought risk on municipal corporate bonds pricing: Evidence from China	32
Economic fundamentals, policy responses, and state-level municipal bond sensitivity to COVID-19 prevalence	30
Strategic cooperation in fintech field and efficiency of commercial banks	30
Can NFTs hedge the risk of traditional assets after the COVID-19 pandemic?	30
Dynamic volatility spillovers between industries in the US stock market: Evidence from the COVID-19 pandemic and Black Monday	30
Fintech, strategic incentives and investment to human capital, and MSEs innovation	30
Green bonds and clean energy stocks: Safe havens against global uncertainties? A wavelet quantile-based examination	29
Unveiling the bright side of rice-farming culture in shaping innovation: Evidence from Chinese listed firms	29
Enhanced index tracking: A relative downside risk approach	29
Does the international oil market interact with China’s financial market? New evidence from time-varying higher moments	28
Inflation synchronization and shock transmission between the eurozone and the non-euro CEE Economies: A wavelet quantile VAR approach	28
Managerial response to institutional investor distraction	27
Optimal venture capital entry–exit strategy with jump–diffusion risk	27
Exchange rate misalignments, capital flows and volatility	27
Special issue: Financial technology, innovation, and corporate finance	26
Asymmetric impact of global crude oil on Chinese sectors and optimal portfolio strategies: An analysis of the higher-order moment tail risk spillovers	26
Dynamic volatility spillover and market emergency: Matching and forecasting	26
Editorial Board	26
Oil price shocks, economic policy uncertainty and China’s producer price index: Evidence from quantile regression analysis	26
Forecasting the Value-at-Risk of REITs using realized volatility jump models	25
Fractal statistical measure and portfolio model optimization under power-law distribution	25
Cross-sectional quantile regression for estimating conditional VaR of returns during periods of high volatility	25
Examining the nexus between oil shocks and sovereign credit risk: Multidimensional insights from major oil exporters	24
How do the dual effects of financial development change the transmission of monetary policy? – Evidence from China	24
A crisis like no other? Financial market analogies of the COVID-19-cum-Ukraine war crisis	24
Foreign ownership and M&A activity: Evidence from China	24
Spillovers and directional predictability between international energy commodities and their implications for optimal portfolio and hedging	24
Regional market uncertainty and corporate investment	23
Connectedness of commodity, exchange rate and categorical economic policy uncertainties — Evidence from China	23
Valuing technological synergies in mergers	23
Static and dynamic return and volatility connectedness between transportation tokens and transportation indices: Evidence from quantile connectedness approach	23
Spillover shifts in the FX market: Implication for the behavior of a safe haven currency	23
Asymmetries in the international spillover effects of monetary policy: Based on TGVAR model	23
Stock index futures price prediction using feature selection and deep learning	23
Pricing vulnerable spread options with liquidity risk under Lévy processes	23
Editorial Board	22
Influence of a wider trading range on stock price efficiency: Evidence from ChiNext stocks in China	22
Measuring market volatility connectedness to media sentiment	22

Corrigendum to “Can monthly-return rank order reveal a hidden dimension of momentum? The post-cost evidence from the U.S. stock markets” [North Am. J. Econ. Fin. 65 (2023) 101884]	22
A model of dynamic tail dependence between crude oil prices and exchange rates	22
Stock market forecasting accuracy of asymmetric GARCH models during the COVID-19 pandemic	21
Hedging Bitcoin with commodity futures: An analysis with copper, gas, gold, and crude oil futures	21
Measuring liquidity with return volatility: An analytical approach based on heavy-tailed Censored-GARCH model	21
Oil price shocks and stock–bond correlation	20
The British Stock Market, currencies, brexit, and media sentiments: A big data analysis	20
News and intraday jumps: Evidence from regularization and class imbalance	20
Quantile connectedness of oil price shocks with socially responsible investments	19
Explosive behavior in historic NASDAQ market prices	19
Examining the transmission of credit and liquidity risks: A network analysis for EMU sovereign debt markets	19
A comparison of bitcoin futures return and return volatility based on news sentiment contemporaneously or lead-lag	19
Hedging the extreme risk of cryptocurrency	18
Non-executive employee stock ownership plans and corporate innovation efficiency: Evidence from China	18
Is there a dark side to financial inclusion? Understanding the relationship between financial inclusion and market risk	18
Risky finance, riskier climate: when financial instability meets climate risks on the bridge of sustainability uncertainty	18
Stablecoins as a tool to mitigate the downside risk of cryptocurrency portfolios	18
Who is smarter? Evidence from extreme financial risk contagion in hedge funds and mutual funds	18
Multi-scale systemic risk and spillover networks of commodity markets in the bullish and bearish regimes	17
Organizational capital and stock performance during Crises: Moderating role of generalist CEO	17
Outperforming ESG stocks portfolio: A machine learning ranking model with catboots regressor	17
Interactions between investors’ fear and greed sentiment and Bitcoin prices	17
Decoding the stock market dynamics in the banking sector: Short versus long-term insights	17
