North American Journal of Economics and Finance

Article	Citations
The transition of the global financial markets' connectedness during the COVID-19 pandemic	119
Recent evidence on the short-term and long-term performance persistence of emerging-market mutual fund returns	95
US structural drivers of international portfolio returns	88
Editorial Board	82
Long-term wealth growth portfolio allocation under parameter uncertainty: A non-conservative robust approach	74
A non-zero-sum investment and reinsurance game between two mean–variance insurers with dynamic CVaR constraints	72
Asymmetric dynamics between the Baltic Dry Index and financial markets during major global economic events	69
Trade friction and price discovery in the USD–CAD spot and forward markets	69
Cross-region risk spillover between the stock and stock index futures markets under exogenous shocks	68
Unveiling the gold-oil whirl amidst market uncertainty shocks in China	65
Modeling the unintended consequences of short selling for innovation investment	59
Which uncertainty measure better predicts gold prices? New evidence from a CNN-LSTM approach	57
The impact of Twitter-based sentiment on US sectoral returns	54
The influence and predictive powers of mixed-frequency individual stock sentiment on stock returns	53
Multi-step barrier products and static hedging	53
Tail risk and investors’ concerns: Evidence from Brazil	53
Monetary policy and bank performance: The role of business models	52
The impact of the shutdown policy on the asymmetric interdependence structure and risk transmission of cryptocurrency and China’s financial market	48
Hand in hand or left behind: The dual impact of leading firms’ digital technologies on industry digital transformation	48
An analytical solution for the robust investment-reinsurance strategy with general utilities	48
Economic policy uncertainty and cost of debt financing: International evidence	47
Dissecting returns of non-fungible tokens (NFTs): Evidence from CryptoPunks	45
Clustering effects and evolution of the global major 10-year government bond market structure: A network perspective	44
Investor co-attention and stock return co-movement: Evidence from China’s A-share stock market	44
Geopolitical risk and stock market volatility in emerging markets: A GARCH – MIDAS approach	43

Exploring the dynamic spillover of cryptocurrency environmental attention across the commodities, green bonds, and environment-related stocks	43
Does the international oil market interact with China’s financial market? New evidence from time-varying higher moments	40
Deregulation of short selling and corporate cash dividend policy: A quasi-natural experiment from China	39
Impact of Off-Balance-Sheet Activities on the Effectiveness of Monetary Policy	38
Can monthly-return rank order reveal a hidden dimension of momentum? The post-cost evidence from the U.S. stock markets	37
Strategic cooperation in fintech field and efficiency of commercial banks	37
Determinants of CDS in core and peripheral European countries: A comparative study during crisis and calm periods	37
Extreme risk spillovers between crude palm oil prices and exchange rates	36
Editorial Board	36
Editorial Board	35
International oil shocks and the volatility forecasting of Chinese stock market based on machine learning combination models	35
Economic fundamentals, policy responses, and state-level municipal bond sensitivity to COVID-19 prevalence	35
Can NFTs hedge the risk of traditional assets after the COVID-19 pandemic?	35
Dynamic volatility spillovers between industries in the US stock market: Evidence from the COVID-19 pandemic and Black Monday	34
Green bonds and clean energy stocks: Safe havens against global uncertainties? A wavelet quantile-based examination	34
Fintech, strategic incentives and investment to human capital, and MSEs innovation	33
Can real-time investor sentiment help predict the high-frequency stock returns? Evidence from a mixed-frequency-rolling decomposition forecasting method	33
Stock index futures price prediction using feature selection and deep learning	33
Inflation synchronization and shock transmission between the eurozone and the non-euro CEE Economies: A wavelet quantile VAR approach	32
Optimal venture capital entry–exit strategy with jump–diffusion risk	32
Exchange rate misalignments, capital flows and volatility	32
Oil price shocks, economic policy uncertainty and China’s producer price index: Evidence from quantile regression analysis	31
Asymmetric impact of global crude oil on Chinese sectors and optimal portfolio strategies: An analysis of the higher-order moment tail risk spillovers	31