The “effect modifier” of US interest rate in the economic policy uncertainties and economic conditions of fifty (50) US states: A semi-parametric smooth varying-coefficient approach	17
Stock market extreme risk prediction based on machine learning: Evidence from the American market	17
The neo-Fisherian effect in a new Keynesian model with real money balances	17
The temporal variability in the returns of socially responsible funds to structural oil shocks	17
A measure of quantile-on-quantile connectedness for the US treasury yield curve spread, the US Dollar, and gold price	17
Liquidity spillovers between cryptocurrency and foreign exchange markets	17
Institutional opening of capital market and stock price Bubble: Evidence from China	17
Geography of corporate networks and housing price spillovers: evidence from U.S. States	17
The impact of VIX on China’s financial market: A new perspective based on high-dimensional and time-varying methods	16
CEO succession and corporate innovation: A managerial myopic perspective	16
Inflation risk and stock returns: Evidence from US aggregate and sectoral markets	16
Tax aggressiveness and idiosyncratic volatility	16
Editorial Board	16
Systemic risk monitoring model from the perspective of public information arrival	16
A study of the efficiency of the Chinese clean energy stock market and its correlation with the crude oil market based on an asymmetric multifractal scaling behavior analysis	16
Forecasting volatility of China’s crude oil futures based on hybrid ML-HAR-RV models	16
Cross-category and cross-country spillovers of economic policy uncertainty: Evidence from the US and China	15
Can volatility spread fully capture the put–call parity violation?	15
SMEs’ behavior under financial constraints: An empirical investigation on the legal environment and the substitution effect with tax arrears	15
Can U.S. macroeconomic indicators forecast cryptocurrency volatility?	15
Contagion effect of systemic risk among industry sectors in China’s stock market	15
The risk spillover between China’s economic policy uncertainty and commodity markets: Evidence from frequency spillover and quantile connectedness approaches	15
Pricing VIX options based on mean-reverting models driven by information	15
The outbreak of COVID-19 and stock market liquidity: Evidence from emerging and developed equity markets	15
Text Spillover: Measuring connectedness of financial institutions based on news text data	14
Geopolitical risk and firm value: Evidence from emerging markets	14
Editorial Board	14
How does FinTech affect the development of the digital economy? Evidence from China	14
Do cryptocurrencies provide better hedging? Evidence from major equity markets during COVID-19 pandemic	14
Momentum mechanisms under heterogeneous beliefs	14
Systemic risk among Chinese oil and petrochemical firms based on dynamic tail risk spillover networks	14
Individual investment adaptations to COVID-19 lockdowns	14
Impact of Basel III liquidity regulations on U.S. Bank performance in different conditional profitability spectrums	13
Loss from the chasing of MAX stocks: Evidence from China	13
Return and volatility spillovers across the Western and MENA countries	13
The RP-PCA factors and stock return predictability: An aligned approach	13
Measuring real–financial connectedness in the U.S. economy	13
Currency news and international bond markets	13
Information sharing in a perfectly competitive market	13
Adaptive online portfolio selection incorporating systematic risk of the financial market	12
Which liquidity indicator is more informative to market volatility? Spectrum analysis of China’s base metal futures market	12
Hard to arbitrage, hard for analysts to forecast	12
Upside/Downside spillovers between oil and Chinese stock sectors: From the global financial crisis to global pandemic	12
Are the profitability and investment factors valid ICAPM risk factors? Pre-1963 evidence	12
Unveiling asymmetric return spillovers with portfolio implications among Indian stock sectors during Covid-19 pandemic	12
Political sentiment and MAX effect	12
Regulation and crises: A concave story	12
Private health insurance consumption and public health-care provision in OECD countries: Impact of culture, finance, and the pandemic	12
The cross-border interaction of financial stress: From the perspective of pattern causality	12
Can hybrid model improve the forecasting performance of stock price index amid COVID-19? Contextual evidence from the MEEMD-LSTM-MLP approach	12
The effects of financial openness and financial efficiency on Chinese macroeconomic volatilities	12
Did the Indian stock market overreact to Covid-19?	12
Money, payments systems, limited participation, and central banking	12
Carbon emission control, tariff-carbon tax reform and intersectoral migration in the presence of international capital inflows	12
Commonality, macroeconomic factors and banking profitability	12
Geopolitical risks and investor sentiment: Causality and TVP-VAR analysis	12
Multiperiod portfolio allocation: A study of volatility clustering, non-normalities and predictable returns	12

Effect of sectoral holdings on the flow-performance sensitivity of mutual funds	11
ESG and Stock Price Volatility Risk: Evidence from Chinese A-share Market	11
Diversified behavioral portfolio as an alternative to Modern Portfolio Theory	11
A penalized U-MIDAS multinomial logit model with applications to corporate credit ratings	11
Pricing options on the maximum or the minimum of several assets with default risk	11
ESG rating divergence and stock price crash risk	11