Special issue: Financial technology, innovation, and corporate finance	30
Does inequality help in forecasting equity premium in a panel of G7 countries?	29
Dynamic volatility spillover and market emergency: Matching and forecasting	29
Editorial Board	29
Regional market uncertainty and corporate investment	28
Cross-sectional quantile regression for estimating conditional VaR of returns during periods of high volatility	28
A model of information diffusion with asymmetry and confidence effects in financial markets	27
Forecasting the Value-at-Risk of REITs using realized volatility jump models	27
Valuing technological synergies in mergers	26
How do the dual effects of financial development change the transmission of monetary policy? – Evidence from China	26
Fractal statistical measure and portfolio model optimization under power-law distribution	26
Spillovers and directional predictability between international energy commodities and their implications for optimal portfolio and hedging	26
Foreign ownership and M&A activity: Evidence from China	26
Managerial response to institutional investor distraction	26
Spillover shifts in the FX market: Implication for the behavior of a safe haven currency	26
Connectedness of commodity, exchange rate and categorical economic policy uncertainties — Evidence from China	25
A crisis like no other? Financial market analogies of the COVID-19-cum-Ukraine war crisis	25
Pricing vulnerable spread options with liquidity risk under Lévy processes	25
Examining the nexus between oil shocks and sovereign credit risk: Multidimensional insights from major oil exporters	24
Asymmetries in the international spillover effects of monetary policy: Based on TGVAR model	24
Static and dynamic return and volatility connectedness between transportation tokens and transportation indices: Evidence from quantile connectedness approach	24
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]	23
Measuring market volatility connectedness to media sentiment	23
Editorial Board	23
A model of dynamic tail dependence between crude oil prices and exchange rates	22
Influence of a wider trading range on stock price efficiency: Evidence from ChiNext stocks in China	22
Decoding the stock market dynamics in the banking sector: Short versus long-term insights	22

“One person’s decision” or “collective voting”: Evidence of overconfident investing in Chinese listed companies	22
Stock market extreme risk prediction based on machine learning: Evidence from the American market	21
Explosive behavior in historic NASDAQ market prices	21
Hedging Bitcoin with commodity futures: An analysis with copper, gas, gold, and crude oil futures	21
The British Stock Market, currencies, brexit, and media sentiments: A big data analysis	21
Hedging the extreme risk of cryptocurrency	21
Examining the transmission of credit and liquidity risks: A network analysis for EMU sovereign debt markets	21
Is there a dark side to financial inclusion? Understanding the relationship between financial inclusion and market risk	21
Quantile connectedness of oil price shocks with socially responsible investments	20
A comparison of bitcoin futures return and return volatility based on news sentiment contemporaneously or lead-lag	20
News and intraday jumps: Evidence from regularization and class imbalance	20
The temporal variability in the returns of socially responsible funds to structural oil shocks	20
Stock market forecasting accuracy of asymmetric GARCH models during the COVID-19 pandemic	20
Non-executive employee stock ownership plans and corporate innovation efficiency: Evidence from China	20
Oil price shocks and stock–bond correlation	19
Measuring liquidity with return volatility: An analytical approach based on heavy-tailed Censored-GARCH model	19
Multi-scale systemic risk and spillover networks of commodity markets in the bullish and bearish regimes	19
A measure of quantile-on-quantile connectedness for the US treasury yield curve spread, the US Dollar, and gold price	19
Liquidity spillovers between cryptocurrency and foreign exchange markets	19
Stablecoins as a tool to mitigate the downside risk of cryptocurrency portfolios	19
Who is smarter? Evidence from extreme financial risk contagion in hedge funds and mutual funds	19
Interactions between investors’ fear and greed sentiment and Bitcoin prices	19
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	18
Individual investment adaptations to COVID-19 lockdowns	18
Organizational capital and stock performance during Crises: Moderating role of generalist CEO	18
Systemic risk monitoring model from the perspective of public information arrival	18
Editorial Board	17