Investor sentiment and energy futures predictability: Evidence from Feasible Quasi Generalized Least Squares	11
The valuation of variance swaps with psychological barriers in the underlying dynamics	11
Sources of CEO power and firm mergers & acquisitions——Evidence from Chinese listed family firms	11
Real-time GARCH@CARR: A joint model of returns, realized measure of volatility and current intraday information	11
The effect of output and the real exchange rate on equity price dynamics	10
Stablecoins as the cornerstone in the linkage between the digital and conventional financial markets	10
Valuation of piecewise linear barrier options	10
Reassessing the inversion of the Treasury yield curve as a sign of U.S. recessions: Insights from the housing and credit markets	10
Impacts of COVID-19 on global stock sectors: Evidence from time-varying connectedness and asymmetric nexus analysis	10
The effects of formal and informal CEO power on debt policy persistence	10
Re-examining China and the u.s.’s respective green bond markets in extreme conditions: Evidence from quantile connectedness	10
Investor sentiment response to COVID-19 outbreak-related news: A sectoral analysis of US firms	10
Digital finance and misallocation of resources among firms: Evidence from China	10
Information asymmetry, sentiment interactions, and asset price	10
Narcissistic leaders and corporate cash Holdings: Evidence in China	10
Is a co-jump in prices a sparse jump?	10
The threshold effect of political connection on the green innovation of businesses: Evidence from China	10
Searching for informed traders in stock markets: The case of Banco Popular	10
Corporate investment amid trade policy uncertainty: Past lessons, future presidency	10
Modeling dynamic conditional correlations with leverage effects and volatility spillover effects: Evidence from the Chinese and US stock markets affected by the recent trade friction	10
Research on the time-varying effects among green finance markets in China: A fresh evidence from multi-frequency scale perspective	10
Temporal and spatial heterogeneity of resource misallocation in Chinese banks and its influential factors	10
Overconfident investors, Predictable Returns, and optimal consumption-portfolio rules	9
Analytical valuation of vulnerable chained options	9
The time-varying relationship between climate uncertainty, low-carbon stocks and green bonds	9
Spillover of fear among the US and BRICS equity markets during the COVID-19 crisis and the Russo-Ukrainian conflict	9
Option trading volume and the cross-section of option returns	9
Bank competition, government interest in green initiatives and carbon emissions reduction: An empirical analysis using city-level data from China	9
Impact of COVID-19 pandemic on stock markets: Conventional vs. Islamic indices using wavelet-based multi-timescales analysis	9
Models of optimal contract in lending: Evaluating the impact of diversified versus focused policies on riskiness of borrower base	9
Who is more important, parents or children? Economic and environmental factors and health insurance purchase	9
Economic policy uncertainty, macroeconomic shocks, and systemic risk: Evidence from China	9
Searching hedging instruments against diverse global risks and uncertainties	9
Mutual fund style drift measured using higher moments and its cash flow incentive	9
The impact of revenue diversification on profitability, capital, and risk in US banks by size	9
A new approach to capital control for emerging market economies	9
Dynamic volatility spillover among cryptocurrencies and energy markets: An empirical analysis based on a multilevel complex network	9
Banking market structure and corporate investment efficiency	9
WITHDRAWN: Extreme risk contagion from the United States to BRICS stock markets: A multivariate quantile analysis	9
Dynamic connectedness of climate risks, oil shocks, and China’s energy futures market: Time-frequency evidence from Quantile-on-Quantile regression	9
Cross-market information transmission and stock market volatility prediction	8
Editorial Board	8
Network volatility, contagion, and two-pillar policies: Insights from Chinese financial sector data	8
Price impact, strategic interaction and portfolio choice	8
Multivariate risk aversion utility, application to ESG investments	8
Stock index direction forecasting using an explainable eXtreme Gradient Boosting and investor sentiments	8
Applications of machine learning for corporate bond yield spread forecasting	8
The role of ESG factor in stock clustering based on risk-return-liquidity dimensions	8
Animal Behavior in Capital markets: Herding formation dynamics, trading volume, and the role of COVID-19 pandemic	8
Dealer markets: A reinforcement learning mean field game approach	8
Network measurement and influence mechanism of dynamic risk contagion among global stock markets: Based on time-varying spillover index and complex network method	8
The influence of private equity and venture capital on the post-IPO performance of newly-public acquirers	8
Explosiveness in the renewable energy equity sector: International evidence	8
The research on non-linear relationship between enterprise digital transformation and stock price crash risk	8
How can media attention reveal ESG improvement opportunities? A multi-algorithm machine learning-based approach for Taiwan’s electronics industry	8
The impact of volatility regime dynamics on option pricing	8
Valuing American options using multi-step rebate options	8
Dynamic impact of the US yield curve on green bonds: Navigating through recent crises	8
How does node centrality in a financial network affect asset price prediction?	8
Commodity financialization and funding liquidity in China	8