Pricing VIX options based on mean-reverting models driven by information	17
The risk spillover between China’s economic policy uncertainty and commodity markets: Evidence from frequency spillover and quantile connectedness approaches	17
Forecasting volatility of China’s crude oil futures based on hybrid ML-HAR-RV models	17
Institutional investors’ ownership stability and their investee firms’ equity mispricing	17
Inflation risk and stock returns: Evidence from US aggregate and sectoral markets	16
The impact of economic uncertainty and geopolitical risks on bank credit	16
The impact of VIX on China’s financial market: A new perspective based on high-dimensional and time-varying methods	16
Do cryptocurrencies provide better hedging? Evidence from major equity markets during COVID-19 pandemic	16
Tax aggressiveness and idiosyncratic volatility	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
How does FinTech affect the development of the digital economy? Evidence from China	16
Contagion effect of systemic risk among industry sectors in China’s stock market	16
CEO succession and corporate innovation: A managerial myopic perspective	16
Cross-category and cross-country spillovers of economic policy uncertainty: Evidence from the US and China	16
The outbreak of COVID-19 and stock market liquidity: Evidence from emerging and developed equity markets	15
Institutional quality and corporate financing decisions around the world	15
Text Spillover: Measuring connectedness of financial institutions based on news text data	15
Can U.S. macroeconomic indicators forecast cryptocurrency volatility?	15
Systemic risk among Chinese oil and petrochemical firms based on dynamic tail risk spillover networks	15
Momentum mechanisms under heterogeneous beliefs	15
SMEs’ behavior under financial constraints: An empirical investigation on the legal environment and the substitution effect with tax arrears	15
Geopolitical risk and firm value: Evidence from emerging markets	15
Editorial Board	14
Currency news and international bond markets	14
Predicting equity premium using dynamic model averaging. Does the state–space representation matter?	14
Impact of Basel III liquidity regulations on U.S. Bank performance in different conditional profitability spectrums	14
Information sharing in a perfectly competitive market	14
Fiscal retrenchments and the transmission mechanism of the sovereign risk channel for highly indebted countries	14
Testing the forward volatility unbiasedness hypothesis in exchange rates under long-range dependence	14
Loss from the chasing of MAX stocks: Evidence from China	14
The impact of ultimate controller’s ownership on cash dividend policy based on a comparative analysis between owner-management and professional-management modes	14
Preference for bid time in hybrid auctioned IPOs: Evidence from China	14
Effects of quantitative easing on firm performance in the euro area	14
The RP-PCA factors and stock return predictability: An aligned approach	14
Commonality, macroeconomic factors and banking profitability	14
Political sentiment and MAX effect	13
Upside/Downside spillovers between oil and Chinese stock sectors: From the global financial crisis to global pandemic	13
Return and volatility spillovers across the Western and MENA countries	13
Carbon emission control, tariff-carbon tax reform and intersectoral migration in the presence of international capital inflows	13
The cross-border interaction of financial stress: From the perspective of pattern causality	13
Did the Indian stock market overreact to Covid-19?	13
Hard to arbitrage, hard for analysts to forecast	13
Which liquidity indicator is more informative to market volatility? Spectrum analysis of China’s base metal futures market	13
Money, payments systems, limited participation, and central banking	13
Multiperiod portfolio allocation: A study of volatility clustering, non-normalities and predictable returns	12
Geopolitical risks and investor sentiment: Causality and TVP-VAR analysis	12
Measuring real–financial connectedness in the U.S. economy	12
Sources of CEO power and firm mergers & acquisitions——Evidence from Chinese listed family firms	12
Private health insurance consumption and public health-care provision in OECD countries: Impact of culture, finance, and the pandemic	12
Diversified behavioral portfolio as an alternative to Modern Portfolio Theory	12
Are the profitability and investment factors valid ICAPM risk factors? Pre-1963 evidence	12
Regulation and crises: A concave story	12
Unveiling asymmetric return spillovers with portfolio implications among Indian stock sectors during Covid-19 pandemic	11

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